Research On Tax Planning Of Small And Medium-sized Manufacturing Enterprises

Manufacturing industry is the cornerstone of the stable operation of the national economy,and small and medium-sized enterprises can be called the capillaries of the national economy.Both of them play a key role in creating added value,contributing to taxes,solving employment and other aspects.The development of small and medium-sized manufacturing enterprises with the characteristics of both types of enterprises has become an important part of the benign economic and social development of our country.And the development of enterprises is inseparable from the investment of capital.However,the problems such as high investment in manufacturing industry,financing difficulties for small and medium-sized enterprises,and profit limited can’t support the expansion of the enterprise have become the shackes of the development of small and medium-sized manufacturing enterprises.Tax planning can help enterprises to reduce the tax burden,improve the after-tax profits,and provide more funds for the growth of enterprises while complying with the fiscal and tax regulations.But the managers of small and medium-sized manufacturing enterprises lack the understanding of tax planning,and the financial staff is not capable enough.Both limits the tax planning work of enterprises.In order to solve the above problems,In order to solve the above problems,this thesis starts from the perspective of tax generated from production and operation,taking ZG Company,a small and mediumsized manufacturing enterprise,as an example,grasping the internal and external industry environment,tax environment,production and operation of the enterprise and other basic information,comprehensive application of "tax chain" thought and various tax planning methods.The tax situation of ZG Company was analyzed from four aspects of procurement,production,sales and daily management of the enterprise.The author puts forward the tax planning method covering reducing tax risks and improving after-tax income,based on value-added tax and corporate income tax,including house property tax and city and town land use tax.On the basis of the revenue calculation of tax planning,the tax planning behavior of ZG company is evaluated from the prospect theory of behavioral economics.It is concluded that the managers of small and medium-sized manufacturing enterprises are more inclined to implement the planning behavior of income determination,but they are more willing to choose the "gamble" to obtain the possibility of not being discovered when they need to pay more tax to reduce the taxrelated risk.By summarizing the tax planning behavior of ZG company’s business,it is found that: first,the company needs the benefit of tax planning income;second,tax planning activities need to be carried out selectively;third,the manager has a certain preference for tax planning activities.Reasonably expand the tax planning experience of ZG company,sort out the tax planning suggestions covering the various business links of small and medium-sized manufacturing enterprises,such as supplier selection,as well as four suggestions for the implementation of tax planning by financial personnel of enterprises,including correct understanding of tax planning,improving the ability of tax planning,making plans based on the actual situation,and strengthening the interaction between tax enterprises.It provides ideas for small and medium-sized manufacturing enterprises to carry out tax planning.Finally,it is expected that tax planning will become one of the daily financial work of enterprises in the future under the boost of information technology wave..