A Study On Corporate Income Tax Planning In China

In recent years,the pace of China’s construction and improvement of the market economy and the legal environment has accelerated.In the face of increasingly severe corporate competition,companies are increasingly paying more taxes in the process of maximizing profits.Among them,corporate income tax is a very important type of tax.Enterprises need to pay this tax directly to the tax authorities.There is no need for middlemen to plan.Not only is the levy force very large,but the tax rate is also very high.It can be considered that because of corporate income tax,the enterprise bears Very large tax pressures have had a negative impact on the effectiveness of tax savings and the improvement of profits.In addition,the company did not pay enough attention to tax planning.The company lacked resources in this area,and did not have an in-depth understanding of the preferential policies of the tax law.It simply calculated the accounting level and did not adequately plan taxation and production.The combination of these has led to a serious lack of tax planning.Therefore,the analysis and research on corporate income tax planning is a very important task,which not only can reduce the tax burden of enterprises,improve profits,but also improve the financial management capabilities of enterprises,and ultimately promote the long-term stable development of enterprises.At the same time,it also pointed out the direction for the improvement of tax-related laws to ensure that China’s economy can be better developed.This study takes corporate income tax as the basis,and takes H company as the research object.Based on the specific situation of the company’s development in recent years,combined with changes in the domestic market and tax policy,the company has continued to improve the planning scheme used previously to ensure the company.You can better achieve your planning goals and get more tax revenue.Firstly,the basic situation,financial situation and corporate income tax payment of H company were introduced.Then,according to the relevant data,the company’s income and expense management are currently in the specific situation and the enjoyment of tax incentives.Through comparative analysis,we can know that The tax planning scheme used by H Company can not meet the actual needs of the company’s development.It explains why it is necessary to plan for the company’s corporate income tax.At the same time,it summarizes the problems faced by H Company in the income tax planning,and summarizes the ideas adopted for planning income tax..Secondly,based on the planning plan previously used by the company,we will formulate adjustment plans and planning measures that are more in line with the actual situation.It summarizes a series of risks that the company may encounter,and analyzes the impact of various risks on the planning plan and how to deal with it.Finally,in order to effectively evade the planning risks,and ensure that tax planning measures can be effectively implemented,it is proposed what issues should be focused on in the tax planning process by H company.Plan H company’s income tax in advance,reduce costs while reducing costs,not only can reduce the tax that needs to be paid,but also increase profits,which has a very significant impact on H’s economic benefits.