Research On The Influences Of "Reform Of Replacing Business Tax With VAT" On F Tourism Company

Value-added tax(VAT)and business tax are the two most important types circulation tax in our country.For many years,our country has been in the state of two taxes.To reduce double taxation and improve the VAT deduction chain,the State Council makes important decisions on tax reform according to the new situation of economic and social development。As of May 1,2016,the pilot reform of "replacing business tax with value-added tax" was widely pushed out in China,it has a great impact on the third industry in China.China’s tourism industry has developed rapidly in recent years,tourism has become one of the pillar industries of China’s economic development.Therefore,research on the impacts of "replacing business tax with VAT" on tourism industry,and analyzes the problems existing in tourism enterprises after the "replacing business tax with VAT",it is not only beneficial to promote the healthy development of tourism,but also to the improvement of VAT system.In this paper,the background and significances of "replacing business tax with VAT" are summarized and summarized.This paper uses case analysis method,comparative analysis method and quantitative analysis method to study the impacts of " Reform of Replacing Business Tax with VAT " on the F tourism company.Based on different tax methods,this paper analyzes the impacts of "replacing business tax with VAT" on the tax burden of F tourism company,and from many angle such as profits,invoice management,supplier selection analysis the other effects on the tourism company.After analyzing the reasons for the influences of "replacing business tax with VAT" on the company,we find out the problems,and put forward effective and reasonable suggestions for the problems..Through the study,it has been found that the " Reform of Replacing Business Tax with VAT " resulted in a small decline in the tax burden,increased difficulty in accounting,and increased burden of financial staff’s invoice management of F tourism company.At the same time,it shows that the F tourism company has some problems,such as the difficulty of obtaining the amount of taxes on purchases invoice,the restricted scope of the deductible tax,the imperfect internal control system,the insufficient staffing of the tax related personnel and the weak awareness of the tax planning in the management.Finally,according to the specific situation of F tourism company,this paper puts the strategies of F tourism company under the background of tax reform: F company can reduce the tax burden by means of selecting suppliers,promoting of service outsourcing,strengthening invoice management and improving the level of tax planning.At the same time,it is suggested that F tourism company should strengthen the management of the aspects of rational allocating of financial personnel,improving of internal control and awareness of tax planning,gradually eliminate the negative impacts of " Reform of Replacing Business Tax with VAT " to the F company,reduce the tax risk after the " Reform of Replacing Business Tax with VAT ",and make the strategic significance of " Reform of Replacing Business Tax with VAT " in the F tourism company.Through the study of the impacts of " Reform of Replacing Business Tax with VAT " on F tourism company,this paper can help F tourism company to actively respond to the impacts of " Reform of Replacing Business Tax with VAT " on all aspects of the company,to solve the problems of the company in the " Reform of Replacing Business Tax with VAT ",and to promote the stable development of the company.At the same time,this article can be used as a reference for similar companies,to help tourism companies cope with the changes brought about by "replacing business tax with VAT".