Research On Tax Planning Of Enterprise Income Tax Of M Company

Enterprises are the blood of the market economy and the source of national tax revenue.With the background of global integration and the rapid development of market economy,the development of enterprises is facing increasingly fierce competition.If companies want to achieve better development,they need to find a management model suitable for their development and maximize their own interests.Profit is affected by both revenue and cost.Tax,as an important part of cost,also affects the profit level of enterprises.Based on the enterprise income tax law and the preferential tax policies for high-tech enterprises,this paper takes the enterprise income tax of M company as the research subject,readjust and improve the tax planning on the basis of the original plan according to the economic development and policy changes in recent years.Through literature data research method,field research method and case analysis,this paper makes a comprehensive analysis of M company.This paper holds that M company is a small and medium-sized technology enterprise with advanced product technology and first-mover advantage.Its business keeps stable development and its market prospect is relatively broad.However,the current tax burden of M company is relatively high,and its awareness of tax paying is superficial.Thus,there is a certain amount of tax planning space in the following aspects: the organizational form of the company’s branches,the recognition of income,the depreciation method and the fixed assets,the investment of research and development expenses,business entertainment expenses,employee compensation expenses,etc.Based on the existing tax planning space of M company,legal and reasonable planning scheme is formulated,and on this basis,safeguard measures and possible risks are put forward.In a word,through the study of corporate income tax planning of M company,it plays an important role in maximizing the interests of M company.