Research On Tax Planning Of ZM Company

With the development and changes of social economy,the gradual improvement of market economic system and the increase of enterprises producing and operating similar products,the market competition becomes more and more fierce.In order to achieve better and faster development and maintain certain advantages in market competition,enterprises must strictly plan financial management,reduce their costs and improve their profits.At the first session of the 13 th National People's Congress,premier Li Ke Qiang,summarizing the achievements of the past five years in the government work report,proposed that China take the lead in reducing taxes and fees by a large margin,and replace the business tax with a value-added tax in a step-by-step manner.At the same time,in April 2018,the ministry of finance and the state administration of taxation issued a notice on policies related to the debased VAT rate,stressing that the new round of tax policy reform proposed to reduce the overall tax collection rate of various industries.This is undoubtedly good news for enterprises in fierce competition.This series of measures can not only better promote the development of enterprises,but also provide a good environment for the development of smes.Therefore,reducing the tax burden of enterprises has become one of the main goals of the company's development.Through the research and analysis of the methods adopted by some foreign developed countries in reducing the tax burden,it can be seen that tax planning is the main way adopted by these enterprises and has achieved good results.Therefore,major domestic companies have followed suit and actively introduced professional talents to help companies reduce the tax burden.Therefore,tax planning has become the main means for domestic companies to reduce the tax burden.Tax planning is mainly through the use of various preferential tax policies formulated by the state to help enterprises within the scope of the law to reduce the tax burden.But due to the development of China's tax planning time is shorter,some people know about planning only one-sided,plus the tax planning in our country is,make the enterprise in making related to a lack of certain basis and standard,planning scheme,therefore,this article through the relevant tax planning theory combined with learned ZM corporation in recent years,the financial statements and related financial data statisticsanalysis,in view of ZM corporation in the process of production and business operation each link of research and analyze various types of taxes,and the appropriate reference case to verify against companies involved in the feasibility of tax planning design by the scheme.This paper is divided into five parts: the first part mainly introduces the background and significance of tax planning,and introduces the research methods and ideas;The second part mainly analyzes the recent financial statements and relevant tax data of ZM co.,LTD.,and puts forward the existing problems of ZM co.,LTD.,so as to make preparations for the planning.The third part is the core part,aiming at the tax types involved in each link of production and operation of ZM co.,LTD.,mainly taking value-added tax,consumption tax and enterprise income tax as examples to put forward the planning scheme.The fourth part is the analysis of the planning plan may encounter various risks;The fifth part is the countermeasures to prevent the risk of the planning scheme,and help ZM co.,ltd.to develop some preventive measures and methods.Therefore,this paper not only aims to help ZM co.,ltd.to design the planning plan,but also hopes to help ZM co.,ltd.to improve its market competitiveness and market share of products through the planning plan.