Research On Tax Planning Of K Construction Enterprises After The "VAT Reform"

With the comprehensive prom otion of "replacing business tax with value-added tax",the construction industry was officially included in the scope of "replacing business tax with value-added tax" on May 1,2016.The tax rate,financial and tax management,tax process and other aspects of the construction industry have changed a lot compared with those before "replacing business tax with value-added tax".Due to the change of tax system before and after the change of business tax to value-added tax,the original business model and operation mechanism of construction enterprises are no longer applicable to the current value-added tax system.The purpose of "replacing business tax with value-added tax" is to further improve the tax system,guide the transformation and upgrading of enterprises,and stimulate market vitality.In the context of "replacing business tax with value-added tax",construction enterprises have more space for tax planning.Enterprises should seize such a rare opportunity in combination with their own actual situation,quickly adapt to the changes brought about by the change of tax system,improve their profitability and enhance their competitiveness.Through the comparison and analysis of the business situation and tax structure of K construction enterprise before and after "replacing business tax with value-added tax",it is estimated that the value-added tax becomes the largest tax type of the enterprise after "replacing business tax with value-added tax",and the tax planning of value-added tax is the key to optimize the tax burden of the enterprise.This paper takes a certain project of K construction enterprise as the research object,and makes a comparative analysis of its tax burden under the two tax systems before and after "replacing business tax with value-added tax",and finds that the tax burden of this project has increased by 2.42% after "replacing business tax with value-added tax";then compares the tax burden of K construction enterprise with that of Listed Companies in the same industry,and finds that the tax burden of K construction enterprise is on the high side.The main reason for the high tax burden of enterprises is that the cost deduction of raw materials,labor costs and mechanical equipment is relatively small.Based on this,tax planning is carried out from five aspects of input tax and output tax:Split EPC contracts,increase the proportion of simple tax items and reduce the output tax of enterprises;Build a combination model of raw materialsuppliers and mechanical equipment leasing companies,with the help of the combination model,substitute the quotation of each supplier into the model and make a comparative judgment with the corresponding critical value,so as to help enterprises select the best among suppliers,select raw material suppliers and mechanical equipment leasing companies with lower relevant costs and taxes,and reduce the tax burden of enterprises;Change the idea and method of labor employment,reduce the use of construction teams and temporary personnel,cooperate more with professional labor subcontractors,and increase the deduction of labor cost.Through tax planning,the tax burden of enterprises has been reduced from 21.3256 million yuan before planning to 20.0321 million yuan after planning,realizing tax saving of1.0224 million yuan.