Research Of Tax Planning Based On Enterprise Financial Strategy

In face of the vehement market competition, enterprise strategic management is applied more and more extensively. Being the core constituent part of enterprise strategy theories, financial strategy has the objectivity and urgency of development. Survey of the enterprise's management environment and financial environment from strategical angle, has very important meaning for the enterprise to reasonable arrange its limited finance resources and obtain competitive advantage. Meanwhile, tax planning is the behavior embodiment of mature market subject in the mature market economy, is a part of taxpayers'rational strategy. The maturity degree of tax planning could reflect market economy maturity degree of a nation, could reflect civil ratepaying consciousness and tax levy & management level of tax department. Along with tax reform continuously deep developing, perfect tax system makes the enterprise be in the market competition environment which is roundly restricted by taxation.Therefore, ratepaying according to law, dynamic using taxation lever, combining each link of financial strategy with abating tax and seeking the maximal economy benefits, becomes a basic point of departure of financial strategy. And then, tax planning naturally becomes an importance branch of enterprise financial strategy. Because the contents of tax planning are various, the tax planning realm is very extensive, and concrete tax planning methods are too numerous to enumerate, so this paper combines theoretical analysis foundation with realization support of tax planning just from the perspective of enterprise financial strategy, principally researches concrete methods of tax planning in the most main aspects of financial strategy (financing strategy, capital operation strategy, profit distribution strategy):In financing strategy, the enterprise should analyze and review capital market and each financing method according to the enterprise's self-conditions, select the financing method which is advantageous to the enterprise, select reasonable capital structure and make tax planning, in this way the enterprise could reduce tax cost, tax burden and improve financing benefit; In investment strategy, the enterprise could reduce investment cost and make its branch or itself enjoy preferential tax rate through planning and preparing investment sites, organization form and investment mode, and finally realize to reduce tax burden; In cost management strategy, the enterprise could attain the best cost value, reduce tax burden and acquire the biggest economy benefits through adjusting and combining each cost content; In profit distribution strategy, in the condition of being within tax law, the enterprise could make tax planning through full disbursal of the expenses,reasonable dispersion of the income,postponing beginning accrual year, extending application management period and making up the loss ahead of the tax interest. Reasonable dividend distribution policy could help the enterprise reduce tax burden and realize financial strategy target of maximization of share holder-wealthy.In conclusion, tax planning has already become necessary component part of enterprise financial strategy, it is an important means to realize financial strategy target. In order to reduce tax burden and realize maximization of share holder-wealthy, the enterprise that is as taxpayer should envisage the inevitable product of the market economy, erect the ratepaying consciousness, and design reasonable taxation plan. Tax planning based on enterprise financial strategy is primary discussed in this paper, as for how to carry on tax planning according to enterprise's self conditions, the enterprise has to research and discuss in financial strategy activities.