A Study On The Impact Of "replacement Of Business Tax With Value-added Tax" On The Tax Burden Of Airport Companies

The comprehensive implementation of replacing business tax with value-added tax is the most important tax reform since the tax distribution reform in 1994.This major institutional reform is a milestone for the establishment of China's modern tax system and the overall improvement of the country's governance capacity.As a member of the transportation industry,the airport industry was among the first to participate in the pilot project of replacing the business tax with a value-added tax(VAT).Under this background,this paper selected representative listed companies of China's airport industry to calculate and analyze the tax burden before and after replacing the business tax with a value-added tax(VAT),drew conclusions and put forward Suggestions to help airport enterprises better share the reform dividend of replacing the business tax with a VAT.At present,the researches mainly focus on the "replacing business tax with value-added tax" of air transport enterprises and land transport enterprises in the transportation industry,while the researches on "replacing business tax with value-added tax" of airport enterprises are few.The airport industry is a crucial link in the civil aviation industry chain and an important pillar industry related to the economy and people's livelihood.China's existing airports are numerous and diversified,and the faster and better development of airport enterprises can bring positive impact on the whole civil aviation industry chain and even the national economy.Therefore,it is of great significance to study whether airport enterprises can benefit from the reform of "replacing business tax with value-added tax" and how to share the dividend of tax reform to the maximum extent.This paper first elaborated the relevant concepts and specific contents of the reform of "replacing business tax with value-added tax".On this basis,this paper selected a representative airport enterprise in the airport industry as the research object.Studied the airport enterprise,participate in the background of "camp to gain" camp "change" reform,analyzes the specific content in the pilot "camp to increase" the change of the airport enterprise tax burden,analyze the reasons for such changes,and lists its participation to add "camp" after the reform in response to changes in the history of management,finally the airport industry other airport companies cope with "camp" instead of management improvement Suggestions are put forward.Through the comparative analysis of the circulating tax burden of the case airport company before and after replacing the business tax with a value-added tax,it is concluded that the tax burden of the case airport company after replacing the business tax with a value-added tax presents a situation of first increasing and then decreasing.The tax burden increases during the pilot stage,while the tax burden of the case airport company significantly decreases after replacing the business tax with a value-added tax.Comprehensive "replacing business tax with value-added tax" can effectively reduce the burden of turnover tax on airport enterprises,promote airport enterprises to increase investment in fixed assets,improve the level of operation and management,and help airport enterprises to achieve sound long-term development.The innovation of this paper lies in the fact that the actual operation data of the case airport enterprises are used to calculate and compare the tax rates before and after replacing the business tax with a value-added tax,which effectively proves that replacing the business tax with a value-added tax can indeed reduce the circulation tax burden of the airport enterprises,and is conducive to the benign development of the airport industry and the industrial chain of civil aviation.At present,there are few case studies on "replacing the business tax with a value-added tax" for airport enterprises.It is worth referring to how airport enterprises like the case airport can better cope with the reform dividend of "replacing the business tax with a value-added tax" by improving their operation and management methods.