Research On The Impact Of Comprehensively Launching "Replacing Business Tax With Vat" To The XY Passenger Transport Company's Tax Burden And Countermeasures

The transportation industry,as one of the first industries included in the “Replace Business Tax with Value-added Tax” pilot project,has been operated for around seven years and has undergone a complete process.With the comprehensive promotion since May 1,2016,the deductible scope has been further expanded,which means it would inevitably have more impact on the tax burden of the transportation industry.Under the above background,a large number of documents were consulted,combined with the process and effect of the “Replace Business Tax with Value-added Tax” of the transportation industry.Taking the XY passenger transportation company as a case,the tax balance point analysis and comparative analysis of the company's 2013-2017 financial were used to calculate the turnover tax and the tax burden of the comprehensive under the situation of expanded reform,and the results are compared.It can be concluded that if the VAT chooses the simple tax calculation method after the“VAT reform”,the tax reduction can be reduced.If the general tax calculation method is selected,the tax burden of the turnover tax and the comprehensive tax will increase.After the comprehensive reform,the increase in tax burden showed a downward trend.The reason is that XY passenger transport company only had a small deductible cost of fuel consumption and other proportions in the initial stage of reform,and the deduction effect was less than the tax rate effect,resulting in a significant increase in tax burden.However,with the implementation of the comprehensive reform,the number of deductible items such as vehicle insurance premiums,bridge crossing fees,and new real estate increased,resulting in the decreased tax burden of value-added tax compared with the initial period of reform.In this regard,XY Passenger Transport Company should do make a good preparation ofcollecting taxes,enjoy preferential policies for simple tax calculation,expand the investment in fixed assets.At the same time,it should strengthen the acquisition of deductible vouchers through training to improve employee-specific invoice awareness,and through reasonable selection of partners,part of labour outsourcing and partial business intelligence to increase the proportion of deductible costs,reduce non-deductible items and reduce tax burden,so as to improve development of enterprises.