"Tax planning" is also called "reasonable tax avoidance". It originated from 1935 British "Commissioner of Inland Revenue v. Grand Duke of Winster" case. Sir Lin Shuyu, a member of the British House of Lords who participated in the case at that time, made this statement about tax planning: "Everyone has the right to arrange his own business. If some arrangements made according to the law can pay less taxes, then he cannot be forced to pay more taxes. " This view has been recognized by the legal profession. After more than half a century's development, the standardized definition of tax planning has gradually formed, that is, "within the scope permitted by law, through the prior planning and arrangement of business, investment and financial management activities, the economic benefits of tax saving can be obtained as much as possible."

This concept shows that the premise of tax planning is to comply with national laws and tax regulations; The direction of tax planning should conform to the guidance of tax policies and regulations; Tax planning must occur before production, operation and investment and financial management activities; The goal of tax planning is to maximize the tax benefits of taxpayers. The so-called "maximization of tax benefits" includes the lightest tax burden, the maximization of after-tax profit and the maximization of enterprise value, not just the lightest tax burden.

The discussion on the concept of enterprise value-added tax planning is based on the analysis of the concept of tax planning. The concept of tax planning was introduced into China from the west in the mid-1990s. It is translated from the word tax planning, and then into tax planning, tax planning and tax planning. Tax planning is a modern frontier discipline involving multi-disciplinary knowledge, and many problems are still immature, so the international description of its concept is not consistent.

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Reply time: 2021-11-03. Please refer to the latest business changes announced by Ping An Bank in official website.