The Effects Of The Transformation Of The Value-Added Tax On Tax Burden And Fixed Assets Investment Of Corporations

In our country, the transformation of the value-added tax has been talked as a focus in the theory and affair circles all the time.In 1994 when the tax system was reformed, for the consideration of our domestic economic conditions and the requirement of controlling the sale of investment at that time and meanwhile for the consideration of fiscal revenues and tax burdens of enterprises and other factors, our country carried out the productive value-added tax system (VAT). Productive VAT is becoming more and more important in Chinese taxation system since its introduction in China, but since then the economic conditions in our country have experienced great changes, which are mainly reflected as: with the gradual establishment of the market economic system, upgrading and replacement of the industrial structures and changes in the pattern of economic increases, the contradiction between the Productive VAT and the operation of economy is becoming more and more serious. What is most conspicuous is that the taxes of purchases are not allowed to be deducted from the fixes assets, which directly increases the tax burdens of the enterprises.With the deepening reform and the changing international environment, our government began to consider carrying out the reform of transforming the productive VAT into the consuming VAT. But,we are not sure of what kinds of results this transforming will bring about, we have decided to carry out the reform temporarily only in the Northeast China.The present paper gives relevant introductions on VAT and comprehensive introductions on the types of VAT .The present paper gives theoretical analysis on the VAT transformation in the Northeast China and empirical analysis on its results. The present paper mainly analyzes the influences from the transformation on all the aspects of the enterprises, such as its influence on the investment, its influence on industrial structures and its influence on tax burden. At the end of the paper, it puts forward relevant strategies and advices in policies with regard to the transformation of VAT, including the chance and method of VAT transformation and relevant supplementary measures, through the research on the transformation of VAT in our country of in the...