What to pay attention to in terms of corporate tax planning

The following points should be paid attention to in tax planning:

1.Legal compliance. The key to tax planning is legal compliance.

This is the main prerequisite for tax planning, and only under the premise of legal compliance, according to the actual situation of the enterprise and the individual, can the solution be formulated to achieve real and effective tax savings. If tax planning is not legal and compliant, no matter how good the solution is and how high the tax rate is, it is useless, and the enterprise will face the problem of high tax risk, which is harmful to the enterprise.

2.Rationality. The tax planning plan should be reasonable.

Tax planning should consider the actual situation of the enterprise, according to the actual business of the enterprise, choose the best and most suitable preferential tax policies to formulate a reasonable tax planning plan, and not blindly consider the tax savings. The nature of the enterprise, the industry, the actual business, the tax source policy, etc., are all necessary to consider in formulating solutions. Secondly, we can't blindly move the solutions implemented in the market, what is suitable for others is not necessarily suitable for ourselves, and we need to choose the right solution according to the actual situation of the enterprise itself, after all, the right one is the best.

3.Professionalism. The so-called art industry has a specialty, and tax planning involves the taxation of enterprises, which requires great caution.

Therefore, professional tax planning requires a professional tax planning team to operate. The professional team can formulate suitable tax planning solutions for enterprises according to the actual business situation of the enterprise, combined with the best tax preferential policies. A good tax planning solution can not only help businesses reduce tax costs, but also be able to achieve legal compliance, so it is important to find the right tax planning platform.

4.Plan ahead. Tax planning is pre-planning, tax planning should be carried out before the occurrence of specific business, according to the actual business situation of the enterprise, tax law provisions and relevant policies, formulate an overall tax plan, so as to reduce the tax cost of the enterprise, so as to maximize benefits.

If you do tax planning after the business has occurred, it is no longer meaningful.

Professional and reasonable tax planning of enterprises can save tax expenses for enterprises and increase the actual income of enterprises, but tax planning is not carried out blindly, and it needs to be determined according to local policies and according to the company's own situation.

Compliance with regulations and relevant policies is mandatory. Under this premise, it can ensure that its plan is approved, and if it does not take legal means, its behavior is tax evasion and tax fraud, and it will bear the corresponding legal responsibility and bring losses to the enterprise, so it is important to remember that compliance with relevant laws and regulations is the premise for enterprises to carry out tax financing.

When carrying out tax planning, enterprises need to weigh various factors to effectively ensure that the company's burden is reduced, and it is worth noting that tax planning is risky, and only when the company's own circumstances are weighed can the success of corporate tax planning be ensured.

The purpose of corporate tax planning is to achieve legal tax savings and increase income, so it is necessary to pay attention to the cost of tax planning for enterprises, if the cost is greater than the benefit in tax planning, then the whole tax planning is meaningless.

Tax policies are not static, in this case, enterprises need to pay attention to the changes in the policy in real time and adjust in time to ensure the smooth progress of tax planning.

Generally speaking, there is a certain process for doing anything, and although the specific details may deviate due to some factors, the general steps are the same. The same is true when corporate tax planning is carried out. So what are the steps of corporate tax planning?

1. Collect the necessary information for tax planning. When collecting information, it mainly includes: analysis of the tax-related situation and needs of the enterprise, analysis of the relevant tax policies and environment of the enterprise, and determination of the specific objectives of tax planning.

It is important to note that when collecting information, if you can ensure that the information is comprehensive, it will also help the success of corporate tax planning.

2. Design alternative tax planning schemes. With the relevant information and goals established, the decision-maker of tax planning can start to design a specific plan for tax planning. The design of a tax planning plan is generally carried out according to the following steps:

First of all, the tax-related issues are identified, that is, the nature of the tax-related items, which taxes are involved, etc.; Secondly, the tax-related issues are analyzed, that is, the development trend of tax-related projects, the consequences triggered, the size of the tax planning space, and the key problems that need to be solved. Finally, a variety of options are designed, that is, a number of options are designed for tax-related issues, including the business activities, financial operations and accounting treatment involved to determine the supporting schemes.

3. Analyze and evaluate each alternative and choose the best one. Tax planning is a combination of planning techniques that take into account risk factors. After the plan is presented, a series of analyses must be carried out, including:

Legitimacy analysis, feasibility analysis, and target analysis.

4. Implement the tax planning plan. After the tax planning plan is selected and approved by the management department, it will enter the implementation stage. Enterprises should make corresponding treatments or changes to their taxpayer status, organizational form, place of registration, industry, economic activities and accounting treatment in accordance with the selected tax planning plan, and record the income of the planning plan.

5. Monitor, evaluate and improve the tax planning plan. During the implementation of the tax planning plan, problems should be monitored in a timely manner. Then use the information feedback system to evaluate the effect of the planning plan, and evaluate whether its economic benefits and final results achieve the tax planning goals.

In the process of implementation, there may be differences with the expected results due to implementation deviations, environmental changes or defects in the design of the original plan, and these differences should be fed back to the decision-makers of tax planning in a timely manner, and the plan should be improved.

When the tax planning of the enterprise is carried out, it is necessary to understand the above steps and information, after all, this is also to ensure that there are no problems in the planning, and secondly, if you want to be successful, you need to pay attention to the relevant work of all links. You need to understand that the devil is in the details.