| Under the background of China’s economic development into the new normal, the microfinance company which fits the regularization of the folk loan demand. The problems such as serious hysteresis of rural financial system and few financing channel of small and medium-sized enterprise are solved to a certain extent by the development of microfinance company under the government and social’s guidance. As a new generation of financial mode, there are still some restricting factors in the development of small loan companies:the uncertain nature of the agency, the immature regulatory system, the heavy tax burden and big credit risk.Using preferential tax policy can help enterprises cut down the tax cost in reasonable and lawful range, maximize profits, improve the comprehensive competitiveness, which is favorable for the sustainable development of small loan companies. The nature of the small loan companies and heavy tax burden determine the necessity of risk prevention.The industry generality of small loan companies is discussed and their industry characteristics and problems are summarized based on the development history of small loan companies. M company is taken as an example to analyze the big tax burden of small loan companies. The financial status and risks of M company and constitutes and problems of tax are systematically analyzed based on M company’s 2014 financial data to find problems of high tax rate, multi tax, bad debts and potential risks. A series of policy recommendations conducive to the development of industry are put forward based on tax planning according to the national tax policies.In this paper, the methods of literature review, case analysis, comparative research, the combination of quantitative and qualitative analysis are combined to analyze tax planning of small loan companies from four aspects:the first chapter, the problems of small loan companies in the development process, research significance and research method, literature review of tax planning at home and abroad, and the innovation of this article are analyzed with China’s national conditions and the current state of micro-credit company’s policy; The second chapter, the industry development history and present situation of small loan companies is summarized. Tax environment of the industry is presented. The financial and tax situation of M company and the necessity of risk prevention are analyzed; The third chapter, the tax risks are identified through Risk Tree method and financial statement analysis. And the influence of’replace the business tax with a value-added tax’on the tax risks of M company is discussed. The fourth chapter, risk prevention for different tax is conducted based on the characteristics of small loan company’s tax policy to reduce the tax burden of M company; The fifth chapter, the problems of M company and microfinance industry are summarized, and the corresponding suggestions are put forward, which is conducive to the specification and development of industry. |
