The Research On Tax Planning Of YZ Group Corporation

Tax planning is the symbol of enterprises continuing to mature and develop rationally, and it is the symptom of a corporate increasing awareness of tax and safeguarding their rights. Either from maintaining corporate growth, development interests, or from the perspective of the tax laws and regulations becoming more complete, it has become an inevitable trend that tax planning makes corporate tax acts become more legal and optimized. Meanwhile, tax planning will be carried out under a lot of constraints of uncertainties and rules. As a result, using reasonable economic means to control risk, and establishing evaluation system of tax planning through risk management is important.This paper studies the theoretical basis of tax planning in mind, from the actual operation analysis of the introduced enterprise-YZ Group Ltd., and corporate tax perspective, it focuses on analysis of the group companies’tax planning programs and measures required in operation, when the Group companies faces tax planning issues including the new project financing, cross investment, daily operations and mergers and acquisitions of similar companies face. Meanwhile, this paper analyzes the necessity and feasibility of tax planning, and systematically inducts the research results of domestic and international tax planning using inductive analysis. Based on the analysis conclusion, this paper points out the characteristically suitable tax policies, and planning methods for the enterprise development, and applies the theoretical results to the actual operation. By using of comparative analysis method, combined with the YZ Group’s major operating activities and industry model, this paper comparatively analyzes the tax environment which other enterprises and industry face, explores the feasibility and advantages of tax planning, and tries to find out practical significance, workable tax planning programs with purposes, which makes tax planning purposes and functions clearer.As an asset of billions of state-owned enterprises, YZ Group Co., Ltd. is involved in complex tax payers, a number of businesses, large cash flow, and high amount of tax. It is quite significant for YZ Group Co., Ltd. to make decisions and maximize value through arranging finance, investment, and business activities scientifically and rationally, developing the group tax planning programs based on their own characteristics, and reducing their overall tax burden. The meaning of this study lies in helping the target enterprises using tax planning, so that these enterprises could have more room in many aspects like flexible and efficient operations, strategic choice, mergers and acquisitions, etc., and take the incomparable group advantages of the independent business in the changing market environment.