Land Appreciation Of BGY Real Estate X Project Based On Accounting Policy Selection Tax Planning Research

The development of the real estate industry is of great importance to the overall economic growth and stability of people’s livelihood in China,but in recent years,with the external economic environment facing a severe test,the overall profit of the real estate industry has shown a declining trend.Therefore,controlling the cost and expense,strengthening the management level of business operation and improving the profitability are the core elements of the lasting and stable development of real estate enterprises.Real estate enterprises are an industry with many tax-related items,among which the tax amount of land value-added tax accounts for a relatively large amount.Therefore,tax planning for land valueadded tax can be carried out to control the expenditure of tax costs in order to achieve the purpose of reducing the tax burden.Tax planning is an important activity in the financial management of enterprises,which is to maximize the tax benefits by making reasonable arrangements and planning for the business operations of enterprises within the scope of tax laws and laws,and combining them with the preferential policies stipulated in tax laws to achieve the goal of saving tax payments.At present,there are many ways and means for tax planning in China,one of which is tax planning based on the choice of accounting policies.The relevant state departments can,to a large extent,give enterprises a certain degree of choice when formulating accounting policies.The choice of accounting policies is not subject to internal and external economic and technical conditions,which not only does not affect the normal business activities of enterprises,but also has strong operability,and can reasonably and legally enjoy the preferential policies given by the tax law.Therefore,tax planning can be carried out within the scope allowed in both accounting policies and tax regulations to achieve the goal of overall tax burden reduction.In this thesis,from the perspective of combining theory and practice,we take the land value-added tax of BGY’s real estate X project as an example and conduct an in-depth discussion on its accounting policy selection,with a view to identifying the root of the problem through the current tax situation of the enterprise and making corresponding suggestions.Therefore,this thesis firstly combines the theories of stakeholders,behavioral economics,effective tax planning and portfolio tax saving to briefly explain the relationship between accounting policy selection and tax planning.Then it introduces the basic situation of BGY real estate enterprise and X project,summarizes the tax burden of land value-added tax of X project through financial statement data,and analyzes and summarizes the current problems and reasons of the company by using questionnaire survey.The company also proposed a planning plan based on accounting policies to address the problems: the planning method of cost amortization and cost sharing in the development process;the choice of sales accounting method and revenue recognition policy in the sales process;the choice of liquidation unit and the choice of liquidation point in the liquidation process.In the sales segment,the choice of sales accounting method and income recognition policy is proposed;in the liquidation segment,the choice of liquidation unit and liquidation point are proposed.Finally,specific suggestions and guarantee measures are put forward in three aspects:improving the guarantee mechanism of tax planning,establishing management and incentive system,and improving the overall awareness of tax planning.