Research About Tax Planning Of ZS Company Based On The Change From Business Tax To Value-Added Tax

At January 2016, Premier Li Keqiang chaired a forum, in which a decision was made that to regard the deepening of "the Change from Business Tax to Value-Added Tax" as an important part of fiscal and tax reform. With the remarkable achievements that the "the Change from Business Tax to Value-Added Tax" pilot has acquired, its comprehensive promotion has also been accelerated. Since the implementation of value-added tax and business tax, theorists on the "the Change from Business Tax to Value-Added Tax" issues were discussed extensively. China is among the period that adjusts its economic structure, optimizes its industrial structure, and promotes its industrial transition. As a consequence, government should create a good tax environment for industrial restructuring. "The Change from Business Tax to Value-Added Tax" will effectively avoid duplicate taxation issues, which is conducive to the development of modern service industry, and to both the promotion of China’s economic development and economic restructuring.In this paper, the research is conducted according to the ideas as followed, the basic theory, situation analysis, study effect, pointing out problems, proposing countermeasures, case studies, and summarized. Firstly the background and significance of research was elaborated. Then through the demonstration of the impact on the modern service industry tax planning resulted from " the Change from Business Tax to Value-Added Tax ", and problems and solutions, especially for the case demonstration of tax planning of modern Shandong ZS services Group under impact of "the Change from Business Tax to Value-Added Tax". Through the analysis of practical implications of "the Change from Business Tax to Value-Added Tax " on ZS company, we found that the tax burden of it is alleviated compared to the implementation of the "business tax". Meanwhile, through the measurement and analysis of its financial indicators, we found that the company’s operating capacity, profitability and short-term solvency have been improved, which is conducive to the healthy development of the company’s financial. Meanwhile, the company can expand the scale of investment further. So the significance of tax planning in the modern service industry from "the Change from Business Tax to Value-Added Tax" can be demonstrated both in the theoretical and practical operation.Since the implementation of "the Change from Business Tax to Value-Added Tax" from 2012, its effect of relief the tax burden of the corporate is obvious, at the same time, China is also faced with the rapid development of modern service industry. It can be seen that the modern service industry under the development of the "structural adjustment", through reasonable tax planning, must be able to achieve the corporate tax cuts under "the Change from Business Tax to Value-Added Tax", so as to increase its profitability, and enhance the competitiveness of enterprises.