Research On Tax Burden And Reasonable Tax Planning Of Electricity Power Industry

Tax burden problem has always been one of the most acute and sensitive problems, whether it reasonable or not is not only relates to how much money the government can finance, but also impacts on the survival and development of enterprises, directly refers to the economic development and social stability. Power industry is not only closely linked to national economic development, but also one of the main revenue sources of the Government. Therefore, it is extremely important to determine a reasonable tax burden which is good for both the development of power industry and government revenue.Unlike recent researches on taxation burden both domestic and abroad, most were done from macroscopic perspective, this paper is the overall longitudinal and transverse comparison analysis, researching on tax burden level of electric power industry in recent years from the microscopic view, focusing on the main categories of taxes in electric power industry-value-added tax and corporate income tax, based on a great deal of accurate and reliable data on the tax burden of electric power industry. It is objective analysis and evaluation on tax burden level of electricity power industry. Meanwhile, this paper analyzes problems and causes existed in tax burden for hydro power, thermal power, wind power enterprises and power grid enterprises. Finally, according to problems in former analysis, combined with the background of taxation reform and the characteristics of product and operation of power industry itself, propose policy recommendations and ideas to rationalize tax burden of power industry from construction of the tax system and tax incentives, play the role of taxation control economic regulation, promote the upgrading of industrial structure.Therefore, the analysis of level and structure of the industry taxation burden and proposal on policy recommendations and ideas to rationalize tax burden of power industry play important roles.