Impact Of Business Tax Reform To VAT On The Catering Industry

Catering industry is through instant processing production,business sales and service into an organic whole.Labor special offers all kinds of drinks,food,consumer to consumer venues and facilities of food production or marketing industry.Catering industry is a pillar industry of the tertiary industry in our country.It plays an important role in the social development and people's life.Camp to increase scope expanding and eventually replace the business tax,VAT is the main direction of our country tax system reform.On May 1,2016 to increase comprehensive camp,the business tax was officially droped out in China history,value added tax entirely replace the business tax.Catering industry from this time node from the business tax changed to value added tax.What influence does the tax Burden on the catering industry have because of business tax reform to VAT?In this paper,the first chapter briefly describes the research background and significance,domestic and foreign literature review.The second chapter expounds the role of tax policy to the catering industry,respectively from two aspects of development of catering industry.catering industry tax is discussed.Tax policy influence the direction of development of the catering industry.Tax policy by the preferential tax policy,the new policy introduced and the abolition of the policy directly or indirectly affects the overall tax burden of the catering industry.The third chapter tells the story of the camp to increase the impact on the catering enterprises,respectively from the catering enterprises operating results and tax,tax declaration and invoice management,elaborates the three aspects of value and cash flow of the asset.The fourth chapter is data analysis,this chapter is key,by introducting of data,with company B as an example it analyzed the restaurant industry to increase taxes after the camp change situation and existing problems(invoice management,the overall tax burden,accounting issues).The fifth chapter is policy recommendations and the key chapter.The invoice management awareness,strengthening invoice management,avoid tax-related risks,perfecting the accounting method of three policy suggestions is proposed.