I. Choose a reasonable way of financing.
According to China's current tax law, interest expenses on borrowings can be expensed before tax within a certain range, while dividend expenses can only be expensed in the enterprise's after-tax profit. From the point of view of tax saving, enterprises' moderate borrowing from banks and mutual financing among enterprises are more favorable than enterprises' direct financing to the society.
Two, choose a reasonable trading object.
China's current value-added tax (VAT) system provides for general taxpayers and small-scale taxpayers, choose a different supply object, the tax burden borne by the enterprise is not the same. For example, when the supplier is a general taxpayer of value-added tax, the enterprise after the purchase of goods, according to the output tax credit against the corresponding input tax after the balance of the payment of value-added tax; if the purchase of small-scale taxpayers of the goods, can not get the special invoice for value-added tax, which contains the input tax can not be deducted, the tax burden than the former to be more. If you open a special invoice can also be offset in part.
Three, "avoidance" conversion of tax obligations.
Enterprises will convert high tax obligations to low tax obligations, refers to the same economic behavior, there are a variety of tax programs to choose from, the taxpayer to avoid the "high tax point", choose "low tax point", can reduce tax obligations. The most typical example is the part-time non-taxable services for tax-saving planning. From the tax point of view, part-time business mainly includes two kinds: one is the same type of tax, the tax rate is different. For example, supply and marketing system enterprises, generally both operating VAT rate of 17% of the means of subsistence, but also operating VAT rate of 13% of the agricultural means of production and so on. The second is different tax types with different tax rates. This type usually refers to enterprises that operate both VAT items and business tax items involved in their business activities.
Fourth, reasonable expenses.
Enterprises can narrow the tax base and reduce taxable income without violating the tax law and financial system by fully and reasonably expensing all expenses and fully estimating all possible losses. For the items that the state allows to be charged to expenses, such as employee labor union funds, employee welfare fees and employee education funds, which are 2%, 14% and 1.5% of the total taxable wages, respectively, they should be fully charged as far as possible. For some possible losses, such as bad debt losses, enterprises should fully anticipate and make full provision according to the upper limit as far as possible within the scope permitted by the tax law. This is not only in line with the national tax law and financial system, but also can receive the effect of tax savings.
V. Reduce taxable amount.
There are two factors that affect the taxable amount, namely, the tax base and tax rate, the smaller the tax base, the lower the tax rate, the smaller the taxable amount. Tax planning can start from these two factors to find legal ways to reduce the taxable amount. For example, if an enterprise's taxable income measured on December 30, 2005 is $100,200, the enterprise should pay $33,066 (100,200 × 33%) in income tax. If the enterprise carries out tax planning and pays tax consulting fees of 200 yuan, the enterprise's taxable income of 100,000 yuan (100200-200) and income tax payable of 27,000 yuan (100,000 × 27%), can be found by comparing, carrying out tax planning to pay the fee of only 200 yuan, but tax savings of 6,066 yuan (33066-27,000).
Sixth, weigh the overall tax burden.
For example, many of the planning program has a general VAT taxpayer and small-scale taxpayer selection of planning. For example, an enterprise is a production enterprise with annual ex-tax sales of about 900,000 yuan, and the enterprise purchases materials at a price of roughly 700,000 yuan per year excluding VAT. The company has a sound accounting system and is in a position to be recognized as a general taxpayer. If it is a general taxpayer, the applicable VAT rate of the company's products is 17%, and the VAT payable is 34,000 yuan (90×17%-70×17%); if it is a small-scale taxpayer, the tax rate is 6%, and the VAT payable is 54,000 yuan (90×6%)> 34,000 yuan. Therefore, only from the VAT point of view should be considered to choose the general taxpayer. But in fact, although the small-scale taxpayers pay 20,000 yuan more VAT, but its input tax 119,000 yuan (70 × 17%), although not deductible but can be included in the cost, thus increasing the cost of 119,000 yuan, the income tax reduction of 39,270,000 yuan (119 × 33%), greater than the 20,000 yuan more VAT. Therefore, when choosing a tax planning program, enterprises should not only focus on the program that pays less tax in a certain period, but also consider the development goal of the enterprise and choose the program that is conducive to increasing the overall revenue of the enterprise.
Seven, make full use of tax incentives.
For taxpayers, the use of tax incentives for tax planning focuses on how to reasonably use the provisions of tax policies and regulations, the application of lower or more favorable tax rates, proper planning of production and business activities, so that the actual tax burden is the lowest, in order to achieve the effect of tax savings. For example, according to China's tax law, high-tech enterprises in high-tech industrial development zones approved by the State Council are exempted from income tax for two years from the year of commencement of production. For enterprises that utilize waste water, waste gas, waste residue and other waste materials as the main raw materials for production, they can be reduced or exempted from income tax for 5 years. In addition, the State has different tax incentives for investments used to support the development of agriculture as well as education and healthcare programs. Enterprise operators should refer to the policy provisions, a comprehensive comparison of the investment environment, investment returns, investment risk and other factors, to determine the investment area, investment direction and investment projects, and reasonable tax planning, in order to reduce the corporate tax burden.
It should be noted that taxpayers should use the above methods to save tax, on the one hand, in line with the characteristics of production and operation of enterprises, integrated planning, comprehensive consideration, and should not lose sight of the other; on the other hand, they should study frequently to understand the national tax reform trends and preferential policies and measures of the revisions and adjustments, to accurately grasp the boundaries of the tax laws and regulations, and in-depth study of the relevant provisions of the tax law, in order to prevent the tax savings triggered by other problems. The other hand, we should study frequently to understand the trend of national tax reform and the revision and adjustment of preferential policies.