Study On The Impact Of China Industrial Bank For Business Tax Transfer To VAT

Beginning in May 2016, the pilot project has been extended to the financial services industry. Beginning in July,the banking industry to complete the first declaration of value-added tax work, which means China's banking industry completed the "camp" by the smooth transition period,China's commercial banks to adapt to the times change, adjust the business development structure, enhance international market competitiveness has an important practical role, but also on China's economic development and social stability has a profound effect."Business Tax transfer to VAT" from the literal meaning of understanding,that is,from the past to pay part of the business tax into the future in accordance with the value-added tax method to pay V AT. With the rapid development of modern economy,for the supporting social and economic system construction requirements are gradually increased,but also caused the corresponding tax management is also more and more difficult. In order to solve the problem of taxation of business tax in China's tax policy,the tax policy of "Business Tax transfer to VAT" is gradually established,which includes the important part of financial service industry.China Industrial Bank Co., Ltd. is the People's Republic of China State Council,the People's Bank of China approved the establishment of the mainland's first joint-stock commercial banks, headquartered in Fuzhou City, Fujian Province,registered capital of 19.552 billion yuan. Owned subsidiary of Industrial International Trust, Industrial Finance Leasing, Industrial Fund, Industrial Consumer Finance, Industrial and Industrial Asset Management and other subsidiaries, formed a bank as the main body, covering trust, leasing, fund, securities, consumer finance,futures, asset management Such as the modern financial services group. The choice of Industrial Bank as a research object, has a strong representation.This paper analyzes the impact of the policy reform on the Industrial Bank from the reform of China's tax system, and studies the impact of the "Business Tax transfer to VAT" on the Industrial Bank through five parts and puts forward the corresponding suggestions. The first part is the introduction part, introduces the research significance and the related background of this thesis, and summarizes the related literature, and then introduces the research method and innovation of this paper. The second part summarizes the background of the revitalization of the Industrial Bank, mainly introduces the current situation and main business and the financial situation of the Industrial Bank, and then analyzes the necessity of the implementation of the policy of will produce the effect. The third part analyzes the impact of the "Business Tax transfer to VAT" policy on the business model, business structure and financial management of Industrial Bank. The fourth part analyzes the reasons and the existing problems of the increase of tax burden after the implementation of the policy of"Business Tax transfer to VAT" by Industrial Bank. The last part of the Industrial Bank in the implementation of the "increase" in the process of making some suggestions.