The Tax Research Report Of Z Life Insurance Company In Anhui Province Branch About Replacing BT With VAT

With the full implementation of the pace of the increase,after May 1,2016,this reform had entered a new chapter.The reform working as a effective measure for structural tax cut is an another major initiative,followed by the tax reform and value-added tax transformation.The purpose of the reform is to change the situation that ratio of tax turnover,among all the taxes,is too high and the form the double-body structure including the transfer and the income,to make sure that taxation imposed on people is fair and reasonable,and promote the transformation of the economic structure.Taxation associated with personal life and business operations,the implementation and impact of this policy has also aroused widespread public concern and has had a significant impact on each side involved in the reform.The research report seizing the hot spots and conducting field research to the new inclusion in the scope of the reform of insurance companies,studied the problems encountered and impact of policy during the specific implementation.In the past,the research calculated most on the tax burden of insurance companies in the "increase" in which the data is based on the company's annual report and the head office served as the research object,lacking the micro-sample material.This paper starts from the secondary institutions to make a discussion adopting the form of research reports on the tax situation.First of all,after the basic situation of business management in the Z life insurance company in Anhui Province was known,company's income structure was then focused on,value-added tax situation of the corresponding month after the reform was briefly analyzed,and the comparison between both was made through calculating the amount of business tax by the system,followed by thinking the situation of Z life insurance business tax.Secondly,the data analysis shows that the value-added tax rose in the beginning,followed by the declining trend,analysis was made in two aspects of the value-added tax items and entry.Life insurance business taxable sales accounting for a lower proportion of deductible,deductible terms mainly focuses on the expenditure of the business management fee,in which it is very important to distinguish the quality of cost of expenses,and the fact that the "increase" influenced on the operation of the company in many ways could be summed up.Finally,through the analysis of the two aspects of actual situation of the tax burden researched and the impact of the various aspects,the existing policies behaviorresponded for enterprises researched were focused on and the places needed to be paid attention to during business process in the future were proposed,including the matters needing attention during the procurement process,the strengthening of invoice acquisition and certification,etc.I hope that the research report could provide a good reference for the well-operated management of the life insurance companies of provincial branches.