Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico

Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico

Family-owned businesses have paramount social and economic importance worldwide since they represent almost 90 % of businesses in various regions, generate more than half of the employment and produce more than two-thirds of the Gross Domestic Product in many countries. Decisions are based on their...

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Main Author: Paz-Pérez, Daniel Eduardo
Format: Online
Language:spa
Published: Universidad Autónoma de Tamaulipas 2023
Online Access:https://revistaciencia.uat.edu.mx/index.php/CienciaUAT/article/view/1665
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id oai:ojs.pkp.sfu.ca:article-1665
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institution CIENCIA UAT
collection OJS
language spa
format Online
author Paz-Pérez, Daniel Eduardo
spellingShingle Paz-Pérez, Daniel Eduardo
Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico
author_facet Paz-Pérez, Daniel Eduardo
author_sort Paz-Pérez, Daniel Eduardo
title Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico
title_short Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico
title_full Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico
title_fullStr Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico
title_full_unstemmed Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico
title_sort tax strategies’ intention of use in family-owned business in southern tamaulipas, mexico
description Family-owned businesses have paramount social and economic importance worldwide since they represent almost 90 % of businesses in various regions, generate more than half of the employment and produce more than two-thirds of the Gross Domestic Product in many countries. Decisions are based on their commercial experience and knowledge of their customer base. However, they must also employ a fiscal strategy to ensure their subsistence, since they face each more competitive and unpredictable environment. The objective of this research was to show the intention to use tax strategies by family businesses in the municipality of El Mante, located in Southern Tamaulipas, Mexico, and its relationship with the entrepreneurial, legal, and managerial knowledge of their owners. Responses were collected through a direct interview with the business owners or the CEO. Additionally, a questionnaire with validated Likert scales was used, and the recommended statistical tests were administered. Findings indicate that there is sufficient mastery of entrepreneurs in areas such as the management of the family business, regulations and actors related to trade, as well as a sufficient degree of agreement regarding the intention to use fiscal strategies and business plans, competencies that can be increased by working for the family business. The main finding is the evidence of a weak correlation between the legal and managerial knowledge of family business owners with the use of tax strategies, as well as a very weak correlation with entrepreneurial knowledge. The intention to use tax strategies requires such knowledge by business owners, who make decisions based on family’s interests, consider financial planning as necessary and take advantage of the benevolence of tax strategies.
publisher Universidad Autónoma de Tamaulipas
publishDate 2023
url https://revistaciencia.uat.edu.mx/index.php/CienciaUAT/article/view/1665
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spelling oai:ojs.pkp.sfu.ca:article-16652023-02-02T15:13:03Z Tax strategies’ intention of use in family-owned business in southern Tamaulipas, Mexico Intención de uso de estrategias fiscales en empresas familiares en el sur de Tamaulipas, México Paz-Pérez, Daniel Eduardo business family strategy taxation Tamaulipas empresas familia estrategias fiscal Tamaulipas Family-owned businesses have paramount social and economic importance worldwide since they represent almost 90 % of businesses in various regions, generate more than half of the employment and produce more than two-thirds of the Gross Domestic Product in many countries. Decisions are based on their commercial experience and knowledge of their customer base. However, they must also employ a fiscal strategy to ensure their subsistence, since they face each more competitive and unpredictable environment. The objective of this research was to show the intention to use tax strategies by family businesses in the municipality of El Mante, located in Southern Tamaulipas, Mexico, and its relationship with the entrepreneurial, legal, and managerial knowledge of their owners. Responses were collected through a direct interview with the business owners or the CEO. Additionally, a questionnaire with validated Likert scales was used, and the recommended statistical tests were administered. Findings indicate that there is sufficient mastery of entrepreneurs in areas such as the management of the family business, regulations and actors related to trade, as well as a sufficient degree of agreement regarding the intention to use fiscal strategies and business plans, competencies that can be increased by working for the family business. The main finding is the evidence of a weak correlation between the legal and managerial knowledge of family business owners with the use of tax strategies, as well as a very weak correlation with entrepreneurial knowledge. The intention to use tax strategies requires such knowledge by business owners, who make decisions based on family’s interests, consider financial planning as necessary and take advantage of the benevolence of tax strategies. Las empresas familiares tienen gran importancia social y económica en el mundo, ya que representan casi el 90 % de los negocios en diversas regiones, generan más de la mitad del empleo y producen más de dos terceras partes del Producto Interno Bruto en muchos países. Suelen basarse en su experiencia comercial y en el conocimiento de su clientela, pero deben contar con un plan de estrategias fiscales para asegurar su supervivencia, ya que se desarrollan en ambientes cada vez más competitivos e impredecibles. El objetivo de esta investigación fue mostrar la intención de uso de estrategias fiscales por las empresas de corte familiar en el municipio de El Mante, ubicado al sur de Tamaulipas, México, y su relación con el conocimiento empresarial, legal y directivo de sus propietarios. Se recogieron las respuestas obtenidas en entrevista directa con los propietarios o directores de negocios, utilizando un cuestionario con escalas de Likert validado y se aplicaron las pruebas estadísticas recomendadas. Se encontró suficiente dominio de los empresarios en los temas de administración del negocio familiar, normas y actores relacionados con el comercio, así como suficiente grado de acuerdo en la intención del uso de estrategias fiscales y planes de negocios, competencias que pueden acrecentarse laborando para la empresa familiar. El principal hallazgo es la evidencia de una débil correlación entre el conocimiento legal y directivo de los propietarios de empresas familiares con el uso de las estrategias fiscales, así como una muy débil correlación con el conocimiento empresarial. La intención de uso de estrategias fiscales requiere de tales conocimientos por parte de los empresarios, quienes toman decisiones considerando los intereses de la familia, estiman necesaria la planeación financiera y aprovechan la bondad de las estrategias fiscales. Universidad Autónoma de Tamaulipas 2023-01-30 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/html text/xml https://revistaciencia.uat.edu.mx/index.php/CienciaUAT/article/view/1665 10.29059/cienciauat.v17i2.1665 CienciaUAT; Vol 17 No. 2. January-June 2023; 130-145 CienciaUAT; Vol. 17 No. 2: Enero-Junio 2023; 130-145 2007-7858 2007-7521 spa https://revistaciencia.uat.edu.mx/index.php/CienciaUAT/article/view/1665/1014 https://revistaciencia.uat.edu.mx/index.php/CienciaUAT/article/view/1665/1009 https://revistaciencia.uat.edu.mx/index.php/CienciaUAT/article/view/1665/1049 Derechos de autor 2022 Universidad Autónoma de Tamaulipas https://creativecommons.org/licenses/by-nc-sa/4.0

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