The Extent of the Impact of Taxes on Financing Decisions and Control Processes in those Decisions

The debates sparked by the tax treatment of realized, reinvested, and distributed profits led to various taxation techniques, concluding that, while economic theory claims that any company's goal is to maximize profit, the practical reality shows that some companies only want to make a satisfactory profit and thus pay as little tax as possible, In the context of accounting methods that allow businesses to show results that are more in accordance with their goals than with reality, within specified bounds. Based on a set of eight hypotheses that we will test on a sample of industry enterprises using the research methodology of panel-based models, we will try to argue the importance of managing the tax burden and highlight the tax repercussions on investment decisions, their financing methods, and the value of the company.