Effects And Countermeasures Research Of The VAT Replacing The Business Tax In BY Company

At the beginning of 2016, Premier Li Keqiang chaired a forum to speed up tax reform, comprehensively promote the "Camp changed to increase" significantly reduce the corporate tax burden, mobilize development initiative. National financial work conference, Finance Minister Lou Jiwei proposed to fully open "Camp changed by" reform of the construction industry will soon be included in the scope of the tax reform. This means that, after four years of "Camp changed by" or ending in 2016 overall, sales tax or will exit the stage of history. The tax reforms follow the development trend, its significance lies not only in the tax system conversion, but also in the overall promotion of VAT in all walks of life, to reduce the tax burden, regulate the effect of tax work. "Camp changed to increase" will be an important measure to promote the development of service industry and other industries and the revitalization of the social economy.All along, the construction industry is one of the pillar industries of the national economy, due to its environment is more complex, the need for tax reform, will have a broad impact in various industries, its "Camp changed to increase", one is perfect of the VAT tax system, deepen the requirements of tax reform. For the construction industry, "Camp changed by", can effectively eliminate the Construction Industry sales tax system double taxation problems caused by the construction companies to reduce the tax burden, improve the status of tax unreasonable within the industry, conducive to construction companies, construction industry healthy growth. Steady progress in the sustainable development of the social sector needs tax reform. Thus, the construction industry, "Camp changed to increase" has been the general trend.Firstly, on the "Camp changed to increase" in the background and significance of the related presentations, followed by sales tax and VAT related to the concept of interpretation, and by the characteristics of the two tax comparison, leads in China's construction industry business tax system currently in place, many problems, indicating the necessity of "camp changed to increase," the construction industry. At the same time, but also on the construction industry, "Camp changed to increase" for the analysis of difficulties. In order to study the construction industry, "Camp changed to increase", the building companies will produce what kind of impact, the article listed companies in the construction industry BY construction companies for the study, analyzed from corporate finance, tax administration, operation and management. BY Construction Enterprises using financial data, assumptions have been made, "Camp changed by" building enterprise computing tax, changes in fixed assets and other financial indicators. The study found, fixed assets, cost, the amount of revenue recorded BY construction enterprises are certain to change. Meanwhile, in theory, BY construction tax burden significantly reduced. It also reflects, to achieve the purpose of tax cuts, construction business management and tax administration must also meet higher standards. Finally, "Camp changed by" series on construction enterprises BY caused by construction companies for BY proposed recommendations accordingly. Indeed, tax reform long way to go, the wide coverage, a huge influence on the construction industry, "Camp changed to increase" in advance, the requirements of the industry chain various corporate tax on their own well-managed, but also need the government to give some Policy Support.