Research On Tax Planning Of Fixed Assets

The market economy is competitive economy. In order to occupy a space in this economic society and to realize maximization of economic benefits, finally become a winner in the keen competition, the economic subject must take various kinds of measures. No matter how reasonable the tax system has been designed and how fair the final tax burdens are, in one word, the tax is a burden to all taxpayers; it affects the realization of the goal of taxpayer's economic maximization. In the face of tax, the best measure that the taxpayer may take is tax planning. With the gradual establishment of our socialist market economy and the constant perfection and development of the tax structure, the tax planning is cutting a figure and playing more and more vital role in the Chinese economy.This article centers on the pursuit of maximization of after tax income. Grounded on such as effective tax planning theories and so on, Combined with the actual situation of our country, from taxpayer's standpoint, it makes researches on tax planning of fixed assets from two aspects both the theory and the practice. The author argues the tax planning of fixed assets should subject to and serve the enterprise strategy. In the course of tax planning, we not only should take the tax factor into account but also non-tax factors. The objective of tax planning of fixed assets is neither the"lightest"of the tax burdens nor the minimization of tax payment, but the maximization of after tax income. For this purpose, the author designed a new thought frame for the tax planning of fixed assets in order to guide the tax planning in practice. The whole article is composed of four chapters. Chapter one is introduction. Chapter two firstly reviewed the different domestic and foreign concepts regarding tax planning and redefined the concept of tax planning, then elaborated theoretical basis of tax planning of fixed assets. Chapter three elaborated in details both motives and safeguard about system and technology of tax planning of fixed assets. Aimed at the maximization of after tax income. Chapter four began with some problems existing in current tax planning of fixed assets and constructed a new thought frame of tax planning of fixed assets according to the effective tax planning theories, then guided by the above thought frame, this paper studied the practice regarding tax planning of fixed assets from several sectors such as the obtainment, depreciation, continuous payout, operation and disposition of fixed assets to the comprehensive case.