摘要：现代企业是一个独立的法人，其资金都要通过筹集而形成。筹资是企业进行生产经营活动的首要前提，筹资活动也是财务管理活动的重要内容。财务管理的主要对象是现金的循环与周转，而税收的支出使得企业的现金流出企业，因此，税收因素是企业进行财务决策时必须要考虑的因素之一。

　　　税收因为其特有的性质——强制性、无偿性和固定性，使得纳税者处于一个相对弱的地位。企业如想获得更多的税后收益，就很有必要对税收进行筹划。不过，企业在进行税务筹划的时候必须将它与偷税、逃税、漏税、抗税区分开来，否则会给企业带来额外的税收损失。

　　　本文通过介绍不同筹资方式对企业税负的影响以及不同方式下税务筹划的实务操作，说明税收是企业筹资时必须考虑的重要方面。同时指出，在做出筹资决策时，要提前做好税务筹划的风险控制，这样才能使企业在复杂的市场环境中，最小地减少损失，保持收益。

关键词 筹资活动；筹资方式；税务筹划；风险控制

Abstract：Modern enterprise is an independent legal person,funds should be formed by raising. Financing is the first premise of enterprise production and business operation activities, financing activities is also an important content of financial management activities. The main object of financial management is the circulation and turnover of cash, and tax expenditure makes the cash outflow of enterprises, therefore, the tax factor is the enterprise financial decision-making must be one of the factors to consider.

　　　Tax because of its unique nature of mandatory , free and fixed ,leaving taxpayers in a relatively weak position. Enterprise if want to get more tax revenue, it is necessary to carry out tax planning. However, enterprises in tax planning time must be it with tax evasion, tax avoidance, tax dodging, distinguish, otherwise will bring additional revenue losses to the enterprise.

    In this paper, through the introduction of the effect of different financing methods on enterprise tax burden and tax planning practice,  shows that tax is one of the important aspects must be considered when making financing decisions. Pointed out at the same time, do the tax planning risk control in advance,.So as to make enterprises in the complex market environment, reducing loss minimum and keeping the earnings.

Keywords  Financing activities  Financing Modes  tax planning  Risk control