Tax Planning Research Of DS Business Group

Tax planning is different from tax evasion. It is a kind of management activity and it can save tax cost as much as possible and maximize enterprise profits overall in the way of arranging tax-related matters reasonably and legally in advance.It was generated in western countries in the early 1920 s and rose in our country in the 1990 s.After more than 20-year of development, there are more and more enterprises realizing the importance of tax planning and starting tax consulting and planning activities with professional tax officials. The development of tax planning is very rapid.Retail industry is the link of production and consumption, plays the role of promoting economic growth and meeting the demand of people’s life.However in recent years the development of retailing encounters bottleneck which includes intense competition, difficult expansion, low profit margin and high tax bearing rate. It is urgent for us to explore a road of retailing development and reduce the tax burden.DS business group--the leading enterprise of chain retail industryhas more than 280 stores in all parts of the country, more than 23000 employees and its salesreaches 170 billion yuan in 2013.DS business group is a chain enterprise, its feature of large scale, wide distribution, unified operation and management facilitates tax planning.Nevertheless, low overall profit margin, various tax categories and heavy tax burden is the weakness of DS business group which has in common in retailing industry. In order to ensure its pole position in retailing, enhance competitiveness, it is necessary to carry out the tax planning for DS business group.This paper puts forward a set of tax planning scheme for DS business group on the basic of practicability in case analysis method.This paper studies the operation and tax condition of DS business group carefully to discover the existing space of tax planning firstly,then it discussesa specific tax planning schemefrom the field of management and finance. At last the paper analyzes the planning risk and puts forward targeted countermeasures. The tax planning in the aspect of operation is relation to purchasing link, distribution link and sales link and the aspect of finance is relation to investment link, financing link anddistribution link.As DS business group belongs to the retail business and has many branches and large scale, this paper mainly prepare for purchasing income, the method of purchasing payment, logistics, promotions,mergers and acquisitions, profit distribution and other items related to planning.The tax planning involves added-value tax, consumption tax, business tax, urban maintenance and construction tax, enterprise income tax, individual income tax and other taxes.DS business group will achieve the aim of reducing tax burden effectively, cutting down capital outflow and improving profit margin through tax planning.