Case Study On The Intermediary Business Of Property Insurance Company Affected By "business Tax Changed To Value Added Tax"

The full implementation of the "replacing business tax with value-added tax(VAT)" is China's tax system reform in a big way,in March 23,2016,the Ministry of Finance and the State Administration of Taxation issued the "notice" on the full implementation of business tax VAT pilot,clear and in May 1,2016,the implementation of business tax reform in the country,financial services into the scope of the pilot,for I China's financial enterprises to implement the tax rate of 6%.The insurance industry in our country is now in a period of rapid development,the time of replacing business tax with value-added tax(VAT)undoubtedly for the insurance industry has injected a catalyst,while China's insurance industry is the main marketing agency,according to recent statistics show that the premium income of China's insurance industry gets more than 80% from the market on the various types of insurance intermediary mechanism.As intermediary business is an important part of China's insurance business,this study will be based on case insurance company-S company in-depth study of "business changed to increase" before and after the changes in the intermediary business.The main research methods adopted are: literature search,field research,case analysis and model analysis,in Chapter 3,the author through the research of S company's intermediary business process,in-depth study of the company "replacing business tax with value-added tax(VAT)" after the income tax deduction process,get general linear model analysis the conclusion of "replacing business tax with value-added tax(VAT)to breakeven conditions of the insurance intermediary business in a specific proportion of the intermediary commission,and is verified by the S company's financial data in" replacing business tax with value-added tax(VAT)"intermediary business,finally draws the conclusion:" replacing business tax with value-added tax(VAT)implementation to some extent reduce the tax burden of the intermediary business of S company.However,due to the smooth development of the intermediary business of S company is also affected by the external environment,lack of S's bargaining power in the intermediary market triggered the cooperation agency price requirements,based on this,the author combined with the actual situation of S company and the future direction of development,putforward to further development of the intermediary business management of S company under the individual advice.