A Study On Tax Planning Of Z Oil Field Company

Oil is one of the most important strategic energy sources in the process of industrialization.Therefore,the oil industry,which is the main product and raw material,plays an indispensable role in the development of China's national economy.In order to protect the national energy security,the oil industry has always been one of China's key control industries.In recent years,on the one hand,China's oil enterprises have implemented the development strategy with "going out" as the core as the country's opening to the outside world.China's petroleum enterprises are facing unprecedented international competition pressure;On the other hand,with the increasing dependence of China's oil on foreign countries,the price of crude oil has been dropping,and the exploration of the old exploration areas is difficult and costly,and most of the oil enterprises in China are losing money.China's petroleum enterprises have accelerated the pace of reducing efficiency,promoting structural optimization and restructuring,and paying more attention to the balance of costs and benefits.As an important part of the costs of oil companies,In the meantime,the government should pay more attention to the tax expenses of the enterprises,and tax planning is a necessary means to reduce the tax expenses of the enterprises.As the second largest oil and gas field under Sinopec,the Z oilfield has typical characteristics of oil and gas enterprises in terms of regional span,number of workers,total assets,crude oil and weather production.This article chose Z oilfield as the research object,through studying a lot of related research of tax planning,and visited the relevant personnel of Z oilfield company,starting with the basic theories of the concept and method of tax planning.Combined with the operating situation of Z oilfield company and the current tax payment status,The company's profits continued to be low,costs remain high and there are loopholes in the tax payment work.Then the field visit and related analysis found that there were problems in the tax planning of Z oilfield,and tax planning for Z oilfield company was carried out by separate taxes.Propose specific proposals for tax planning for Z oilfield value-added tax,enterprise income tax,resource tax and individual income tax.Finally,according to the present situation of the tax planning management in Z oilfield,the problems that may arise in the tax planning process are analyzed,and some corresponding measures are proposed.Explain the feasibility of Z oilfield company's tax planning.It has a positive impact on the future tax planning of Z oilfield company,It is beneficial to realize the stage goal of reducing the efficiency and reducing the deficit and turning the profit as soon as possible in Z oilfield.