| In Sep 2004,it took the lead in the reform of the value-added tax(VAT) in the northeast of China and then in Jan 2009 thoroughly expanded al of China. The productive-type VAT had successfully completed the histories mission."The concise tax system,the wide tax base,the low tax rate,the strict collection and administration"in The Decision About Completing Some Issues in Socialist economy System of CPC's Central committee,has been taken as a Principle in the new turn of tax system reform. This transformation reform of VAT from production model to consumption model has effectiveness of tax deduction; therefore,it may not only optimize the economic structure and stimulate the economy to grow but also be advantageous to increase financial revenue. The tax reform thoroughly settled the long-standing's Phenomenon of multiple taxation in our country thereby advancing the fairness of tax burden and positively promoting to perfect the construction of tax system.Now the global economy is in the economic recovery after the financial crisis era, although we are in the first revival of the economy, but the prospects is still not optimistic about. domestic macroeconomic is in the cycle of adjustment, economic and political reform, highlighting, turbulence in international financial markets, domestic and international factors causing domestic superposition of exports and investment are facing tough challenges; micro-economies operating conditions is worrying. In this case, the government in the country to promote value-added tax, aimed at protection of stable and rapid economic development, the basis for the reform of China to create opportunities for our national economy and provide space for the healthy development of enterprises.This paper analyzed a comprehensive restructuring of VAT, the listed company's fixed assets investment and financing changes, as the value-added tax is to provide empirical research to achieve the desired goals. This paper introduced the background of VAT, value-added tax related research and knowledge of VAT, and then analyzed theoretically VAT on fixed assets investment and financing effects, then anglicized heretical of empirical verification through the actual data of some enterprises t, The article also carried out on the results of the transformation analysis, the current transition, there are still some problems, solutions and value-added tax should be paid attention to further reform, as well as supporting measures related to the improvement. |
