Research On The Influence Of The Policy Of "Replacing Business Tax With Value-added Tax" And Tax Bearing Change

The great change on tax system has had certain promotion effect on the development of real estate industry since the pilot project of "replacing business tax with value-added tax" was comprehensively promoted in May 1 of 2016.However,owing to the factors such as long construction period of domestic real estate industry,large fund investment,high financing cost and complex business types,the "replacing business tax with value-added tax" brings a series of uncertain factors in the operation and development of real estate industry,especially has a profound influence on the aspects including tax burden,operation mode and financial management.Whether the real estate enterprises can understand the reform plan and grasp the spirit of the policy as well as timely conduct transformation adjustment making full use of the opportunity brought from "replacing business tax with value-added tax" have become the key point for the smooth implementation of"replacing business tax with value-added tax".The paper,based on the deduction and calculation of input and output calculation model for the general tax assessment methods of added-value tax,combined with the first nearly one-year taxation and declaration data for the"replacing business tax with value-added tax" of real estate enterprises in Ningbo,conducts comprehensive and deep analysis and exploration,demonstrates the situation of the tax burden change and internal reasons for the real estate enterprises in details after the policy of "replacing business tax with value-added tax",gets the conclusion that the policy of "replacing business tax with value-added tax"has not brought obvious decrease in the tax burden of real estate enterprises,the "replacing business tax with value-added tax" still remains in the bonus stage of the policy in the transitional period and the general tax calculation mode used in future normalization has not been widely promoted,if the real estate enterprises can not timely transform and adjust to cope with the problem,they will face large pressure in tax burden increase in applying the general tax calculation mode comprehensively after the gradual completion of the project in transitional period.Meanwhile,owing to the more complex tax system,large elasticity of tax burden and large planning space of added-value tax,strengthening management and reasonably planning can actually reduce the base of taxation for the enterprises,therefore,making full use of the policy of "replacing business tax with value-added tax" to reduce the tax burden is practical with realistic significance.The paper conducts detailed analysis on the specific policies,specific projects and specific enterprises,analyzes the advantages and disadvantages of policy change from the aspects such as operation mode,financial management and taxation policy,offers constructive suggestions from the perspective of quickening the taxation system perfectness and macroscopic taxation on strengthening the levy reform as well as from the perspective of perfecting management,transforming modes and reasonably planning.