Research On Corporate Income Tax Planning Of DY Metal Technology Company

Every taxpayer,whether a business or an individual,wants to bear the lowest possible tax burden,subject to a certain level of income.Tax planning is a bridge through which enterprises can achieve the purpose of reducing their tax burden.After entering the 21 st century,Chinese enterprises have gradually realised the significance of tax planning and tax planning has become an increasingly common business skill and operational art.This paper takes DY Metal Technology Company as the object of study.In view of the development of the company in recent years,and in conjunction with the changes in China’s market economy and taxation policies,the original plan is readjusted and improved on the basis of the original plan to make it more in line with the company’s planning objectives and to bring about taxation benefits in a timely and efficient manner.Firstly,the basic overview of DY Metal Technology Company,the current financial situation and the current situation of corporate income tax payment are introduced,and then the data is used to understand the current situation of the management of the company’s income and costs and the tax benefits enjoyed.Through comparison,it can be seen that DY Metal Technology’s current tax planning scheme has not kept pace with the company’s development in a timely manner.The reasons for the company’s corporate income tax planning are given,while the problems that exist in DY Metal Technology’s income tax planning are collated and analysed,such as inappropriate selection of methods for settlement of payments,inappropriate planning measures for deductions such as costs and expenses,and insufficient grasp of tax incentives,etc.,and then The company summarised and concluded the ideas of income tax planning.Secondly,on the basis of the company’s original planning scheme,the current situation of DY Metal Technology Company’s enterprise income tax was optimised for tax planning,specifically including the use of non-taxable income and tax-exempt income,and the settlement of payment by instalment.In terms of tax incentives,the company should make use of the high-tech enterprise policy to enjoy tax incentives,make use of the preferential tax credit for the purchase of energy-saving and environmental protection equipment,and make use of the employment of persons with disabilities to enjoy tax incentives.Finally,corresponding safeguards are designed for the risks faced by DY Metal Technology in the process of corporate income tax planning to ensure the smooth implementation of the tax planning scheme.