Research on the Key Points of Tax Planning for Construction industry VAT Input Tax Amount

International Journal of Economics and Management Studies

© 2020 by SSRG - IJEMS Journal

Volume 7 Issue 8

Year of Publication : 2020

Authors : Jia Guangliang

10.14445/23939125/IJEMS-V7I8P104

How to Cite?

Jia Guangliang, "Research on the Key Points of Tax Planning for Construction industry VAT Input Tax Amount," SSRG International Journal of Economics and Management Studies, vol. 7,  no. 8, pp. 27-31, 2020. Crossref, https://doi.org/10.14445/23939125/IJEMS-V7I8P104

Abstract:

Based on the objective fact that many construction enterprises have a heavy burden on VAT due to insufficient input tax credit, after "Business Reform and increase"Now the study combines the current VAT legal system with systematized provisions of Business Reform Policy, adopts the idea of investigation, summaries, and deductive reasoning, establishes the guiding ideology and principle of VAT tax planning, discusses the five key points
and methods of VAT tax planning for construction enterprises. And some ideas and proposals are put forward, referring to the use of supplier selection, labor dispatch, construction equipment sales back to rent, and so on.

Keywords:

Construction enterprises; Value added tax; Input tax planning

References:

[1] Wang Shufeng.,FengLing. Research on VAT planning method of real estate enterprises under the environment of replacing business tax with VAT [J]. International accounting frontier,6(2) (2017) 5-9.
[2] LiQiang, Ni Yunzhen, Wang Shufeng.,Research on tax planning of VAT in the construction industry [J]. Business accounting, (9) (2017) 123-125.