|
The state department carried out the institutional reform scheme of the Power Industry in 2002, which is targeted to separate the power plants from transmission network. This scheme has broken the monopoly of China\
|
|
Submitted On: 04-01-2010 | Views:
|
|
|
The state department carried out the institutional reform scheme of the Power Industry in 2002, which is targeted to separate the power plants from transmission network. This scheme has broken the monopoly of China's Electric Sector in the market of Power Industry and there will be a severe competition in the power generation and sales enterprises. In order to maximum the profits, these enterprises must be endeavor to improve the financial management. As an important method to decrease the production cost, tax planning must be emphasized. While tax planning hasn't fully developed in our country, it's even unknown to the power generation and sales enterprises. Therefore, how to make a full use of tax planning must be attached great importance by them.This paper consists of five chapters: chapter one, introduction. This chapter presents the background of the paper, existing research in China and aboard, innovation and framework of the paper. Chapter two is the general introduction of tax planning. This chapter mainly refers to relative theory of tax planning which includes the conception, character, cause and the relationship between financial management and tax planning. Chapter three is the basic research of tax planning in power industry. In this chapter, we can first see the development of the power industry in China. Then, there will be a detailed analysis with the tax system of power industry and the main taxes and space of tax planning in power industry. Chapter four, tax planning of the main taxes in power industry. This chapter will present the methods of tax planning in power industry, which mainly includes the value added tax, income tax and individual income tax. Chapter five, problems and recommendations to tax planning in power industry. This chapter analyzes the problems of tax planning in power industry and tries to make some recommendations.This paper attempts to achieve innovations in the following areas:1. Industry choiceGenerally, power industry is always equaled to monopoly. However, it's a competitive market now. In order to reduce the cost, tax planning is an important method and the power industry should give great importance to it.2. Combine with the new taxation lawSince the new taxation law has been carried out, many methods of tax planning would not work. Then, how could the power industry deal with this situation. This paper tries to give some recommendations.3. Tax planning and human resource managementThis paper tries to find out the relations between tax planning and compensation promotion and discusses tax planning in the compensation promotion to the management and personnel respectively.
Article Source:
http://latest-finance-articles.com/Accounting/Research-on-Tax-Planning-in-Power-Industry-1796.html
|
| Like the Article? Then share it with others at popular websites below: |
|
|
