The Research Of Tax Laws About Engineering Machinery Financial Leasing Under The Background Of Business Tax Reform To Vat

The business tax reform to VAT started on January 1^st,2012.This reform started from pilot to surface,and by the end of 2015 the reform has been gradually extended to the country's industries like transportation,telecommunications,postal services,part of modern services and so on.In 2016,the first year of"13th Five Years Plan",our country has identified four industries,that is construction,real estate,financial services and consumer services,into the scope of reform pilot,which makes the start of business tax reform to VAT nationwide.As the more and more important financial innovations in the 21st century,financial leasing has played an important role as a bridge between the capital market and the real economy.At the beginning of the reform,the financial leasing has been already included into the tangible personal property leasing services.When the reform is going to be carried out among all the industries around the country in May 1^st,2016,relevant preferential tax policies will give finance leasing enterprise especially large enterprise great benefits for the development of financing leasing.In the industry of the financial leasing,engineering machinery financial leasing,which connects construction,real estate and financial services,is representative.The research of the tax laws about the engineering machinery financial leasing under the background of business tax reform to VAT,may help the industry better adapt the reform and evaluate the influence which the reform brings to the engineering machinery financial leasing objectively.This paper analyzed the tax law about engineering machinery financial leasing under the background of business tax reform to VAT,in order to make some suggestions for the industry.The thesis is composed of three chapters.The first chapter gives a basic knowledge of the financial leasing and engineering machinery financial leasing.The second chapter summarizes the tax provisions about the engineering machinery financial leasing before and after the reform.And the third chapter analyzes the tax provisions of some other countries at first,like the US and Japan,then gives some constructive suggestions by comparing the tax provisions of our country and other countries.