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 concessions, 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 practical work, we should start with the enterprise income tax, which is a relatively large tax burden, combined with the basic methods of tax planning and the scale of 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 income by lawful choice.

Obligations, tax reduction obligations, or deferred tax obligations.

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 investment in China's territory is in line with national industry.

For enterprises with technological pformation projects, 40% of the investment in domestic equipment required by the project can be credited from the enterprise income tax added in the previous year than the year when the enterprise's technology pformation equipment was purchased.

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

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.

The hi-tech enterprises identified in the new and high technology industrial development zone established by the State Council can be reduced by 15% of the preferential tax rate, and the enterprise income tax shall be levied 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.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.