Research On Tax Risk Management Of VAT Of A Real Estate Enterprise After "BT Reforms To VAT"

The "BT Reforms to VAT" policy is an important part of the fiscal and taxation system reform since the "12th Five-Year" period.With the issuance of fiscal and taxation(2016)36 document,the real estate industry has been formally incorporated into the "BT Reforms to VAT" pilot area.The implementation of the "BT Reforms to VAT" policy makes the real estate enterprises face a large change in the circulation tax system.In addition,the real estate business model and business complex,real estate enterprises have to face new VAT tax risks.This article is on the background of "BT Reforms to VAT",The policy of "BT Reforms to VAT" in the real estate industry is reviewed and interpreted,and select the typical A real estate enterprise as the research object,combining its actual project and business,analyzes in detail the VAT tax risks faced by A real estate enterprise after "BT Reforms to VAT".After studying by the author,A enterprise is faced with the following VAT tax risks after the "BT Reforms to VAT".In the stage of land acquisition,A enterprise regards land subject changes as improper handling of sales behavior,caused A enterprise to pay more VAT;The land returned money has not been deducted from the land transfer fee,resulting in incorrect calculation of VAT sales and less VAT.In the construction phase of the project,A enterprises and construction enterprises have signed a contract for labor contract to obtain illegal invoices,resulting in a false increase in input tax and less value added tax;Because of the lack of understanding of the "scale of construction",a tax deduction that causes the item to be deductible is incorrect and less value-added tax is paid.In the project sales phase,the large amount of housing subscription charged by A enterprise is likely to be paid in advance by the tax authority as a prepayment;When selling real estate projects,it is wrong to understand the time of duty of VAT payment,and fails to pay VAT in full and in time;When buying a house draw promotion,for the presented prizes,the value added tax is not paid.On the basis of analyzing the causes of A enterprise's VAT risk,The author puts forward the A enterprise VAT tax risk prevention strategy.Firstly,VAT tax risk identification and evaluation system should be established.Secondly,in the stage of land acquisition,different tax treatments should be taken to deal with the change of land owners;Whether the deduction of land refunds depends on the specific provisions of the tax authorities.Thirdly,in the construction phase of the project,a contract for supply material by A enterprise should be signed as far as possible;Strengthening the understanding of the relevant entry tax deduction clause.Lastly,in the project sales phase,large housing subscriptions should be avoided;The time of tax payment duty should be determined by the time of delivery;Different tax treatments should be differentiated between a lucky draw and a gift from buying a house.