Study On Tax Planning Of Group Corporation

Market-oriented economy system is in building and gradually perfected in China. Market-oriented economy is a legal system economy. As market entities, corporations exist and develop in the legal environment. Corporations are legal persons who are running independently, assuming sole responsibilities for profits or losses and accounting alone. Corporations'final goal is to realize maximal profit. Based on national laws and regulations, in the allowance of taxation laws, corporations must go all out to decrease their tax expenses and obtain greatest income, using favorable tax policies or choice chance through tax planning. Therefore, tax planning becomes an easy financial behavior.As a legal behavior, tax planning has made active roles to the healthy, persistent and steady developing of national economy. Although tax planning will decrease national financial income and reduce tax income in a period, but in the long time, it is very important to strengthen corporations'management, decrease their cost, increase their income and profit step by step. Thereby, lets the nation's tax income increase and drives national financial income achieve benign rise. Group corporations have wide investment scope, accumulation capitals and high return of working capital which create the space of tax planning. At the same time, group corporations'complex business and diversified nature lead to diversified taxes. Therefore, the dissertation chooses group corporations which are systematic and representative as research objects in order to analyze the methods and thoughts of tax planning. Doubtlessly this study has immediate significance for other corporations to make tax planning.The dissertation expounds the purpose, meaning, correlative basic theory of tax planning and tax planning's definitions, characteristics and expatiates tax planning's development at home and abroad. In succession, it introduces methods of tax planning and provides the basic thoughts of how to make tax planning for group corporations. At last, the dissertation takes CNPC for example to study its tax planning strategies, then brings forward policy planning strategies which are suitable for CNPC and some other planning strategies for its members to design planning projects according to the daily business of CNPC, for the sake of increasing its achievements.