Research On Tax Planning Of XA Distillery

With the rapid development of China’s economy,the competitions between enterprises become aggravated.It has become an important rule of living that controlling cost,reducing expense and increasing profit.Every year,tax bearing of company is much.It is one of the important ways to make reasonable tax planning.Liquor industry has a long history and is also one of industries with most tax cost.Except payable VAT,corporate income tax and other tax,it also needs to pay higher consumption tax,which causes high tax bearing and severe external development environment for liquor industry.To improve the market competitiveness,high tax bearing has become an urgent issue.It is an immediate problem for many winery industries to reduce tax bearing,decrease tax expenditure and improve maximum profit through reasonable tax planning.This paper takes XA winery as the research object,which is a brewing enterprise with liquor as the leading product.With the continuous development of enterprises and the increasing market competitiveness,the development of XA winery faces enormous challenges.Through in-depth research on the company,this paper conducts detailed investigations on the company profile,financial status,tax-related status,and the company’s sales and the use of fixed assets in the workshop.Tax planning is carried out in five aspects: the tax arrears in the enterprise restructuring,the pre-planning issues of the “Liquor Culture Street” project,the procurement of materials,the processing of products,and the sales of products.Using case analysis method,field research method and comparative analysis method and reasonable planning and suggestions,this paper makes reasonable planning and suggestions for the business existing in each link of the enterprisemanufacturing process,so as to formulate a set of tax applicable to the current situation of the enterprise and help company reduce tax pressure and increase their market competitiveness.