Study On The Tax Planning Of Enterprise Income Tax

Tax Planning plays an important part in the economic activities of enterprise. Tax Planning, a basic right, in favor of realizing the maximum earning after tax, so it is paid general attention by enterprises. In consideration of this; to deeply study the tax planning of Enterprise income tax, to put forward a common methodology of tax planning on all aspects, to partly improve our Enterprise income tax integrity level of tax planning, are the focal points of this article.At the present time, the tax planning theory and practice are in a mature and perfect condition and has got taxpayers'general attention. Nevertheless, our country's tax planning is still at the beginning stage and doesn't get the approval and attention it deserves. The intention and the characteristic of tax planning are the following; essential difference with tax avoidance or tax evasion, an important way to preserve national interest and taxpayer's legitimate interest, and the necessary choice of enterprise production operation beneath the market economy.Enterprise income tax plays a decisive role in the structure of tax system in all other countries, including us. On the fifth meeting of the National People's Congress on March the 16th,2008. The Enterprise Income Tax Law of the PRC was deliberated and passed. It came into effect January 1st,2008.The new Enterprise Income Tax Law has significant reformations on the affirmation of taxpayer status, the stand of deduction items before taxes, and the preferential policy of taxes, which incurred the great change of the foundation of enterprise tax planning.From visual angle of taxpayers, the conception and theoretical basics of tax planning are expounded by the article; it also included the principles and procedures on carrying tax planning. This article studied the tax planning service condition on many aspects, including business finance, investment, production and operation, allocation of profits and assets reorganization though real examples. It also presented some common methods for the tax planning of corporate income tax in some section.As an enterprise, there are many skills of paying taxes in every stage of growing up. It can plan a tax according to fundraising channels and manners in process of financing; it can plan a tax according to investment industry, investment method and investment destination in the process of investment decision; it can plan a tax according to income and expenditure in process of operation; it can plan a tax according to making up losses in the stage of allocation of profits; it can plan a tax according to amalgamation, separation or Liquidation in the process of reorganization.On the foundation of complying with the national tax policy, this article tried its best to help the enterprises to obtain the benefits of tax planning, to realize the aim of maximizing the interest after taxes.