Study On H Group Tax Planning

Under the increasingly competitive market conditions,enterprises face both huge economic challenges and unprecedented opportunities for development.In order to seize such development opportunities,enterprises must pursue the maximization of their profits and reduce the cost of production and operation.In enterprise operating cost,tax cost is an important part,and effective tax planning provides reasonable space to control tax cost.At the same time,good tax planning plan can also play an active role in preventing tax risk,allocating resources rationally,optimizing business process and improving personnel quality.Therefore,how to reduce the cost and improve the competitiveness through scientific and reasonable tax planning is an important task for enterprises.This paper takes H Group as an example.By using the methods of literature induction,normative analysis and empirical analysis,qualitative analysis and quantitative analysis,and case study,we combine theory and practice,choose ten key links with tax planning space based on VAT and corporate income tax,carry out tax planning analysis one by one,and formulate a tax planning plan suitable for enterprise development.The problems that may exist in the implementation of this scheme are analyzed and the measures to prevent risk are put forward.The above analysis can provide reference for H Group to carry out tax planning,reduce tax burden and improve tax administration,and provide reference for many large corporations like H Group in China.This paper draws the following conclusion through the research.First,from the inside,H Group should strengthen the depth,breadth and importance of tax planning.From the outside,on the one hand,H Group is facing the increasingly fierce competition,and electrical products are being upgraded quickly.These factors put higher demands on H Group’s cost management.On the other hand,the country continues to deepen the tax reform,and constantly puts forward a number of measures to reduce the burden on enterprises.Better tax environment provides a good external environment for tax planning.Therefore,H Group should fully recognize the development situation,and attach great importance to tax planning and improve tax planning.Second,for H Group,VAT and corporate income tax are two main taxes,which account for two thirds of the total tax.So H Group needs to base on these two taxes,sorting out the possible tax planning space in the relevant links.We can start from the key links of supplier type selection,main and auxiliary separation,sales determination,goods sales method,tax obligation happening time,accounting method selection,cost deduction project,and so on,and make the best tax planning plan.At the same time,H Group should perfect it continuously according to actual situation,and realize the maximization of group benefit.Third,in the process of developing a tax planning,H Group must recognize the risks of the tax planning,and establish the wind control system of tax planning,and consciously prevent.H Group must pay attention to the legal compliance of tax planning,not go beyond the limits of laws and regulations.H Group should pay attention to the flexibility and integrity of tax planning,and Analysis of cost cost in advance.H Group also should set up a special tax department to control tax costs.At the same time,H Group should strengthen the communication with tax authorities,learn about the policies and regulations exactly,and get ready for tax planning.