Research On The Impact Of "Replacing Business Taxes With VAT" On The Operating Performance Of G Bank S Branch

"Replacing Business Taxes with VAT" is Chinese major tax reform in recent years.The purpose is to reduce the tax burden of enterprises to promote the service industry,especially science and technology and finance and other high-end service industry development,cultivate new kinetic energy,deepen the structural reform.January 1st,2012,"Replacing Business Taxes with VAT" officially carried out in Shanghai,after years of steady progress,May 1,2016,"Replacing Business Taxes with VAT" officially launched in the country,the banking industry as a financial important part of the service industry has also been included in the scope of reform.Banking industry as the core of Chinese financial industry,its business constitutes a complex,is the difficulty of tax reform,but before that,"Replacing Business Taxes with VAT" on the banking industry did not introduce transition policy and no precedent can learn from.Therefore,it is of great practical significance to explore the impact of“Replacing Business Taxes with VAT”on the operating performance of G Bank S Branch,and to enhance the ability of commercial banks to cope with tax reform and improve market competitiveness.First of all,this paper briefly introduces the research background and research significance.On the basis of the research results of domestic and foreign experts,this paper gives a brief introduction to the basic situation of Chinese banking industry.Secondly,the comparative analysis and research methods are used to analyze the changes of operating income,operating profit and tax burden of S Bank branch of G Bank from 2012 to 2016.In this paper,the operating income,operating profit and tax burden of May to December of 2016 are reduced to unmodified situation,so as to calculate the influence of "increase" on the bank's performance.At the same time,this paper also selected the J Bank S Bank branch in the same jurisdiction as the comparative study object,and compared the relevant data with the same measurement method,and further explored the influence of the "Replacing Business Taxes with VAT" on the bank.Thirdly,based on the DuPont analysis model and the CAMEL analysis model,this paper discusses the influence of the "increase" on the comprehensive management performance of S Bank branch of G Bank.Finally,on the basis of the above research,combined with the theory of tax planning,from the aspects of tax administration and management,we will put forward the opinions and suggestions on how to deal with the influence of “Replacing Business Taxes with VAT”.