The Impact Of "Business Tax Replaced With VAT" On Telecom Enterprises

As a pillar industry and strategic industry in China, Telecommunication industry is not only a pivotal role in the development of the national economy, Telecommunication industry but also has a strong correlation with other industries as the core of the whole communication industry chain. Through the development of the telecommunications industry, it can greatly promote the development of the entire information industry, and the development of this industry will further promote the rapid growth of the entire national economy. In this paper, through the analysis of the influence of the "Business Tax Replaced with VAT" on all aspects of telecom enterprises, the telecom enterprises to actively respond to business tax to VAT transformation reform proposals aimed at helping telecom enterprises to achieve more long-term development of health.This paper mainly adopts the method of combining theory and case analysis. Firstly, this paper elaborate the telecommunications industry "Business Tax Replaced with VAT" related theories, analyzes the impact of "Business Tax Replaced with VAT" on all aspects of Telecom Enterprises. Secondly, the three major telecom operators in China Unicom as the representative, in the first half of 2014 and the first half of 2015, the financial data as the basis, analysis of China Unicom in the tax reform before and after tax changes and the reasons for the changes. Thirdly, on the basis of this, the paper puts forward the suggestion of the telecom enterprise to deal with the tax reform. Then it uses the method of comparative analysis to calculate the main changes of the tax system and the operating results of China Unicom, and then summarize and analyze the impact of the tax reform on the financial results of the telecom enterprises, the impact of the business costs, the impact of the nature of investment and the impact of tax management and information system. Finally, after tax reform, telecom enterprises should strengthen the management of the business and finance, standardize the management of invoices, strengthen personnel training, strengthen tax planning, and improve the information system and so on.