Tax Preparation Of Real Estate Development Company ABC

The real estate industry has developed into a pillar industry of our country. Huge profit era of the industry has gone, and if a company wants to survive and grow in the fierce market competition of the industry, it needs to combine industry situation with its own management status quo, developing new management mode to seek greater market share and better space for development. With the continuous improvement of the market economy and the rapid development of the real estate industry, the tax laws and regulations relevant to the real estate industry are also changing and improving. From development to sales of real estate, the total amount of taxes accounts for a high percentage of the total amount of investment, and the proportion of taxes can directly affect the comprehensive cost of the real estate enterprise. In addition, compared with traditional industries, it has a higher tax burden. Therefore, when making project development and operation strategies, a real estate company should comprehensively take the tax cost into account. For the whole real estate industry in China, costs of turnover tax, land value increment tax and enterprise income tax make up for 40% of the total profits, so it’s quite significant for real estate enterprises to do tax planning, strengthen internal management and reduce tax cost.This paper analyzes the tax planning of real estate enterprises by combining theory and practice. Based on the fact of high tax burden and necessity of tax planning of these enterprises, it describes the theoretical tax planning point of relevant taxes during different development stages of the enterprises. By studying the case of ABC Real Estate Corporation’s tax planning, it points out the tax planning scheme’s shortages of the corporation’s cleared projects and possible economic losses. In addition, it analyses the tax planning scheme of projects in construction to compare the economic efficiency with or without tax planning. Through case analysis, it states the economic efficiency of real estate companies after tax planning and thus lower tax burden. By combining the features of the real estate industry, it studies the requirements of the industry’s tax laws and explores new methods of the industry’s tax planning to provide new ideas of tax planning and summarizing tax planning experience.