Optimization Of Value-added Tax Laws And Regulations In Financial Leasing Field

As a regulator of market resources,financial leasing is closely related to the real economy.Financial leasing industry promotes the implementation of the essential national policy "adjusting structure and promoting growth," and plays a very keen role in promoting the development of China’s air transportation,water transportation as well as small and medium enterprises decelopment and is also an irreplaceable part in our national economy.However,due to the fact that China’s financial leasing industry initiated late,and that there are some problems in the internal and external environment that its own survival and development rely on,the relevant tax legal system is not perfect enough,which caused some obstacles for the long-term development of the industry.As one of the elements effecting the development of financial leasing industry,the tax legal system,just like accounting,regulatory and trading rules,imposes a very far-reaching impact on the entire financial leasing industry.In recognition of the importance of the financial leasing industry,China has improved relevant system for the long-term development of financial leasing industry at the same time.In order to support the development of finance leasing industry,finance leasing industry has become the first batch of China’s "business tax changed into value-added tax" reform pilot project in 2011,and has also been included into the key areas of reform,which has achieved some success in such a short term.However,since the "business tax changed into value-added tax"reform started,due to some drawbacks in institutional design,the development of China’s financial leasing industry encountered some difficulties.This dissertation attempts to combine the goal of structural tax cuts of "business tax changed into value-added tax" reform and the "no repetitive tax" trait of value-added tax,and thoroughly analyze the dilemma of financial leasing industry in China,by drawing on foreign financing leasing industry tax legislation to explor system design for "business tax changed into value-added tax" reform in financing leasing industry,and thus promotes the sound and healthy development of the financial leasing industry.