Research On The Problem Of Financial Leasing Industryin China’s "substitute The VAT For Business Tax

At present, At present, China’s macroeconomic situation has undergone tremendous changes, Overall, compared with developed countries, China’s tax burden is relatively high. In order to alleviate the the enterprise financial burden to remove the double taxation of business tax, the value added tax deduction chain incomplete, the business tax incorporated in the value-added tax, there is a necessity.November 17, 2011, the Ministry of Finance, the State Administration of Taxation issued Cai Shui [2011] No. 110 document "on the issuance of the notice of the business tax levy value added tax pilot program" Cai Shui [2011] No. 111 document "in Shanghai to carry out the transportation industry and modern service industry business tax reform value added tax pilot "which provides that from January 1, 2012 in Shanghai" camp changed to increase the pilot reform pilot. Shanghai January 1, 2012 the first round of the pilot to select the transport and six parts of modern service industry, tangible personal property leasing industry is part of the pilot range of modern service industry. I chose tangible personal property leasing industry mainly due to the following aspects: First, the tangible personal property leasing, financial leasing industry developed as a country’s economic and social development; selection and manufacturing closely related to finance lease industry pilot, you can reduce the industrial division of labor refine existing double taxation, in theory, not only conducive to the development of financial leasing industry, but also conducive to the manufacturing industrial upgrading and technological progress; tangible personal property leasing industry as the first batch of pilot the only general taxpayer to the industry rate of 17%, the rationality and applicability of the tax policy has been a wide range of discussion and concern.This paper is divided into six chapters. The first chapter is the introduction altogether, mainly elaborated the background and significance of this study about of VAT instead of business tax. The second chapter related basic theory analysis about VAT instead of business tax..The first section of this chapter mainly relates to the modern service industry, the meaning of VAT instead of Business tax and essence of VAT instead of Business tax. "to replace business tax with value-added tax(VAT)" principle and process. The third chapter, analyzes the mechanism of the business tax reform VAT and the impact on the enterprise. on the development of financial leasing industry pilot areas are summarized The fourth chapter, emphatically discusses to replace business tax with value-added tax(VAT). which influence on the financial leasing industry. The fifth chapter, the paper analyzes the difficulties existing in the current financing lease industry reform of tax system and cause analysis The sixth chapter, the paper analyzes the direction of the further reform and supporting measures. The last part is the conclusion and prospect.With the August 1, 2013 "Camp changed by" pushed across the country, more and more finance leasing companies will be incorporated into the scope of the tax reform, "Camp changed to increase the industry and the impact will be more and more far-reaching.