The Tax Planning Research Of YGL Real Estate Company In The Background Of Change Business Tax Into Value-added Tax

In recent years,as the chinese economy developed repidly,the real estate industry has entered a period of rapid development.Due to its capital intensive and industrial chain characteristics,it has become the basic industry and pillar industry of China's national economy,bringing rapid growth of real estate taxation and becoming the main source of local fiscal revenue.In order to curb the overheating of the property market and the dependence of local governments on land finance,the state has introduced a series of macro-control measures,and the real estate market is in a downward cycle.At the same time,China's real estate industry involves a wide variety of taxes,the level of tax burden has remained high,tax policies are complex and changeable,and business operations are highly challenging.In this context,the rational use of tax planning,reducing the tax burden,improving the company's profit level,and making real estate enterprises more capable of further development become more and more important.In March 2016,Caishui[2016]No.36 document "a fully open change business tax to VAT",real estate began to implementation on May 1,2016.The Notice "on the Relevant Policies on the VAT Rate" Issued in April 2017 and the State Council Executive Meeting in March 2018,to determine the three VAT Rate reduction measures for deepening the VAT reform,all those indicated that the business tax has officially withdrawn from the historical stage.It is an irresistible trend for enterprises to reduce taxes and reduce burdens.For real estate enterprises under the new situation,tax plannning also become a powerful tool to improve their competitiveness.This article used the case analysis method which combining qualitative and quantitative and comparative analysis method.Firstly analyzes the impact of "Tax reform" on all sections of the real estate industry,and analyzes the traditional planning methods of real estate development in the context of business tax,use the PEST model to analyze the background of tax plenning for YGL company,combining YGL's corporate architecture background,tax burden before and after the "Tax reform",analyze the risk sources of tax planning.Through the research on the tax planning method for the whole business process of the real estate and then receive the chosen plan.The conclusion of YGL's tax planning idea is that Real estate enterprises should carry out overall planning for all aspects of value-added tax,land value-added tax,corporate income tax and other main tax,through rational construction of the enterprise structure,rational selection of development models,construction methods,sales methods,reasonable pricing,and full use of tax incentives to plan,and pay highly attention to prevent tax planning risks,strengthen financial internal control management,and standardize various financial systems to ensure the effective implementation of the tax planning.This article combined with practical cases,made the tax planning become more integrated and feasible and can be used for most real estate companies.