Research On Tax Planning Of A Expressway Project Under PPP Mode

Following the Twelfth National People’s Congress,China vigorously promoted the PPP model to help the government attract social capital to participate in public product cooperation projects.The PPP model is an important feature of smart cities in China’s "13th Five-Year Plan" period,and it is also a key planning content.In essence,it uses social capital to participate in government public projects to improve the supply of products and services.Sharing and risk sharing.As the PPP model becomes more and more mature,more and more projects use the PPP model,but tax costs have become an important factor that cannot be ignored in the project,and may even have an impact on project revenue.The tax cost runs through the entire life cycle of the project.Taxpayers can use scientific and efficient pre-tax planning within the legal norms to help the project reduce cash outflows and effectively reduce the tax burden.It also plays a role in preventing tax risks.Therefore,in the absence of a specific PPP project tax policy,how to reduce the tax burden of the entire life cycle of a PPP project through reasonable planning will be an important research topic,and tax planning for PPP projects will become vital.The research in this paper mainly adopts the literature analysis method and case analysis method,and takes the A highway PPP project as the case object.First of all,the papers related to tax planning of PPP projects at home and abroad were briefly summarized and summarized.Secondly,it introduces the basic concepts of PPP project tax planning,the motivations and methods of PPP project tax planning,and briefly describes the relevant theories such as game theory and contract theory as theoretical support for the planning scheme.Then it introduces the background of A highway PPP project and analyzes the tax planning problems in project operation.Then,from the three aspects of asset accounting,contractor tax calculation,and feasibility subsidy,a plan is proposed for each phase of the project.The analysis focuses on the taxes and fees during the construction and operation stages,and calculates and compares the value-added tax,profit,and net cash flow under different planning schemes.At the same time,analyze the potential tax risks in the tax planning scheme,and give risk control suggestions.Finally,an effective countermeasure is proposed for the tax planning of A highway PPP project.Based on the ideas and methods of tax planning,in-depth study of the A highway PPP project,planning the entire life cycle of the project,in the hope of providing a little reference and help for the financial and tax management of PPP projects.