Apple, IKEA Group, etc. They are well-known multinational companies, and their tax management level is relatively high. Tax preference is also the key to their operating efficiency.
Tax planning of multinational enterprises is essentially different from tax evasion and other illegal acts, and the basis of tax planning is to comply with the relevant laws and regulations of the country or region where the enterprise is located.
Nowadays, the number of multinational enterprises in China is increasing gradually, but the degree of attention and work level of tax planning is far lower than that of developed countries. In the operation of multinational enterprises, developed countries will set up special tax management departments and hire professional tax management talents.
In this regard, in the new era, China's multinational enterprises should clearly realize the importance of tax planning and management, actively learn from the valuable experience of multinational enterprises in developed countries, make up for their own shortcomings, and improve the level of tax planning and management, so as to effectively improve market competitiveness and promote the sustainable development of China's multinational enterprises.
(2) Always pay attention to environmental changes and reduce planning risks. In tax planning, multinational enterprises are facing many risks while gaining economic benefits: (1) The international environment is complex and changeable.
20 15 tax base erosion and profit transfer (BEPS) project was formally implemented, which focused on substantive business activities and required to improve the tax transparency of multinational enterprises' production and operation.
In 20 16, the EU officially launched a "package plan" for tax avoidance, requiring all EU member States to strengthen tax planning and management of multinational enterprises.
It can be seen that in the production and operation activities of multinational enterprises, the international environment is complex and changeable, and the management of tax planning of multinational enterprises is becoming more and more strict, and the risk of tax planning is gradually increasing.
(2) The tax planning of multinational enterprises takes a long time, and the expected result of tax planning is often at some point in the future. Moreover, in the process of designing and implementing the tax planning scheme, a lot of costs need to be paid. If the scheme design is unreasonable, it will cause serious losses.
Therefore, multinational enterprises should pay attention to the rational use of tax avoidance methods when designing tax planning schemes to ensure compliance with the relevant laws of the countries or regions where multinational enterprises are located.
(3) Rational use of various tax planning methods Due to the complex and diverse international situation, the tax planning of multinational enterprises needs to face greater risks, but international tax planning also has the characteristics of flexibility.
For example, you can use a country's preferential tax policies to reduce the actual tax rate, and then transfer the operating profits of enterprises through tax havens to avoid paying taxes in your country.
In addition, a special financial company can be set up to avoid withholding tax reasonably.
It should be noted that when analyzing and studying the production and operation status and actual tax payment, multinational enterprises must ensure that they comply with the relevant tax planning regulations of their countries or regions and flexibly use various tax planning methods, so as to effectively improve the level of tax planning and ensure the legitimacy of tax planning.
(D) Using international leasing for tax planning In the operation of multinational companies, international leasing is a very important way to reduce the tax burden. Through the application of international leasing, we can not only get tax incentives, but also make leasing companies pay rent to offset corporate profits as much as possible, thus reducing corporate taxes. It can be seen that the use of international leasing is beneficial to the tax planning of multinational companies.
There are two main forms of international leasing, namely, transfer leasing and direct investment to leasing. The first is to buy assets through the headquarters company located in a high-tax country, and then give them to the enterprises located in a foreign low-tax country at the lowest rental price, while foreign enterprises give them to the affiliated enterprises located in another high-tax country at the highest rental price. In this process, with the transfer of lease cost, the income from high-tax countries will be transferred to low-tax countries, and the lessor and lessee will extract depreciation several times respectively.
The second type refers to the conversion of direct investment into leasing. The original assets directly invested by the head office to subsidiaries can be converted into leasing forms, thus effectively increasing the expenses of subsidiaries and reducing the tax payment of enterprises.
(V) Reasonable selection of accounting treatment methods In the tax planning of multinational corporations, the rationality of accounting treatment methods will have a great impact on the corresponding tax amount and accounting profit, so multinational corporations should reasonably choose accounting treatment methods in the process of international tax planning.
Multinational companies must make clear the accounting system and accounting methods of the country or region where the enterprise is located, use accounting methods reasonably in a legal way, reduce the tax burden of enterprises and improve the production and operation efficiency of enterprises.
For example, if the country or region where the multinational enterprise is located is exempt from income tax, the enterprise can convert the working capital income into capital income; In addition, multinational enterprises can effectively postpone tax payment by confirming the settlement time of income in advance.
In addition, it should be noted that if the price rises, the inventory accounting should choose the LIFO method, and on the basis of complying with the relevant laws of the country or region where the enterprise is located, the accelerated depreciation method should be adopted to delay tax payment.