Research On Land Value-Added Tax Planning Of Real Estate Development Projects

After 2018,the real estate industry has entered the post-development stage.In terms of industry competition,the competition is increasingly fierce and the industry concentration is excessively high.From the perspective of financing environment,the real estate loan concentration management system limits the amount of real estate loans by banks,and the "three red lines" policy continues to force real estate enterprises to deleverage and reduce debt.From the perspective of cost and income,the average selling price index of commercial housing in various cities began to decline,but the slow rise of land price is still normal,which makes the profits of real estate enterprises continuously shrink.Among them,the cost of taxes and fees can be adjusted to a higher degree,and the land value added tax accounts for the largest proportion.Therefore,excavating the planning space in the land value-added tax of real estate enterprises and designing a set of targeted comprehensive tax planning scheme can help them rescue.Yongzhou Huatian Real Estate Enterprise enjoys the policy support of rise of central China strategy,also meet the challenge from the environment,how to maximize the competitiveness of enterprises in a controllable range is the key problem.First,after field investigation and financial analysis,this paper found Yongzhou Huatian Real Estate Enterprise current tax burden is heav y,further combining with the current land value-added tax system,tax planning theory,strategic theory of fiscal and tax system,tax savings engineering theory and risk management theory to excavated its the existing planning space in stages:(1)In the early stage of preparation,there are problems in organizational structure setting,land transfer fee financial return and preparation period costs and expenses collection;(2)In the development and construction stage,there are problems in cooperative development behavior,cost accounting and product category sales;(3)In the pre-sale delivery and liquidation stage,there are problems in pricing,interest expense deduction and liquidation time.Then,In view of the existence of the above planning space,a comprehensive planning scheme of land value-added tax is designed:(1)In the early stage of preparation,the organizational structure is optimized,the land transfer fee reward return is identified and the preparation period is used;(2)In the development and construction stage,co-management accounts of funds is established or cooperative development behavior is changed,cost objects is separately accounted and the decoration cost is increased;(3)In the pre-sale delivery and liquidation stage,the optimal pricing is caculated,interest expense is calculated deduction,the liquidation time and collection method is scientifically selected.After the above planning scheme,a total of 27.8474 million yuan of land value-added tax reduction,the enterprise’s after-tax profit increased 30.1762 million yuan.Finally,focus on the land value-added tax planning is complex and inspection by tax authorities,thus risks cannot be ignored,the manifestation is the management risk,operation risk,policy risk and legal risk.We try to put forward the corresponding risk prevention measures from the internal control elements of the control environment,control activities,information and communication.This study uses Yongzhou Huatian Real Estate Enterprise’s primary business and financial data to design a set of comprehensive planni ng scheme,which helps Yongzhou Huatian Real Estate Enterprise to reduce the cost of land value-added tax,retain more corporate wealth,and also provides reference for other real estate enterprises to plan land value-added tax.