The Research On Tax Planning For Zhuzhou Cemented Carbide Works Imp&Exp Company

In China, with the development and improvement of the socialist market economic system as well as the increasingly fierce market competition, enterprises must strengthen their ability to resist extraneous risks by all kinds of approaches and measures to achieve their maximized economic benefit goals. Tax planning, the more and more popular financial management strategy has attracted the companies’attentions and interests, for it not only helps them to fulfill the obligations to pay taxes in accordance with the law but also reduce the tax cost and the funding pressures to enhance their competitiveness. Recently, although the rapid development of zhuzhou cemented carbide industry get blowout, many companies have no clear idea about the national tax policies, relevant laws and regulations because of their short of scientific and reasonable tax preparation in the daily financial management, such as tax evasion, tax evasion, tax evasion and so on, which brings the companies’business activities with huge tax-related risks. This paper takes zhuzhou cemented carbide import and export co., LTD hereinafter referred to as the zhu carbide company for example, firstly illustrates the background of the topic and the significances of research. And then expounds the relevant theoretical basis of tax planning by analyzing the tax situation, finding out the problems in their financial management fields such as the staffs’ unconsciousness in the tax law, lack of standardized financial management, unreasonable business practices, and the incompliance of related party transactions, tries to get the tax planning into shape, launches the tax planning by starting in the fields of income tax, zengzhishui, and stamp tax. With the purposes of enhancing the companies’tax risk awareness, improving the financial management procedures, optimizing the business cooperation method, and reforming the tax administration departments and previous tax work to let the companies make full use of the preferential tax policy and tax provisions that good for the actual production and operation, so as to ease the pressures of funds, improve corporate management, obtain the maximum economic value and strengthen the comprehensive competitiveness of the companies.