Replacing Business Tax With Value-added Tax On The Financial Effects Of Railway Transport Enterprises

" Replacing Business Tax with Value-added Tax”is a key measure for reducing burdens and tax reductions for the country and catering to the reform of the supply side in order to bring the country into line with the world.The main target of this reform is the modern service industry that has the closest connection with the national life.The railway transportation industry in the modern service industry is the core backbone of the national economy,and it is also an important basic transportation industry that promotes social development.Its development cycle is the same as that of the development of China's national economy and the demand of our country's society.China's notable feature is its vast land area,difficult regional economic management,and the potential for regional economic development,the distribution of related resources,and the unbalanced distribution of industries across the country.Therefore,the allocation of resources depends on transport,and those transports that are very distant large bulk cargo transportation and some large-scale passenger transportation are mainly used as transportation tools in today's environment.With the advent of the "Internet Plus" policy,China' s national economy has developed well and the economic development in all regions has become closer.This has made the railway transportation industry even more important and has an unshakable position in China' s industrial structure.Therefore,this article selects the company as a case study object for the railway industry,and analyzes the impact of the tax reform on the company and the specific financial effects.First,this paper analyzes the tax burden and economic impact of this tax reform on tertiary industry and the impact on the railway industry of tertiary industry.Secondly,by using the transformed Coquiper Douglas function input-output principle,a functional relationship between tax savings and corporate income is constructed,and empirically multivariate regression is used to derive ? and ? coefficients.In the case analysis,a functional relationship is constructed and calculated the quantified financial effect of the" Replacing Business Tax with Value-added Tax" tax change,and the proportion of investment that has obtained the largest financial effect.The results of the study found that:reforms have enabled the development of the tertiary industry economy,which has led to a more rigorous and close industrial structure.At the same time,the reform has reduced the tax burden on the industry and has played a positive effect on the economic development of the company.According to the case study of GUANGSHEN RAILWAY CO.,LTD.," Replacing Business Tax with Value-added Tax" reduces the tax burden of GUANGSHEN RAILWAY CO.,LTD.,and the investment in 16 years is more reasonable than the investment in 15 years and is closer to the optimal investment ratio,which can bring more financial effects to the company.This article speculates that this is because after three years of "Replacing Business Tax with Value-added Tax" accumulation of relevant experience,the company has slowly found a suitable investment method,so that the proportion of investment is closer to the best ratio.Once again,"Replacing Business Tax with Value-added Tax " has brought positive effects to the company.