H Petroleum Engineering Company Tax Planning Research

The industrial revolution broke the restrictions on time and space in the economy and trade,and made the countries in the world more closely connected.The modern enterprise system was established and the era of "global economy" came.How to gain advantages in the fierce competition in the enterprise,companies need to start from the two aspects of occupying the market and restraining costs,establish and improve an orderly cost constraint mechanism.Taxation is a core component of the company's operating costs,and it is particularly important to plan for it in a targeted manner.Tax planning is under the provisions of the tax law policy,taxpayers through the prior planning of economic business,make full use of the existing preferential tax policies,reasonable and effective reductio n of corporate tax burden.In order to avoid paying taxes that should not be paid,to obtain greater profit margins,to meet the company's most fundamental development objectives profitability and enhance the competitiveness of enterprises.Only if we have a deep understanding of the tax law and have a clear plan for the management of the enterprise,can we maximize the role of tax planning.Based on the actual situation of oil companies,this paper combines the methods of theoretical research and case stud ies.Firstly,it explains the meaning and principles of tax planning,and links with current specific development conditions,which proves that it is necessary for China's oil companies to carry out tax planning.Through the analysis of the basic situation of H Petroleum Engineering Company,the basic objectives of tax planning are determined,and corresponding tax planning schemes are proposed;through the vertical comparison between the company's own tax planning and the horizontal comparison between oil companies,it is proved that tax planning is The significance of the H oil company,and finally give a reasonable proposal for the specific circumstances of the H oil company.