Research The Problem Of Tax Planning About Textile Enterprise's Financing

Financing, a major work of financial management is the precondition of textile enterprise's operation. The object of finance management is cash flow, while tax disburse is just cash outflow. Hence, financing must have relation to tax should be considered when textile companies make financial decisions.Taxation has the characteristic of compelling, free and fixity. On the basis of abidance of tax laws, textile enterprises making tax planning on financing will help to make correct financing decision and financial management, so as to realize the financial aim of owners'profit after tax maximum at the same time of tax-saving.This thesis introduces a series of financing-modes and corresponding tax planning practice, which unveils that tax disburse must be considered when the textile enterprises make financial decisions. Then, this thesis demonstrates that most Listed Companies didn't consider tax planning when they raise funds, which can be shown by the phenomena that strong inclination to financing by stock and low debt on assets, and suggests that Listed Companies should improve their financing. Furthermore, because the tax planning on financing has much risk, textile enterprises should take active action to keep away risk.