A Study On The Impact Of Business Tax Value-added Tax On MT's Financial Performance

January 1,2012 onwards,the Ministry of Commerce in Shanghai transportation and business services to carry out a number of modern tax VAT pilot,opened the Chinese Camp changed to increase tax reform prelude.Camp changed to increase the purpose of tax reform is to eliminate duplication of business tax levy is an important measure for the implementation of structural tax reduction.Business tax and value added tax are the main categories of commodity tax in our country.However,unlike the value-added tax,the business tax has the disadvantages of double taxation and tax burden.With the development of our social economy,the coexistence of value-added tax and business tax has shown some drawbacks,for example,this approach is not conducive to play the advantages of value-added tax "neutral",resulting in VAT deduction chain breaking problem.In order to change the present situation and achieve the goal of structural tax reduction,the business tax reform vat has become the inevitable choice of our country.The research of domestic and foreign literature shows that since the implementation of the "camp changed to increase" policy,the effectiveness of the reform has gradually emerged,the corporate tax burden decreased significantly,increasing economic profits.At the same time,the small scale taxpayer transportation in the tax burden has been reduced to benefit more,from this point of view,"replacing business tax with value-added tax(VAT)" to achieve its purpose and expected effect,but the general taxpayer,some transportation tax but does not decrease,but increased the phenomenon.MT company is also affected by the camp changed to increase policy has a greater impact on the enterprise.Prior to the main business of the enterprise is to pay business tax based,and now has basically changed vat.Although belonging to the transport industry,camp changed to increase,but because each enterprise has its own particularity,so the impact of different enterprises or different.Through the quantitative analysis after exploring the reform of VAT enterprises in all aspects of how much influence,especially the influence of tax and profit of enterprises in the end is how,this paper will then need to focus on aspects and goals,these two points are important factors which influence the financial performance.This paper from the background of "replacing business tax with value-added tax(VAT)" starting with the transportation characteristic,and through a review and review of related research,research method research and normative theory with the combination of the tax data from MT company to support the effect of "systematically replacing business tax with value-added tax(VAT)" on financial performance the transportation industry,especially the impact on their profits and tax,in order to find a feasible solution and optimization scheme.On the basis of previous studies,combined with the practical problems when I practice learned in the MT company faced,this paper targeted to MT company and puts forward some suggestions,hoping to provide some help to the development of the company,namely the three aspects of company management,financial management and information management advice this is three points and suggestions,covering the main aspects of the company.In addition,for other enterprises of the same type,this paper also puts forward some suggestions:(1)get attention should be paid to the special VAT invoice.(2)to strengthen the training of accounting and tax personnel.(3)choose the right taxpayer.(4)change the business model.