TITLE:
High-Tech Enterprise Tax Planning
AUTHORS:
Qiong Zhang
KEYWORDS:
Tax Planning, High-Tech Enterprises, Tax Incentives
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.9 No.1,
January
18,
2019
ABSTRACT: Chinese economy is in
transition with expanding domestic demand. The capacity is becoming
a new economic normality. High-tech industry as a new force in promoting
economic development plays an increasingly important role. Taxation is an
important part of corporate financial management, the impact of the economic
activity and tax interests of the company, so a reasonable tax planning is
conducive to the company’s financial management objectives. Many high-tech
industries enjoy preferential tax policies, while they are also high input and
high output. So it is necessary for high-tech enterprises in tax planning. This paper introduces the
theory of tax planning and high-tech industry, and then based on the latest legal
summarizes the high-tech enterprises in the value-added tax, business tax,
income tax of these three main tax incentives. Combining the features of tax
planning concepts and high-tech industry, this paper presents the high-tech
industry investment activities, operating activities, financing activities of
the three aspects of tax planning strategies. Finally, the paper puts
insufficient research from different angles such as policy risk and business
risk. In the summary, I pointed out the lack of research presented in this
paper and looked forward to the future tax planning.