A Study On Corporate Income Tax Planning Of L Company

Paying taxes according to law is a basic obligation for citizens,and it is also the basis for the stability of the country's tax revenue and the protection of the country's normal operations.Under the premise of paying taxes according to law,it is the taxpayer's legal right to plan for the tax paid.The competition among enterprises is becoming more and more intensified,and companies are paying more and more attention to the management and control of costs.It is very necessary for companies to pay taxes as an important part of their costs.In China,corporate income tax is one of the major taxes of the enterprise.The corporate income tax burden has a significant impact on the enterprise.Complicated calculation and wide coverage are two characteristics of the tax.Therefore,it is of great significance to plan corporate income tax.Experts and scholars at home and abroad have studied the tax planning of corporate income tax.Many studies have focused on how to carry out tax planning for corporate income tax.There are also studies on corporate income tax planning risk.Both the theory and the method are relatively perfect,which provides a guarantee for the case study of L company's tax planning.Based on the production and operation of L company in L City,this paper studies the tax planning of enterprise income tax on L company based on its annual report in 2016 and other internal data.In this paper,three methods,literature method,case analysis method and comparative analysis method,are used in the research process.Through the analysis of L company,the author found that although the company was recognized as a high-tech enterprise and enjoyed the country's related preferential tax policies,L company still had some space for planning in the following aspects of corporate income tax planning : The company's organizational form,revenue recognition,investment in idle funds,depreciation methods for fixed assets,investment in research and development costs,and hospitality expenses.Under the premise of complying with national laws and regulations,this article makes full use of existing tax policies under the conditions permitted by the tax law,and designs relevant corporate income tax planning plans,analyzes the risks faced by the scheme,and further proposes some suggestions for ensuring the implementation of tax planning.In short,through the research on the corporate income tax planning of L company,the author hopes to provide some help for the company's tax savings.