Research On The Tax Planning Of Automobile Manufacturers

Automotive industry is a pillar industry of the national economy, and it plays animportant role in promoting economic development, increasing employment and boostingdomestic demand. Now fierce competition between automobile manufacturing enterprises, inorder to optimize the industrial structure of automobile manufacturing enterprises, the statehas enacted many preferential tax policies that are conducive to the development ofautomobile manufacturers, those tax policies provides tax planning space for automobilemanufacturers. The effective and legitimate tax planning is not only for automobilemanufacturers, it also contributes to optimization of the structure of the sector.This paper makes the automobile manufacturers as the research subject, and its taxplanning as the object of study, Based on comparative analysis method and theory combiningwith case method, and according to the characteristics of the automobile manufacturers, thethesis selects the tax planning strategic of the automobile manufacturers in financing activities,investment activities and production activities, in-depth analysis of the specific tax planningmethods, and it’s verified by typical cases. Firstly, this paper describes automobilemanufacturers’ tax planning theory, and considering the present situation of China’sautomobile manufacturers, the author analyzes automobile industry’s tax and tax burden.Secondly, based on the SWOT analysis of automobile manufacturers’ tax planningenvironment, the strategies of tax planning of automobile manufacturers are found. Thirdly,put forward corresponding methods of tax planning for financing activities, investmentactivities and production activities of automobile manufacturers, including debt financing andequity financing in financing activities, choosing the form of organization and investmentchoice of the enterprise income tax planning, the disposal of equipment fixed assets, thehigh-tech research and development expenditure in the investment activities, and sales, cost ofadvertising, the application of the new technology, the depreciation of fixed assets and thesubsequent expenditure in production activities of automobile manufacturers. Fourthly,analysis the tax planning risk of automobile manufacturers and puts forward the appropriatemeasures. Finally, examples are given to validate the effect of tax planning.