Research On The Impact Of "BT To VAT" On The Financial Performance Of Y Travel Companies

Our country is in the strategic transition period of accelerating the transformation of economic development mode.It is of great significance to build strategic emerging industries,vigorously develop the tertiary industry and solve the increasingly prominent structural contradictions in promoting industrial restructuring,speeding up the transformation of economic growth mode,promoting the development of market economy and improving the comprehensive strength of the country.Business tax system hinders the development of tourism service industry in China.Therefore,it is the general trend for tourism service industry to increase its operation.The author hopes that this paper will enrich the research theory and research field of "business-to-increase" and provide reference for tourism companies and other tourism services,as well as for improving tax reform policy,avoiding the decline of financial performance of tourism companies,and thus better promote the overall "business-to-increase" in China.This paper takes Y Tourist Company as the research object,and studies the impact of "business to increase" on its tax burden and financial performance.It mainly adopts the methods of literature research,data collection and case analysis.Based on the background of "business-to-business increase" from May 1,2016 in China,and from the perspective of Y tourism company in China's tourism service industry,this paper analyses the impact of "business-to-business increase" on the financial performance of Y tourism company,and puts forward corresponding countermeasures.This paper is divided into five parts.Firstly,it combs the current research situation at home and abroad,and expounds the related theories of tax system reform;secondly,function is weak,the input tax is difficult to deduct,the accounting is not standardized and the management function of financial personnel is low.Finally,the paper puts forward the strategies to deal with the impact of "business to increase" on the financial performance of Y Tourism Company from various perspectives,such as improving financial control ability,expanding the scope of input tax deduction,standardizing accounting,strengthening the management of Finance and personnel.