Research On Tax Planning Of Construction Enterprises

Since May 1,2016,the general taxpayer of construction enterprises from the original application of 3% of the business tax to 11% of the value-added tax,the nominal tax rate increased by eight percentage points,the enterprise costs suddenly increased.In order to absorb the tax costs due to changes in policies and regulations,in addition to strengthening management,implementation of conservation,innovation and other measures,the urgent need for tax planning.Tax planning is an important part of corporate financial management.From the point of view of financial cost management,this paper systematically studies the tax planning activities of the general taxpayers in construction enterprises,the risks in the process of implementation and the problems that should be guarded.First,the theory of tax planning is expounded.On this basis,this paper analyzes the financing,investment,operation,profit distribution and special transaction matters,designs a number of specific planning models,compares and evaluates the schemes under different conditions,and puts forward the specific opinions on the establishment of the overall risk management and prevention mechanism.Finally,combined with KD basic engineering company specific tax-related activities,carried out a specific planning program design,can bring great business planning benefits.In terms of financing activities,the financial institutions and non-financial institutions such as loans,bonds,stocks and other financing methods to study the different sources of funds under the conditions of tax revenue and risk factors.In terms of investment activities,the advantages and disadvantages of the two main organizations and subsidiaries are analyzed theoretically,and the risk considerations of policy and capital in fixed assets investment are summarized.In the day-to-day business activities,the taxpayers' identity and the tax policy are analyzed,and the tax burden of the general taxpayer and the small taxpayer is obtained.In the tax planning of labor cost,the cost ofconstruction and outsourcing construction is compared,the planning strategy of the enterprise is obtained,and the risk of cooperation with the labor service company is analyzed.According to the type of VAT invoice that the supplier can provide,the supplier's purchasing cost balance is determined.In the profit distribution activities,the cash dividends,stock dividends and capital reserve capitalization and other profit distribution methods were compared,that enterprises need to plan,it is necessary to take into account the tax situation,but also to consider the demands of stakeholders.In terms of the special transaction items of the construction enterprises,the author tries to study the factors of the proportion of the supply of materials and the proportion of the project cost in the project cost.The optimal selection strategy of the enterprises under different taxation methods is obtained The Through the analysis of EPC project content,it is suggested that the enterprise can reduce the overall tax burden by agreeing on the design,purchase and construction part of the contract.Construction enterprises in the arrangements for tax planning activities,not only for different programs have risk considerations,there should be a general awareness of risk prevention.Based on the analysis of all aspects of tax planning,the paper concludes that the risk management mechanism should be established,the tax planning activities should be correctly understood,the basic accounting work should be standardized,and the whole staff should take part in the risk prevention.Through the establishment of a good relationship between tax and the enterprise,improve the overall quality of planning staff,and create a good internal and external environment for risk prevention.On the basis of the above theoretical analysis,this paper analyzes the specific tax-related business of KD Basic Engineering Co.,Ltd.Involving changes in fixed asset purchase,labor costs outsourcing,replacement of materials buyers and other aspects,so that it received the planning benefits.Through the study of tax planning of construction enterprises,the thesis enriches the theoretical achievements of tax planning.It provides a whole reference for the construction enterprises to carry out planning activities,which has certain reference value to reduce the tax cost,increase the profit of the enterprise,prevent the business risk andimprove the market competitiveness.