Tax Planning Analysis For The High-tech Enterprise In VAT Reform

Tax planning is also known as a reasonable tax avoidance, which is defined as apreconceived planning and arrangement for financing, investment, operation, and profitdistribution in the premise of not violating laws and regulations. It can help achieve themaximization of enterprise profit and shareholders’ wealth by deferring tax payment andreducing tax burden. After the VAT reform, the implementation of tax planning for thehigh-tech enterprise does not only benefit for the development of the high-tech enterprise,but also for the country generally understanding the trend of business, and also forimproving the tax system of China.By studying the domestic and international researches, this paper proposes the necessity andfeasibility of tax planning via using the relative theory of tax planning at the basis ofanalyzing the tax policy in the VAT reform area, in combination with the case study of thebusiness of Guang Zhou YL technology Company. And it also puts forward a series of taxplanning scheme design according to the taxes related with this company, analyzes the risksand countermeasure of tax planning, in order to minimize the tax burden, realize themaximization of enterprise value, and also to provide reference for the tax planningimplementation in the high-tech companies after the VAT reform.