| According to the industrial classification for national economic activities,the construction of water source and water supply facilities falls into the civil engineering construction in the construction industry.As one of the pillar industries in China,the construction industry is characterized by frequent relocation of construction sites,many employment opportunities,long construction period and large amount of capital.From the initial development to the continuous maturity,the construction industry has made a great contribution to the GDP of our country and played a great role in creating social wealth.In 2019,the total output value of the construction industry was 24,844.3 billion yuan,of which the civil engineering construction accounted for 6,860.821 billion yuan,making a huge contribution to China’s GDP.Since the implementation of comprehensive replacement of business tax with value-added tax and comprehensive tax and fee reduction,the tax burden of construction industry has been the focus of all circles of research.However,affected by data access channels,there are very few domestic researches on the tax burden of water source and water supply facility construction in the construction industry.Therefore,it is very necessary to study the tax burden of MS company whose main business is water source and water supply facility construction.As the research object of this paper,MS company is specialized in the design and construction services of water conservancy and hydropower,urban industrial water supply,water reuse in sewage treatment,sewage resource recovery and solid waste treatment,ecology,garden and landscape engineering.In recent years,the traditional construction industry is affected by the policy and the market scale and has been greatly impacted.MS company is in a critical period of transformation from a traditional water conservancy,garden and municipal engineering construction enterprise to an enterprise integrating water resource recycling and utilization.This paper first explains the basic theories of tax burden,and then sorts out the general situation of the research object of this paper – “MS Water Resources Co.,Ltd.” and the tax policies involved.In the fourth part of the paper,descriptive statistical analysis is used to analyze the tax burden of MS company,and then analyze the turnover tax burden and income tax burden of the company.Firstly,it analyzes the impact of tax burden on business performance;next,according to the main business segments of MS company,it selects several representative engineering projects and analyzes their tax burden;finally,it conducts descriptive statistical analysis on the main tax categories of MS company.After the study,the paper draws the following conclusions: in terms of overall actual tax burden,the overall tax burden of MS company is significantly negatively correlated with its business performance,the turnover tax burden in the total tax burden is positively correlated with its business performance,and the income tax burden of the construction enterprise is significantly negatively correlated with its business performance.By studying the overall tax burden and the different tax burdens under various projects of MS company,this paper aims to figure out which kind of project can obtain the maximum business performance,so as to provide reference for the optimal development direction of enterprises in transition like MS company. |
