Study On The Change Of Tax Burden And Tax Planning Of Construction Enterprises Under "Transformation From Business Tax To VAT"

With the financial industry,construction,real estate and life services into the "transformation from business tax to value-added tax(referred toVAT)" pilot range on May 1st 2016,the whole industry into the era of VAT.As a pillar industry of the national economy,the output value of the construction industry is generally maintained at a level of3% to 4%.The tax reform is a subversive reform for the construction industry.In order to explore the possible changes in the tax burden of construction enterprises under the reform,and to reduce the possible adverse effects of tax reform,it will seize the opportunity of tax reform and enhance the competitiveness of enterprises in the over competitive environment.Therefore,it is of great significance for the construction enterprises to study the tax changes and tax planning under the "transformation from business tax to VAT".On the basis of thoroughly studying the concept of value-added tax and tax planning and the pilot scheme of "transformation from business tax to VAT" in construction industry,selecting the turnover tax,income tax,total tax burden and net profit Index,this thesis adopts the theory and practice method to explore the impact of tax reform on construction enterprises tax burden.First of all,theoretically,the thesis analyzes the change of the tax burden of the construction enterprise before and after the tax reform.Secondly,taking a building project as an example,this thesis analyzes the input tax cost of the project cost deductible,and estimates the cost ratio to obtain the deductible ratio,and calculate the change of the project before and after the tax reform.Finally,combining with the financial data of 48 listed construction enterprises,the thesis analyzes the influence of tax reform on construction enterprise tax burden.In addition,this thesis puts forward a set of value-added tax planning scheme for the purpose of raising the profit after tax,aiming at the business activities of the construction enterprise,from the project activities,biddingand leasing activities and enterprise management activities respectively,and applying it to A building project for empirical research.From the A construction project and the data of 48 listed companies,the turnover tax burden increased,the income tax burden decreased,the overall tax burden increased,net profit decreased after the tax reform.In order to make the construction enterprises through the reform period smoothly,this thesis studies the tax planning from the construction business activities.Taking the A construction project as an example,after tax planning,the turnover tax burden decreased by 32.36%,the income tax burden increased by 2.77%,the overall tax burden decreased by 23.99% and the net profit increased by 2.77%.