NJD Company's Tax Predicament,Causes And Countermeasures

Faced with the increasingly severe economic situation,in order to further optimize the allocation of market resources,as well as to improve the tax system structure under the current market economy,mobilize enterprises' enthusiasm,at the same time force enterprises to transform,so as to achieve the goal of optimizing the national market economic structure.In May 2016,China implemented a "business-to-business increase" policy throughout the industry.The purpose of abolishing business tax and levying value-added tax is to avoid the phenomenon that taxpayers are "double" or "multiple" in levying tax.Because of the construction characteristics of oil and gas drilling industry itself,it is difficult to obtain input tax deduction vouchers,resulting in the actual deductible tax amount not falling but increasing,not only not enjoying the benefits of tax reform,but also increasing the tax burden of enterprises.It is worth discussing how to scientifically carry out tax planning for oil and gas drilling industry,so that companies in this industry can effectively enjoy the preferential policies of the state,and achieve the goal of reducing the burden for enterprises and improving their competitiveness at the same time.After introducing tax planning and the analysis and elaboration of the relevant theoretical basis of business tax,value-added tax and enterprise practice,this paper makes an in-depth analysis of the tax dilemma faced by NJD Company,a case company in this paper,after the business transformation and increase,and combines the characteristics of the oil and gas drilling industry in which the company is located,analyses the causes of the dilemma and proposes solutions to the dilemma.The plan.Finally,the company carries on the tax planning plan design,aiming at solving the actual tax problem,and expects that this paper can provide reference for the tax planning of oil and gas drilling industry enterprises.In view of the difficulties and dilemmas encountered by the oil and gas drilling industry in the process of implementing the "business-to-increase" policy,this paper puts forward constructive tax planning proposals that can solve practical problems in light of the inherent characteristics of the industry and relevant laws,policies and regulations.