Research On The Financial Impact Of Replacing Business Tax With VAT On X Company

Taxation plays an important role in the development of the economy.Every tax system reform has a far-reaching impact on the development of various industries in C hina.The construction industry began to be incorporated into the scope of the camp in May 2016.Therefore,it is of great practical significance to study the impact of value-added tax on construction enterprises.The reform of battalion has brought new challenges to small and medium-sized construction enterprises,while promoting the construction industry to constantly improve its management level.Because of the shorter time of the construction industry reform,the traditional research mostly stays in t he potential impact level and lacks the research on the actual impact after the reform.Therefore,the paper uses case analysis method to select X construction company for specific analysis and research,and puts forward relevant countermeasures.The paper uses literature research method,comparative analysis method and case analysis method to study the tax situation of X company before and after the increase of camp,analyzes the impact of the increase on X company,and analyzes the causes of the phenomenon.In addition,the paper relies on financial statements to compare the financial data before and after the increase in the camp,so as to analyze the impact of the change to the financial statements of the construction industry and the related financial indicators.Finally,it puts forward the measures that X company should take after the camp is changed to increase.The research is divided into six parts,the first chapter is the introduction of the article;the second chapter is the related basic theory;the third chapter introduces the basic situation of X company;the fourth chapter,the analysis of the financial influence of the company to the X company,the fifth chapter,the sixth chapter,the summary and prospect.Through the study of the actual case of X company,the paper analyzes the influence of the tax on the tax of X company,the influence of the financial index and the influence on the level of the financial management,and puts forward the countermeasures to deal with the increase of the profit and the decrease of the cash flow,for example,to strengthen the training of the accountants and to renew the tax.The financial managers strengthen the control of the new policy,strengthen the control of the new policy,pay more attention to the financial accounting,strengthen the invoice management,strengthen the internal management,carry out tax planning,strengthen the contract management and strengthen the management of funds,so as to help X company to achieve a smooth transition in the management of the tax system,and at the same time,it can provide some reference for other enterprises of the same type.