The Best Practices in Tax Planning for Biotechnology Breeding Companies
In the context of globalization and technology-driven economies,biotechnology breeding companies play a crucial role in ensuring global food security and addressing climate change.However,they also face chal-lenges such as high costs of technology transfer,uncertainty in market acceptance,and complex and evolving tax policies.This study explores the tax planning practices of these companies in the current economic environment,with a particular focus on analyzing the key tax challenges they face and their mitigation strategies,aiming to pro-pose effective tax planning recommendations.The research emphasizes the importance of sound tax planning in reducing tax burdens,optimizing cash flows,and enhancing market competitiveness.It highlights the significance of utilizing national tax incentives,implementing effective international tax planning,and managing tax risks.This study provides biotechnology breeding companies with tax planning references and guidance to facilitate their sus tainable development.
Biotechnology breedingTax planningTechnological innovationInternational taxationSustainable development