Analysis Of The Impact And Countermeasure Of "Replace The Business Tax With A Value-added Tax" On Real Estate Enterprises

Since VAT is imposed in France,because it only taxes value-added,that is to allow the tax to be deducted from the previous one,the problem of double taxation has been solved effectively and quickly spread to many other countries outside Europe.In 1979,China began to implement the value-added tax system.But the long-term business tax and value-added tax both coexist situation made local financial pressure increasingly serious.The interruption of the tax deduction chain lead to frequent business trips,multiple taxation and industry direct interest chain can not get through.All the disadvantages are not conducive to the growth of the service economy and its balance between business and industry development.On November 16,2011,the implementation of the "pilot change pilot program" marked the beginning of the reform of the tax system in China.March 18,2010,the State Council executive meeting stipulated since May 1,the construction industry,real estate and all applicable business tax industry into the pilot area,and the pilot program was fully opened.In this paper,the overall policy of tax reform in the construction industry,real estate,financial and other aspects is the basis of the study.This paper presents the background of tax reform,domestic and foreign literature and related theoretical basis,combines with the recent development of the real estate industry characteristics and analyzes the specific impact of the tax reform bringing to the real estate industry.First of all,this paper from the perspectives of the tax burden,operating conditions,and the future development trend,analyzes the expected theoretical impact brought by the tax reform to the real estate industry.In theory,The tax reform will reduce the tax burden of turnover tax,urban construction tax and education surcharge on the real estate industry and increase the land value-added tax and corporate income tax burden.But the overall tax burden is lower than before.After the tax reform,real estate business profits will increase and short-term cash flow is revitalized.So the business situation is getting better.In addition,in the future development trend,real estate companies will be more inclined to choose fine decoration of commercial housing and commercial space.The pricing policy will also be different for business and individual users.Secondly,this paper combines the actual situation of S real estate company and analyzes the change of tax burden and operating conditions before and after the reform.The conclusion is tax burden has increased due to the reform,which is inconsistent with the previous theoretical analysis.And further analysis of the causes of the differences is discussed in the paper.Finally,this paper according to the problems of S real estate company during the process of tax reform gives some countermeasures and suggestions:One is to strengthen the value-added tax invoices management and improve staff professional ability level;The second is to strengthen the level of procurement control and select high-quality suppliers;Three is to strengthen the pricing management and change marketing strategy;Four is the product and the regional strategy adjustment.