Research On The Tax Burden Of Real Estate Development Enterprises In China

"Business Tax to VAT'reform is an important tax reform,the development of China's value-added tax system is of great significance.The advantages of value-added tax system is mainly embodied in two aspects:one is the ring net,there is no double taxation;two is a relatively fair tax burden,tax scope.In the process of design and implementation of the VAT system,the real estate industry is an important area that can not be ignored,but also relatively difficult to deal with.As an important industry of the national economy,China's real estate industry is not only closely linked with the country's economic trend,but also closely related to the daily life of ordinary people.This paper used the method of empirical analysis,select the A shares of 30 listed real estate companies as the sample,the listed companies in real estate development business,operating income and operating cost as the basic data,construct the measurement model to estimate the different value-added tax system set tax changes the real estate industry "before and after replacing business tax with value-added tax(VAT)";Then in the world of real estate development Limited by Share Ltd as a case,the company's main business of real estate development project based on "replacing business tax with value-added tax(VAT)" before the company's tax burden level,operating results are analyzed.It should be noted that,due to the real estate industry in May 1,2016,the full implementation of the camp changed to increase policy,the relevant industry data is not perfect,can only choose a case analysis of its annual data.The analysis results show that the influence of real estate tax in the value-added tax system,research results show that the value-added tax rate unchanged,the input tax deduction rate is high,"replacing business tax with value-added tax(VAT)" brings to the enterprise more tax cuts.In addition,specific to the enterprise,the high operating margin of the enterprise due to camp changed to increase the tax reduction effect is to be obtained in enterprises with low operating margin.Comprehensive consideration to ensure that the government's tax revenue and reduce corporate tax burden,the real estate industry camp changed to tax rate of 11%is more reasonable,at the same time,international experience shows that the scope of the input tax deduction should include land use rights.