Author(s)

Chenxiao Xing ¹, Li Yin ²

Affiliation(s)

¹ Harbin University of Commerce, Harbin, Heilongjiang, 150028, China
² Xinjiang University of Science and Technology, Korla, Xinjiang, 841000, China

Corresponding Author

Chenxiao Xing

ABSTRACT

In the increasingly complex global economic environment and increasingly fierce competition, as a manufacturing country, the transformation and upgrading of the manufacturing industry is particularly necessary. The Chinese government has also introduced corresponding preferential policies for corporate income tax to promote technological innovation, transformation and upgrading of the manufacturing industry. How to make tax planning through the reasonable use of tax policies is of great significance to the upgrading and development of enterprises. This paper takes the precision Forging Technology Company as the research object, through the company's operating status and the enterprise income tax payment situation, reveals the company in the process of tax planning problems. In view of these problems, this paper puts forward the suggestions of accelerating the depreciation method of fixed assets, increase the proportion of R & D expenses, and make full use of environmental protection preferential policies, so as to achieve reasonable tax saving effect.

KEYWORDS

Automobile Manufacturing Industry; Corporate Income Tax; Tax Planning

CITE THIS PAPER

Chenxiao Xing, Li Yin, Research on Corporate Income Tax Planning-taking Precision Forging Technology Company as an Example. Accounting and Corporate Management (2024) Vol. 6: 116-123. DOI: http://dx.doi.org/10.23977/acccm.2024.060215.

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