The key to the smooth implementation of customs planning is to use various tax-saving techniques. Tax-saving techniques refer to the technical means and operational skills that legally and reasonably make taxpayers pay as little tax as possible. On the basis of the theoretical research and practical operation of customs planning, the tax-saving techniques widely used in customs planning can be summarized into six types: tax-free technology, tax reduction technology, tax rate difference technology, credit technology, tax deferral technology and tax refund technology. These six tax-saving techniques can be used alone or in combination. However, if two or more tax-saving techniques are used, it is necessary to pay attention to the mutual influence and relationship between various tax-saving techniques.
Tax exemption is a preferential or reward measure given by the state to taxpayers for specific regions, industries, enterprises, projects or situations (specific taxpayers or specific taxable items of taxpayers, or due to special circumstances of taxpayers) to completely exempt from tax.
Tax exemption can be a tax preference method of the state, or a tax reward method of the state for its policy needs. It is an economic means to implement national policies. For example, my country’s tax exemption for agricultural production in some areas that have suffered serious natural disasters for a certain period of time is a tax care for the state to help those areas resume production. For example, my country grants tax exemptions for a limited period to qualified domestic and foreign software development companies, which is a tax reward for the country’s policy needs. This type of tax can also be called tax incentives, tax encouragement, tax stimulation or tax incentives.
Tax exemption policies can be found everywhere in the tax laws of various countries. They are an important part of the tax systems of various countries and the legal source for the legal planning of tax savings using tax exemption technology.