Analysis On Tax Planning Of JTL Construction Company Based On Game Theory

With the gradual development of the market economy,China begins to participate in the global economic operation.At the same time,“Tax Planning” has been widely recognized by people from many areas,and has become an important way to reduce the tax burden of enterprises and maximize the value of enterprises.Tax planning is an important part of the enterprise's financial management,however,the result of it is uncertain.That is to say,even though tax planning could bring benefit for the enterprise,at the same time it could also bring about considerable risk because there are many uncertain factors.If we ignore these risks and blindly carry out tax planning,the results of tax planning are often counter productive.It cannot reduce the tax burden,but sometimes lead to tax evasion and other illegal acts regarded by tax authorities,which will not only cause the enterprise manpower and material resources and waste of time,but also damage the enterprise tax credit,thus affect the long-term development.If tax planning is feasible under the premise,more attention should be paid to the construction industry.On May 1,2016,with the implementation of "the Change from Business Tax to Value-Added Tax",the tax of many construction industry doesn't decrease but increases,which brings great tax planning space for construction industry.However,before carrying out tax planning,enterprises should consider not only their own circumstances,but also their relationships with other enterprises and tax authorities.These relationships affect whether enterprises choose the tax planning strategy to maximize their profits.In order to solve this problem,this paper makes a tax planning analysis on JTL construction company based on game theory,and provides a reasonable suggestion.This article uses comparative research methods,case-study methods,field investigation methods,and a combination of theory and case studies,in the case of the construction industry after the "the Change from Business Tax to Value-Added Tax",based on the game theory,research on tax planning of enterprises,and combined with the actual data of JTL construction company to conduct a comprehensive analysis.The innovation of this article is based on the game theory,and the basic point of tax planning is analyzed with the financial activities.In the content of the article,first of all,it expounds the background and significance of using the method of citing game theory to study the strategy of choosing tax planning in the management of tax revenue,the article introduces the two aspects of tax planning and the application of game theory in tax planning,it also summarizes the research framework and innovation point of this paper.Secondly,tax planning is introduced from the meaning,characteristics,main forms and game theory of tax planning,let the readers have a basic understanding of tax planning,especially the introduction of game theory,paving the way for the analysis of the article based on the game theory.Again,the article introduces the situation of the company.It includes the company profile,the company's financial situation and the company's tax related situation.It also analyzes,the current situation and existing problems of tax planning in the company,and make a good paving for the analysis of tax planning for the following cases.After that,the article starts with the angle of financial management.It includes four aspects: financing,investment,production,operation,and profit distribution(equity transfer),careful study of tax planning.Finally,the corresponding improvement measures are put forward to solve the problems in the enterprise tax planning,and the paper looks ahead to the future of the company.Through the study,the article draws the following conclusions: JTL construction companies need to choose their own solutions based on their own needs.It is not to say that in all the schemes,the scheme of less tax is the best in all the schemes,that the company should learn to choose.In tax planning,companies cannot rely too much on the preferential policies of the country.Companies should make full use of the space of tax planning and formulate a reasonable and correct tax planning scheme.Tax planning should also take full account of its own industry characteristics,actively understand the tax policy of the country.Finally,the leadership of the companies should strengthen the consciousness of tax planning,and deepen the concept of tax planning for the employees of the companies,make every department activelyparticipate in the tax planning work of the company.