Model Selection And Design Of The Value Added Tax Of China’s Financial Industry

The financial industry is the lifeline of the national economy, it is related toa country’s economic development and social stability, and plays an importantrole in the economic trade and macroeconomic contral,making a levy on financialindustry mode is the prerequisite to promote a country’s financial industry health,rapid development. In recent years, with the gradual expansion of China’s "campto add" pilot and coverage of the industry, China’s financial industry toimplement value-added tax point the day and await for it. In view of the fact thatimposed model of financial industry important to the future development ofChina’s financial industry, this paper carries on a research on China’s financialindustry to VAT model and propose the design ideas of this mode.Firstly, a description of the financial industry in the current business taxrevenue system, analysis of its necessity and feasibility, and summed up the twomajor problems facing China’s financial industry value-added tax reform, thetechnical difficulties and institutional problems.secondly, the typical mode of theinternational financial industry levy value added tax in order to avoid tax base isdivided into three categories in detail, analyses the advantages and limitations ofthe specific implementation process, through the comparative of the three typicalpatterns between, gain experience and Enlightenment from it, and on this basis,combined with the analysis of China’s financial industry development trend in thefuture the proposed tax model, suitable for the specific national conditions ofChina’s financial industry to VAT.finally, China’s financial industry is selected toimpose value added tax mode, the system design specific legislative research, thetaxpayer, the taxpayer, tax object, tax system, invoice management, levy valueadded tax on China’s financial industry, this part is actually the countermeasuresagainst the technical problems, and in order to solve the above problem in theproposed system, also gives the corresponding policy of building discussion. This paper aims at our country "camp to add" to be spread around theprocess of financial industry, the value added tax financial industry advancedexperience, to develop value-added tax mode suitable for China’s financialindustry in the future development, and carries on the concrete design and policyrecommendations on it, so as to provide reference system value added tax islevied on the reform of China’s financial industry, it is the research value of thisplace.