ABSTACT

 Impact Of Tax Planning Strategies On The Profit Of Nigerian Companies, Is An In Dept Evaluation Of The Impact Of Tax Planning Strategies On Companies' Profit. Presently, It Has Been Observed That Companies See Tax As An Uncontrollable Business Expense And Must Be Paid As Stipulated By The Tax Authorities, Without Taking Into Consideration A Legal Means At Reducing The Burden. The Major Aim Of The Research Is To Critically Ascertain The Impact At Tax Planning Strategies On The Profits Of Nigerian Companies With Concentration On Some Companies In Aba North And Umuahia Metropolis. To Achieve The Aim Of The Research, Questionnaires Were Administered To Accountants, Managers, Tax Administrators, Financial Analysts And Tax Administrators. In Other To Ascertain Their Opinion About The Impact Of These Strategies On A Companies Profit, Secondary Data In Form Of Financial Statements Were Collected From Five Companies-Nigeria Breweries, Guinness Plc, Guarantee Trust Bank Plc, First Bank Plc And Unilever Nig Plc. Furthermore, Chi-Square Test And Student's T-Tests Were Used As Tools For Statistical Analysis To Substantiate The Research View On The Impact. On The Basis Of The Following Analysis, It Was Found Out That Tax Planning Strategies Have An Impact On The Profits Of Nigerian Companies'. Therefore It Was Recommended That Tax Planning And Management Should Be Taking Seriously And It Should Be Made A Major Business Functions Like Production, Marketing And Others So That Tax Planners Will Be Focused. This Work Will Be Of Benefit To Management Of Companies, Government, Investors And Other Stakeholders