The Efficiency of Value Added Tax Planning Affecting the Performance of Import and Export Businesses in Nong Khai Province

Abstract

            This research aimed to 1) study the current state of value-added tax (VAT) practices among import and export businesses in Nong Khai province, 2) examine the opinions of these businesses regarding VAT planning and its efficiency in affecting business performance, and 3) investigate the influence of VAT planning on the operational performance of these businesses. The scope of the study focused on VAT planning data from import and export businesses in Nong Khai province. A systematic random sampling method was employed to select 144 participants, based on Krejci & Morgan's table at a 95% confidence level. The data collection instrument was a questionnaire, with a validity coefficient of 0.90 against the objectives and an alpha reliability coefficient of 0.94 for the entire questionnaire
at a significance level of 0.05. Descriptive statistics, frequency distribution percentages, means, and standard deviations were used for data analysis, along with inferential statistics through multiple regression analysis.

            The results revealed that:

1. Most entrepreneurs have knowledge and understanding of VAT laws and regulations and have good compliance with tax payment deadlines. However, there are still some areas that need development, such as knowledge of tax exemptions and privileges and knowledge of export control.
2. Effectiveness of VAT planning Most entrepreneurs have high opinions, especially in terms of the correctness and completeness of VAT laws, followed by VAT planning, management structure, business performance and knowledge and understanding of VAT, respectively.
3. Most businesses possess a good understanding of VAT regulations and compliance. This understanding has a significant positive influence on the business performance of import and export businesses in Nong Khai province at a 0.05 significance level. Conversely, effective VAT planning and sound management structures have a significant negative influence, meaning they help mitigate the impact on business operations. However, adherence to VAT laws alone does not significantly affect business performance.