Study on Tax Planning of business Income tax
Abstract
With the development of the market economy,and laws and regulations, management and ratepaying according to law have become consensus.How to save tax as much as possible within the context of tax law,through business,investment, financial activities and arrangements in advance planning,to obtain tax benefits, reduce the tax burden to the smallest,and to enable enterprises to gain most from the overall has gradually been recognized and emphasized by the majority of our business.As an important part of the China's enterprise income tax system,Corporate Income Tax accounts for a large proportion of the tax paid by the enterprises,which is the most widely used area of the implementation of tax planning.Therefore,it is essential to plan with the corporate income tax.Based on the research on enterprise income tax planning,this study describes the important role of corporate income tax planning in corporate finance and national tax planning and the intent of national tax law to give full play to the role of tax leverage to increase the national income,and highlights the basic planning and specific strategies of corporate income tax planning.After summarizing the positive impact of corporate income tax, the study points out the issues that enterprises should pay attention to in the tax planning process.
Key words : Corporate Income Tax ;Tax Planning ; Taxpayer