Research On The Tax Effect Of "Business Tax Replaced With VAT" To H Real Estate Enterprise

In 2016,the provision on Circular on Launching the Pilot Project to Replace Business Tax with VAT in an All-round Way was issued,and the real estate industry has begun to carry it out since May 1,2016.The real estate industry has attracted much attention due to its important position in the national economy.The change of tax type will bring great change to the tax burden,profits and invoice management of the real estate enterprises.The most direct influence that the transition from business tax to VAT brings to the real estate enterprises is the change in tax burden,the decrease of which depends on the input VAT credit of the enterprises.Under such circumstances,this paper starts from relevant theoretical researches at home and abroad and firstly defines the concepts of business tax and VAT.Based on that,the paper carries out a simulation analysis of the change of enterprises' tax burden before and after the transition and further explains the influence of the transition on real estate enterprises' tax burden by combining the current development situations of China's real estate industry and taking the actual tax burden rate of the real estate enterprises as a breakthrough.By taking a typical case,the tax burden change of H real estate agency,as an example,this paper demonstrates the scientificity and necessity of replacing business tax with VAT.Meanwhile,some advice and suggestions are given for H real estate agency to deal with the risks and problems confronted with in the process of the transition.Any criticism or suggestion for revision is welcomed if there is deficiency.