(1), choose local preferential policies, meet some conditions according to the nature of your own industry, and achieve the purpose of slowing down. For example, a series of policies, such as implementing a preferential tax rate of 20% for small and low-profit enterprises that meet the requirements, and reducing the total income of enterprises with comprehensive utilization of resources by10%;
(2) Observe the fiscal and taxation policies of the relevant industries you are engaged in to select goods and apply for relevant qualifications to save taxes. For example, for high-tech enterprises that need key support from the state, the income tax is levied at a reduced rate of 15%.
2. Reasonable use of enterprise organization forms for tax planning.
It is suitable for companies with slightly stronger economic strength to use subsidiaries and branches for fiscal and tax separation, so as to achieve the effect of cost saving. The subsidiary has the qualification of an independent legal person and can bear civil legal responsibilities and obligations; However, the branch company does not have independent legal personality, and the head office needs to bear legal responsibilities and obligations.
3. Use inventory valuation for tax planning.
Choosing different pricing methods for inventory delivery, as the name implies, is to distribute the goods, sell the advanced goods first, and leave the latest products. The purpose of this distribution method is to reduce the financial pressure and reduce the accumulation of inventory.
4. Use the expense deduction standard for tax planning.
Expense is the transmission factor of taxable income. Within the scope permitted by the tax law, collect the current expenses as much as possible and reduce the income tax payable. Learn more about tax planning and welcome to consult McKee Finance.