The Research On Tax Planning For Corporation Income Tax Law Of PRC

Corporations pay more and more attention to its cost on tax in order to get more tax cuts. So Tax planning becomes very important to corporations now. Income tax is an important part of state revenue in our country. Among the income tax, corporation income tax is of great influence in the development of corporations. It provides many tax planning opportunities for corporations."Corporation income tax of PRC" has begun to be implemented in the January 1st, 2008. So it is necessary to modify the methods of tax planning according to the new corporation income tax law in time. This article will analyze the new corporation income tax planning under the new situation mentioned above.Meanwhile, because of the advance principle and economic principle of the corporation income tax planning, the option for project will be the key issues to success of tax planning. It is not so easy to choose the best one from so many projects. This article will analyze the process to choose the best project for the corporation by using analytic hierarchy process as well.