Research On The Impact Of WJ Logistics Company By "Replacing Business Tax With Value-Added Tax"

"Replacing business tax with value-added tax(VAT)" is a major measure of fiscal reform in China. For the country, "BT to VAT" can enrich the national financial revenue, reduce the fiscal deficit, maintain the country’s financial subsidies, adjust the collection and management system of the national tax and local tax, promote the improvement of national tax system. And for the enterprise, on the one hand, through structural tax cuts can make the enterprise light and to better cope with the international competition. On the other hand, it can make the enterprise adjust internal structural, specialization and strengthen their own competitiveness. Therefore, either the state or the enterprise, "BT to VAT" are of great significance. However, from 2012 in Shanghai pilot transportation to 2015 nationwide major industry development situation, "BT to VAT" early exposed some problems, such as restrictions due to not fully covered by the business tax industry, and VAT taxpayers different identity taxation mode, the chain of deduction is not perfect; in order to balance the tax burden, reform use the multi-level rate. However, the tax rate model is only as a temporary means, not for a long time, aggravating the tax burden of traffic transport industry, departure from the target of structural tax cuts and so on. Because of the emergence of such problems, the majority of scholars began to explore how to better promote the " BT to VAT "changed to increase policy, so that it can play the expected economic effects.Therefore, this paper tries to introduce the typical case of the transportation industry in WJ Logistics Company, hope to find common causes of tax increase and specific measures be proposed.Firstly, This paper introduces the concept of business tax and value-added tax, expounds the reform process and the significance of the "BT to VAT", as the basis for the analysis of the following. Secondly, introduces the background of the logistics industry status and the development of the logistics industry in the "BT to VAT", and then introduces the basic situation of WJ logistics company,including the company’s business profile and the main tax changes. Again, analyzes three aspects of the corporate tax burden and financial case and operations under the effect of "BT to VAT",this analyzes from two aspects of positive and negative. In the aspect of tax burden focuses on the negative influence of "BT to VAT" and positive impact on the enterprise income tax and turnover tax. Focus on the financial aspects of the "BT to VAT" on the WJ logistics company profits, cash flow and financial indicators, the analysis of profit from revenue, cost, business tax and other aspects of the additional. In the analysis of financial indicators selected operating capacity, profitability and development capabilities of these three commonly used financial indicators, and pointed out the amount of change and analysis of the reasons. Introduces the positive impact on procurement channels and development strategy and the negative impact on the company’s business model and management model. Finally, in the analysis of tax and financial management, the thesis puts forward measures from three angles."BT to VAT" structural tax plays an important role in promoting the development of enterprises, but in the implementation process of the logistics industry has not reached the expected objective. Through WJ logistics company’s performance analysis concluded:rate increased, deductible input problems lead to increased WJ logistics company turnover tax burden, thereby reducing the company profit, deterioring the company performance indicators,affecting the company’s management and management model.Thus can be from three aspects to reduce the tax burden. From the tax burden to expand the scope of VAT deduction, and from the financial point of view to increase the invoice management and personnel training.Finally, Then from the point of view of the operation to adjust the development strategy, change the traditional business model. Hoping to ease the current tax burden for WJ logistics company,also provide reference for other logistics enterprises to reduce the tax burden.