The new Enterprise Income Tax Law of the People's Republic of China was officially implemented on 1 month 1 day in 2008. Financial workers from all walks of life in China are seriously studying the new tax law after the merger of the two taxes, and theoretical workers are also analyzing and discussing the impact of the new tax law on corporate tax burden from different angles. According to the specific characteristics of the hotel industry, combined with the national industrial policy for the service industry, the author talks about some experiences on the tax planning of the hotel industry after the implementation of the new tax law: First, strengthen financial work and standardize the financial accounting system. After the implementation of the new tax law, the average income tax burden of domestic-funded enterprises has decreased, which should be said to be mainly due to the continuous growth of China's economic scale, resulting in the continuous increase of tax sources. On the other hand, with the continuous strengthening of tax supervision, the tax authorities' requirements for financial work of tax paying enterprises are also constantly improving, and a true and standardized financial accounting system is the basis for tax planning of enterprises. First of all, due to the characteristics of the hotel industry, cash income also accounts for a large proportion, which in itself requires the hotel industry to establish a sound corporate financial system to prevent internal financial fraud; At the same time, hotel financial accountants are required to have a strong sense of financial law, truly reflect and record the business and financial achievements of the enterprise, and deliberately increase the cost of the hotel or reduce the income, which is untenable in theory, because problems can be exposed simply from the business contacts and gross profit margin. Deliberate fraud challenges the financial management system of enterprises and the average profit level of the industry. Fools evade taxes, wise people evade taxes, and wise people make tax planning. Secondly, to standardize the hotel's revenue and expenditure treatment, the new tax law still emphasizes that the tax law is higher than the financial standards, and all places where the financial system conflicts with the tax law must be implemented according to the tax law. This requires hotel financial personnel to study hard and understand the relationship and difference between finance and taxation in handling business. Unnecessary fines or other losses caused by obvious accounting errors must be avoided. For example, the business tax of the entertainment industry is 20%, while the business tax of catering and accommodation is 5%. If the hotel does not strictly separate accounting, it must pay the business tax at 20%, which is not worth the loss. Second, the hotel industry financial personnel must seriously study the new Tax Law, accurately understand the meaning of the new Tax Law and the difference between the new Tax Law and the old Tax Law. Only in this way can the accounting treatment be justified, and at the same time, the opinions or viewpoints of tax personnel can be treated cautiously. For example, Article 8 of the new "Tax Law" stipulates that reasonable expenses related to income actually incurred by an enterprise, including costs, expenses, taxes, losses and other expenses, are allowed to be deducted when calculating taxable income. Because the procurement work in the hotel industry is scattered, especially the purchase of agricultural and sideline products without invoices is real, then according to the above explanation of the new Tax Law, this part of reasonable procurement expenditure should be reasonable under the normal conditions of warehousing procedures. In addition, Article 28 of the new "Tax Law" stipulates that eligible small-scale low-profit enterprises will be subject to corporate income tax at a reduced rate of 20%, so eligible hotel enterprises should actively apply for this preferential policy. Third, make full use of the preferential policies of the state and local governments. In order to promote employment and support the development of the tertiary industry, the state and local governments have issued many preferential policies, which should be paid special attention to by financial managers in the hotel industry. Examples are as follows: Example 1: About the total wages of enterprises, the notice of the Ministry of Finance, State Taxation Administration of The People's Republic of China, on the income tax policy for enterprises to pay students internship remuneration (Caishui [2006] 107) stipulates that according to the relevant requirements of the Decision of the State Council on Vigorously Developing Vocational Education (Guo Fa [2005] No.35), in order to promote the development of education, At present, the issues related to income tax policy for enterprises to pay interns in secondary vocational schools and institutions of higher learning are clear as follows: 1. Any enterprise that has signed a cooperation agreement with secondary vocational schools and institutions of higher learning for a period of more than three years is allowed to deduct the remuneration paid to students during the internship period before calculating and paying enterprise income tax. Specific measures for collection and management shall be formulated separately by State Taxation Administration of The People's Republic of China. Enterprises should withhold and remit the corresponding personal income tax for the remuneration obtained by interns in secondary vocational schools and institutions of higher learning that conforms to the provisions of China's individual income tax law. Two, the term "secondary vocational schools" as mentioned in this notice includes ordinary secondary specialized schools, adult secondary specialized schools, vocational high schools (vocational education centers) and technical schools; Institutions of higher learning include higher vocational colleges, ordinary colleges and full-time adult colleges and universities. Iii. This notice shall be implemented as of 1 month 1 day, 2006. Example 2: Almost all provinces, municipalities and autonomous regions have preferential policies for reemployment of laid-off workers, and all enterprises have preferential tax policies for absorbing laid-off workers in excess of a certain proportion. The hotel industry should make good use of it according to the specific policies of various places. Fourth, strengthen communication with tax authorities and seek timely guidance on policies and practical operations. It should be pointed out that the communication I mentioned does not refer to the dredging of relations. At present, there are still some defects in China's tax system and tax collection and management (see my opinion on the deficiency of tax system), and at the same time, the relevant tax-related policies of the state are also disorderly, which makes it difficult for enterprise financial personnel to grasp them. Therefore, it is very necessary to seek policy support from tax authorities, and it is also necessary to do a good job in working relations with functional departments. In short, under the new situation, the hotel industry has great potential in tax planning, and enterprises should make overall planning arrangements according to their own specific conditions, instead of waiting for policies and relying on relationships. The professional qualities that a financial manager must possess are: familiarity with financial laws and regulations, proficiency in tax planning, proficiency in financial accounting, deep understanding of financial management, and continuous improvement of management ability. Financial executives should strengthen their own learning and be familiar with tax-related laws and regulations in order to apply them freely in their work.