Research On The Financial Impact Of "VAT Reform" On QN Telecom Company

As the basic pillar industry of the country,the development of telecommunication industry is related to the development of national economy.Telecom operators are also at the core of the telecom industry chain,so the development of operators is crucial to the national economy.On June 1,2014,the telecommunications industry was included in the pilot scale of "replacing business tax with VAT",which is a huge challenge for telecom operators.Because telecoms operators in this period are in a critical period of development.The transformation of the telecom industry is bound to affect the development of the national economy.In this paper,by drawing on the research summary of famous scholars from home and abroad,analyzes the influence of "replacing business tax with VAT" on the financial potential of enterprises.from the characteristics of business tax and value-added tax and the actual situation of QN telecom companies,refer to the company to add "replacing business tax with VAT" before late reports related financial data,through methods such as data contrast "replacing business tax with VAT" to the impact of the financial aspects of QN telecom company.The impact of the financial situation of QN telecom company,the impact of operating results,the influence of cash flow,accounting,invoice management,etc.Put forward countermeasures according to the financial impact,such as QN telecom companies can purchase from the optimization model and scientific choose suppliers,adjust sales model and setting reasonable marketing solutions,reasonable arrangement of investment in fixed assets,enhance the employees ability,strengthening invoice management and internal audit,internal management to eliminate or reduce the negative effects of "replacing business tax with VAT".At the end of the paper pointed out that the negative effect to business revenues,profits and taxes which the "replacing business tax with VAT" brought to the QN telecom company is in the short term,as the "replacing business tax with VAT" full-scale and QN telecom company's positive response,The negative effects to the QN telecom company will slowly disappear,in the long run,the influence of the "replacing business tax with VAT" to QN telecom companies is good.At the present stage,there are few research materials on the reform of the telecom industry,so the research of this paper is innovative.