Research On Tax Planning Of Small-and-medium Enterprises Based On The Life Cycle Theory

Since the reform of VAT in China,the reform of fiscal and taxation system in China has been speeding up.Therefore,tax planning is becoming an important choice for taxpayers.In order to adapt to the great challenges of the new policy,enterprises need to make effective tax planning to continue to move forward and develop in the wave of reform.Small and medium-sized enterprises in China have a large number and short life span.Only by accurately grasping their life cycle and formulating feasible and scientific tax planning schemes can help small and medium-sized enterprises to keep moving forward and avoid the occurrence of recession and bankruptcy.Based on the definition of small and medium-sized enterprises,life cycle and tax planning,this thesis selects the status of small and medium-sized enterprises.The research samples are divided into four life cycle phases of growth,maturity and decline,and they are used as the explanation variables to further analyze how small and medium-sized enterprises can operate in tax planning,and how to balance the tax planning and non-tax cost.The results show that the small and medium-sized enterprises are more inclined to adopt active tax planning behaviors in the period of intial and growth and recession,while the small and medium-sized enterprises are more inclined to adopt more conservative and prudent tax planning behaviors in the maturation period.On the basis of the above analysis,this thesis takes W company as an example.From the point of view of the life cycle of the enterprise,the tax planning method which can be referred to the enterprise is put forward by the description of the tax risk in the life cycle.The tax planning and analysis of the tax issues of the company are analyzed in stages,and detailed examples are provided.It is helpful to small and medium-sized enterprises.