Study Of Shi Zuishan Bank' Tax Planning Under "Change Sales Tax VAT"

Although China's tax system reform commenced in 1994 has eliminated double taxation to a certain extent,the elimination is not complete and there is quite serious double taxation in the whole national economy.On March 24,2016,the Ministry of Finance and the State Administration of Taxation of P.R.C.jointly promulgated the Notice on Comprehensively Carrying out the Pilot Project of the Value-added Tax-for-Business Tax Reform,making clear that all taxpayers of business tax engaged in the industries of building,real estate,financing and living service shall be incorporated into the pilot scope since May 1,2016.So far,the eye-catching value-added tax-for-business tax reform has been basically put in place.Commercial banks,as the core of financial system,play an important supporting role in the development of national economy.How to reasonably reduce tax burden by tax planning to sharpen their competitive edge in market economy has become a problem attracting the attention of many commercial banks.This article takes Bank of Shizuishan as an example to study how commercial banks carry out tax planning on the background of the value-added tax-for-business tax reform.According to the actual financial conditions and tax planning conditions of Shizuishan Bank,this thesis has made intensive analysis on the tax change to the enterprise from "replacing business tax with value-added tax",and.analyzed how Shizuishan Bank to drop the tax cost via tax planning under the background of"replace business tax with value-added tax" after comparing several tax planning schemes from the value-added tax and enterprise income tax,and introduced the expected effect of the tax planning scheme with specific data.At last,this thesis proposes a series of assurance measures for the tax planning scheme to ensure the implementation effect of the tax planning scheme.