What is tax planning? What is the role of corporate tax planning?

What is tax planning? What is the role of corporate tax planning? What is tax planning? Tax planning is based on legal compliance，In accordance with the guidance of tax policies and regulations，Choose a tax plan that maximizes tax benefits in advance to handle your production、Business and investment、A kind of corporate planning behavior for financial management activities。To put it simply and straightforwardly, it means reducing costs without increasing investment.，Increase profits，Maximize benefits。

Which companies need tax planning：(1) Enterprises that are newly established or are applying for establishment are most suitable for tax planning.，Making plans well at the beginning of establishment or new projects can not only fully enjoy the national industrial policies，At the same time, it can also give enterprises a good start in financial and tax accounting.，Have a good start。It's like renovating a house，It is the same principle to design and then construct.，This way you can create unlimited possibilities in a limited space。

After all, renovating an old house is more troublesome than renovating a new one.。(2) Enterprises with weak financial and tax accounting are enterprises of some size but with relatively poor financial and tax accounting conditions.，There are two reasons for this：First, there is a lack of strict internal financial and tax accounting control system；Second, the quality of accounting personnel is low and they are not proficient in their work.，Unable to accurately perform financial and tax calculations，The risk is also high。

Both of these aspects can easily lead to financial and tax risks.，A little carelessness can cause huge losses，In this case, tax planning should be carried out as early as possible，Prevent risks。(3) Enterprises with more complex financial and tax accounting generally refer to those companies that involve many businesses、Many types of taxes、We often encounter more complex tax-related business，If it involves applying for tax exemptions，Involves a large amount of income tax, etc.，Such companies should also make long-term tax planning。

(4) Enterprises that have been punished by tax authorities Enterprises that have been punished by tax authorities should sound the alarm，Pay more attention to the development of tax planning activities，Find fiscal and tax loopholes early，nip problems in the bud。

(5) Enterprises with large planning space have larger assets and income，Complex organizational structure and business activities，Enterprises with complex tax types and tax policies involved，There is more room for tax planning，Once problems arise in such companies,，Tax losses are also large，For example, many cross-regional、Large cross-industry enterprise group，As long as it meets the tax preferential catalog，You can fully enjoy the benefits of tax planning。

Six major benefits of tax planning for enterprises：one、Tax planning helps curb tax evasion；two、Tax planning will not only reduce the country’s total tax revenue，It may even increase the total national tax revenue；three、Tax planning helps strengthen corporate legal awareness；Four、Tax planning helps promote the construction of tax laws；five、Tax planning helps optimize industrial structure and investment direction；six、Tax planning helps improve the business management level and accounting management level of the enterprise；Reasonable and legal tax planning can be of great help to enterprises.，Therefore, large and medium-sized enterprises will formulate tax planning plans.。

Tax planning is based on legal basis，If tax evasion is used to reduce tax expenditures，It is not within the scope of tax planning。

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