The Import And Export Taxation And Planning Of Enterprises

As to the enterprises involved in the international trade, it is of vital importance for them to get familiar with the tax policies in the field of import and export and implement the tax planning correspondingly. As a result, the operating cost could be reduced and the turnover of capital flow and logistics could be speed up as well.The tax planning mentioned in this report include the planning of import and export tariff, the value added tax, consumption tax, and the export VAT refund. The report put emphasis on the import tariff and the export VAT refund that are most important. The customs price valuation, commodity classification, the policies on the tax exemption, and other methods of reducing the tax are discussed. Additionally, the relationship between the import tax burden and the domestic income tax is analyzed quantitively. Furthermore, the influence of the way that the goods are procured, the trading method, and the export commodities classification towards the export VAT refund are analyzed. Some suggestions are given to the people who are obliged to pay the import and export tax.It should be noticed that the tax planning in this report can only be utilized in specific time, firm and trading method. The firms involved in the international trade should continuously innovate and enhance the tax planning skills with the development of the political and economic environment.