| Transformation from business tax to value-added tax means replace the business tax with a value-added tax in current business tax taxable service.The transform is an important measure that the Party Central Committee and the State Council setting according to the requirements of the current economic development situation.The purpose is to deepen the supply side structural reform,structural tax cuts,so as to mobilize the vitality of economic development and promote China’s industrial upgrading and consumption upgrade.It is an important content of reform of taxation that Chinese government is being implemented and attracted much attention.At present,our country residents living material consumption has been basically satisfied and is developing toward education and training,audio-visual entertainment and other spiritual service-oriented consumption.Film industry is of great significance to improve the cultural soft power of our country as an important part of the cultural industry,but also to promote the development of other industries.Study on the film industry replacing business tax with value-added tax is helpful to analyze the effectiveness of the reform.That not only related to the development of the film industry,but also has important significance to next step of replacing business tax with value-added tax comprehensive work.This article base on the background of transformation from business tax to value-added tax,combined with the characteristics of film industry,reading the relevant literature and analysis the transform policy’s influence on the tax burden of the film industry.Firstly,it introduces the present situation of the film industry.Then it discusses the influence mechanism of tax burden of the film industry including tax burden and performance.through the data of listed company of film industry analysis transformation from business tax to value-added tax make impact on the film industry of the of the tax burden on the film industry.The turnover tax,income tax and comprehensive tax burden of the film and television industry show a downward trend,and initially achieve the policy effect.then analysis the change of tax burden of film industry.Next,the specific analysis of the film industry chain tax burden changes.Respectively Huayi Brothers Media Corporation and Wanda Cinema Corporation on behalf of the film industry chain upstream and downstream enterprises.for the upstream chain enterprises of film industry,the income tax burden,the income tax burden and the comprehensive tax increased,and have not reached the effect of tax reform.Because most cost of upstream chain enterprises is labor costs,rental costs and props rental rental costs,And deductible cost is few for the downstream chain enterprises of film industry turnover tax burden,income tax burden,comprehensive tax burden are decline because of a substantial increase in the proportion of fixed deduction.Then through the empirical analysis the performance of the film industry from the data of the listed companies.It is concluded that the reform has a significant negative impact on business performance.The implementation of policy leads to the decrease of enterprise performance.This may be government and enterprises need some time to adapt to the new rules,There are still some problems in the connection of relevant policies and systems.it lead to business performance decline in a short time.Finally,it shows that the implementation of the policy of battalion change will influence the development of film industry.Then,give the relevant recommendations from aspects of government and enterprise,the government can reduce the tax burden of the film industry by expand to the scope of value added tax deduction,refinement of fixed assets deduction policy,establishment of film industry financial assistance fund.the enterprises can reduce the tax burden and improve operating efficiency by establish and improve the enterprise financial accounting system,reasonable arrangements for fixed asset investment and refine the cost of accounting,adjust the business model,for value added tax planning.all of these measures will promote the healthy development of the film industry and enhance the international competitiveness of China’s film industry. |
