Tax Planning Method Of Income Tax For Domestic Funded Enterprises

In principle, tax planning can aim at all taxes, but the elasticity of tax burden varies from different taxes. This is mainly determined by the different internal elements of each tax: A. tax base, B. tax deduction, C. tax rate, D. tax preference.

The wider the tax base, the higher the tax rate, the heavier the tax burden; or the greater the tax deduction, the more tax preferences, the lighter the tax burden.

It is not difficult to see that from the tax category, the tax burden of corporate income tax and personal income tax is relatively large, because there is a greater elasticity in the tax base width, the tax rate, the amount of deduction, or the discount rate; from industries and enterprise types, foreign-funded enterprises, high-tech enterprises, and some industries that the State takes care of and encourages development can get more preferential policies, and the relative space of planning is relatively large.

In the actual work, we should start with the enterprise income tax, which is a relatively large tax burden, combined with the basic method of tax planning and the scale of the operation of enterprises, and make direct income tax, such as income tax, which is difficult to be pferred, and obtain the income point or pfer the income legally.

Below we analyze the tax planning of domestic enterprises' income tax from different aspects.

(1) tax planning using bad debt losses

(2) tax planning using inventory valuation method.

(3) tax planning with depreciation years.

(4) tax planning by means of depreciation.

(5) make use of deficit to make up for tax planning.

(6) tax planning with prepaid income tax.

(7) making use of the enterprise income tax reduction and exemption tax policy to carry out tax planning

In order to encourage enterprises to increase investment, support technological pformation of enterprises, promote product structure adjustment and stable economic development, the tax law stipulates that 40% of the investment in domestic equipment needed for enterprises in China to invest in technical pformation projects that conform to the state's industrial policies can be offset by the new enterprise income tax from the year of enterprise technological pformation.

stay

In tax planning, domestic equipment that implements investment credit can still be depreciated at the original price and deducted according to the relevant regulations when calculating taxable income.

Enterprises from their own

It is necessary to start the domestic equipment for the equipment needed in the technical pformation project, so as to achieve the tax reduction effect.

The expenses incurred by enterprises in the research and development of new products, new technologies and new technologies, and the fees for entrusting other units to carry out scientific research and trial production shall be excluded from the pre tax deduction.

From the perspective of development, enterprises should increase their R & D efforts to ensure the R & D expenditure.

This will enable enterprises to bring forth new ideas, expand market share in competition, and reduce corporate income tax expenditure.

Identified in the new and high technology industrial development zone established by the State Council

The enterprise income tax can be reduced at a preferential tax rate of 15%, and it is stipulated that the income tax shall be exempted within two years from the date of its establishment.

When making investment decisions, enterprises should consider the industries in which the investment enterprises are located, so as to enjoy the preferential tax policies of the state and reduce the tax burden of enterprises.

Enterprises using waste water, waste gas, waste residue and other wastes as main raw materials can be reduced or exempted from income tax within 5 years.

The newly established labor and employment service enterprises, who relocated 60% of the total number of unemployed persons in the cities and towns, were exempt from the income tax for 3 years after being approved by the competent tax authorities.

The newly established enterprises in the revolutionary base areas, ethnic minority areas, remote areas and poverty-stricken areas established by the State shall be exempted from or exempted from income tax for 3 years after the approval of the competent tax authorities.