| January1,2009, the State Council officially implement the value-added tax reform, that allows all parts of the country, all sectors deducted the full input payment of the newly purchased equipment in calculating the amount of tax. Mark of China’s value-added tax reform is an important step, to enhance their development potential, our enterprises to improve the competitiveness and ability to resist risks, to overcome the international financial crisis on China’s economy brought adverse effect plays a very important role. Full implementation of the consumption-type VAT could reduce the tax burden, increase the profits, stimulate business investment will and encourage the technological transformation of enterprises. Based on the former research results, This research will start with the theoretical analysis of the impacts of this VAT reform on tax burden, investment, profit and profit distribution, the competitiveness of enterprises for private enterprise. After that, quantitative analysis of the impacts of this VAT reform for "Violef".Finally, put forward several proposals for the enterprises making better use of new VAT policies to private business development. |
