Business Tax Paid Vat Impact On Corporate Financial Performance

The research object of this paper is the business tax paid VAT to the enterprise financial performance, the influence of business tax change paid VAT is a major reform of the circulation tax system in our country, is to further advance after consumption-based value-added tax reform. Of breaking the previous business tax to change the purpose of value added tax is the tax system pattern of business tax and value added tax is neck and neck, double taxation, goods and services in the circulation links to implement comprehensive value-added tax. It helps to deepen the development of relevant industries, be helpful for the establishment and integration of economic transformation, economic development of the tax system environment.In this paper, in order to study the business tax paid VAT impact on enterprise performance. First of all, a large number of collected references and scholars in this area by the first with the change about the business tax paid VAT issued by the state policies, is in reference on the basis of the references and policy, select a listed company in Shanghai as a case study object, this paper combined with the disclosure of the financial statements of listed companies, using comparative analysis, chart tool method, comparative analysis before and after the business tax paid VAT instead of turnover tax, income tax, profits, cash flow, the influence of the change and it is concluded that the implementation of the business tax paid VAT is advantageous to the enterprise tax savings.But this article because some data may involve the company secret, so only a part of financial data analysis, the conclusions are limited to the scope of this article, does not represent the reality of the real condition of enterprise, we just focus on the method, the method can be well versed in various enterprises, but the conclusion is only applicable to the target enterprise. So we are on the basis of further analysis of the reason that the company can come to the conclusion of factors, of course, any conclusion the formation of not only single factor, it is the result of comprehensive under the influence of various factors.Through the study of business tax paid VAT instead, found in the process of business tax paid VAT implementation instead there are still some problems, restrict the smooth implementation of the policy, we implement the policy is expected to structural tax cuts, but we found that the implementation is not the case. A tax deduction for example, in part, not all in the current tax system can make out an invoice, can achieve deduction, average taxpayer for average taxpayer is better, if the average taxpayer for small-scale taxpayers, to reach the standard deduction is hard to get the invoice.And like in service industry occupy larger proportion of labor costs, at present is not within the scope of VAT deduction, this article discovered the impact of policy implementation in the process of research problems, puts forward some suggestion to perfect the tax paid VAT instead, hope to further improve the business tax levy value-added tax policy for the government to provide important reference.