The Research On Tax Planning Of TY Company

With the rapid development of social economy and the increase of concerned state authorities to the strength of tax management,enterprises will pay more and more attention on tax planning.Since the 1990 s,China began to introduce the theory of tax planning from other countries.After more than 20 years of emulating and self research,the relevant theoretical system of the tax planning system in our country has been greatly developed.In 2016,China began to implement the policy of reform and increase overall,it is not only change a certain business tax to added-value tax,also covers the different amounts of output tax deduction of different tax base and tax time changes and part of the rate of increase and decrease,thus affect the overall tax burden and profits of the company.Therefore,tax planning for the greater competition in the industry of manufacturing industry and high-tech industry should be more busy.After restructuring in 2002,TY has been engaged in providing production and marketing services for oil exploration and development.TY has been expanding its business scope from oil equipment manufacturing,mechanical processing to oil pipe production,oil field chemicals development and production for more than a decade.TY has been specialized in producing and marketing services for oil exploration and development since then.In order to cope with competition from various aspects,TY company proper tax planning,it is necessary to further reduce the production cost increase development costs,low cost and high quality products,so as to improve the competitiveness of the enterprises.This paper uses the case analysis to TY company as the research object,firstly introduce the basic situation of TY company,analyze the TY of the company’s financial situation,is mainly to the enterprise tax situation analysis and the tax situation analysis,the conclusion is the enterprise need to plan the categories of taxes that mainly is the value-added tax and enterprise income tax and then combined with the practical link of business activities tax: VAT input tax tax planning including output tax and tax time three aspects of planning;Enterprise income tax planning including technology research and development activities of fixed assets depreciation and disposal from three aspects ofplanning,analysis of the effect of planning,it is concluded that the best planning scheme finally,combining with the present problems of the company and planning scheme is put forward the safeguard measures of the planning process.