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Tax planning study of the logistics industry

Author: LiangFang From: www.yourpaper.net Posted: 2010-04-01 13:36:48 Read:
[Abstract] the logistics industry in China is an emerging industry, the tax burden on the development of the logistics industry have a greater impact. The article is based on current logistics industry tax policy, on the basis of analysis of China's logistics industry tax problems to the case of an enterprise group of Northeast Empirical proposed business tax taxable services planning for the VAT tax planning program.
[Keywords] logistics industry; tax planning; case analysis


The logistics industry along with the continuous development of the society of mass production came into being. Logistics industry is the use of information technology and supply chain management technology, decentralized transportation, storage, handling, transport, packaging, distribution processing, distribution, information processing and other social function of organic integration and integration operations and the formation of new industries, The integration of transportation, warehousing, freight forwarding industry and information industry composite services industry. It is an important part of the national economy, such as diverse absorb employment, stimulating consumer role, plays an important role in promoting industrial restructuring, change the mode of economic development and enhance the competitiveness of the national economy. With the accelerated pace of economic globalization and information technology, logistics has become an important measure of a country's level of modernization and comprehensive national flag.
With the constant improvement of China's market economy, China's rapid development of the logistics industry. In 2008, total social logistics reached 89.9 trillion yuan, an increase of 4.2 times compared to 2000, an average annual growth rate of 23%; logistics industry realized an added value of two trillion yuan, an increase of 1.9 times compared to 2000, an average annual growth of 14%. In 2008, the logistics and added value to the total value added services accounted for 16.5%, the share of GDP to 6.6%. Significantly improve the level of development of the logistics industry, logistics infrastructure conditions gradually improve policies and measures to support the development of the logistics industry and the foundation has made new progress. However, the overall operating efficiency of the logistics industry in China is still low, the lack of social logistics demand and supply of specialized logistics capabilities, lack of convergence between the supporting infrastructure, resources integration and integrated operation faces some obstacles, logistics relatively backward technology and standards.
In order to further promote the steady and rapid development of the logistics industry, and cultivate new economic growth point, the State Council issued in April 2009, the China logistics industry restructuring and revitalization plan. 3 9 planning policy measures related to tax issues, since the introduction of the corresponding laws or regulations. The current tax policy does not support the overall tendency of the development of the logistics industry, is also inadequate structural adjustment policies, ignoring the existence of the logistics industry overall environmental concerns, affecting the development of the logistics industry. The analysis of the tax planning of the logistics industry in the the existing logistics industry tax policy, to the benefit of logistics enterprises.

Second, the tax status of the logistics industry in China

The logistics industry involves a wide range of services, many tax-related species, mainly related to the taxes to sales tax, VAT, corporate income tax (personal income tax), property tax. Heavier tax burden, a prominent problem in the logistics industry. Mainly in the following areas:
(A) in China so far is not essentially what the modern logistics industry defined
The entry of China's tax laws, the logistics industry is no standardized field. Current Business Tax land transport, sea transport, air transport, pipeline transport and loading and unloading all classified "transportation tariff lines, the rate is 3%; agency industry, warehousing, design, consulting classified as" service "The tax rate will be 5%; enterprises concurrently different taxable items, should be accounted for separately, otherwise, from a high tax rate. Modern logistics is the process of integration and economic integration movement, transportation, warehousing, packaging, handling, delivery, distribution processing, as well as all aspects of logistics information have to check each other, influence each other's internal relations; same time, this intrinsic link is built on top of foundation to the operation of the market mechanism and specialization, socialization. These integration aspects in isolation, and the results are only two: either double taxation; either from low tax.
(B) the support of our current tax system given the logistics industry and tax management system is not perfect, and some aspects even gaps
First, although China's current "State Administration of Taxation on tax policy issues on the pilot logistics enterprises Notification is the result of the joint action of the nine ministries, but in essence, does not solve the split between management and the interests vested in the various ministries problem; second, the current tax policy does not support the overall tendency of the development of the logistics industry, is also inadequate structural adjustment policies, ignoring the analysis of the overall environment of the existence of the logistics industry and concerns; Third, modern the cross-cutting nature of the diversity of the logistics business, service projects, transport, warehousing, rental original invoice management business categories lost a supervisory role between the various categories of the lack of associated degrees of reality, to the PDMs tax and deductible invoice management system is facing significant challenges.
(C) logistics enterprise's business tax repeated tax phenomenon
According to the requirements of the notice of the State Administration of Taxation on the pilot logistics companies on tax policy issues ", the pilot logistics enterprises will contract the transportation business to other units by uniform price is charged, should be made in the enterprise income minus paid the balance of other freight transport enterprises turnover business tax; pilot logistics enterprises will contract warehousing operations to other units by the unified price is charged, should be subtracted to the total income of the enterprises paid to other warehousing partner of storage charges balance turnover charge sales tax. These two requirements make the pilot logistics enterprises will pay its operating logistics services to other units costs deductible to reduce the tax burden of the pilot logistics enterprises, this is undoubtedly a good policy to encourage the further development of logistics enterprises. The notice also cited a list of pilot logistics enterprises. As can be seen from the list, China currently has 700,000 and logistics-related businesses and organizations, is not large proportion of the pilot logistics enterprises, means that only a small number of logistics enterprises can enjoy preferential tax policies, and for most logistics enterprises in terms of its payment to other units, such as storage, transport, handling and other costs, can not be deducted, which inevitably exists the problem of double taxation of most logistics enterprises. Meanwhile, the groups based logistics company, a wholly owned subsidiary, owned transport vehicles rather than a self-billing taxpayers eligible can not enjoy the tax policies of the difference between the business tax, which makes some of the pilot Logistics Group wholly owned The company does not belong to the beneficiaries of the preferential tax policies, So, very few above preferential policies truly benefit units.

Third, the logistics enterprise tax planning case studies

Northeast of a group of companies in 2006 and restructured, its main business is the formation of the Corporation and packaging market. Restructuring of the Group companies, material procurement and warehousing functions remain in the surviving company. In order to take full advantage of the resources and access to the benefits of the internal transfer price, warehousing services business of listed companies is still provided by Survival Enterprises. Materials Procurement Group company previously reorganization unified management, material supply sector for the two non-independent accounting units, material supply services provided by its subordinate units there is no tax issues. After the reorganization, the listed companies and subsisting enterprises with independent accounting, tax-related issues the meantime because of warehousing services. The basic idea is to contract with the company, the accounting firm professionals to the company tax planning and this should be included in the scope of the business tax tax expenses included in the scope of VAT, in order to enjoy the benefits of input tax deductible. The main program is as follows:
Warehousing services in tax law based on, first, in accordance with the current provisions of tax law in China, should be paid a 5% sales tax. In 1994 the Ministry of Finance and State Administration of Taxation jointly issued by the Ministry of Finance, State Administration of Taxation on the value-added tax, business tax policies and regulations Notification, the fifth on purchasing goods taxation issues provides: "purchasing goods behavior do not meet the following conditions are subject to VAT, otherwise, the collection of sales tax. These conditions are: (1) the trustee does not advance funds; (2) the seller with the invoice to the Principal, by the trustees of the invoice forwarded to the Principal; (3) the trustee sales and VAT The settlement money with the principal and other charges.
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