New Considerations Of SMEs’ Decision On Financial Lease Under The Reform Of Business Tax To VAT

First of all, this paper explained the necessity of tax reform under the background of double taxation between business tax and VAT. And through targeting specific financial lease business, the paper emphasized that Financial Lease Company and Industry Company should make timely adjustments to get prepared for the tax reform.The purpose of the business tax to value-added tax is to release the tax burden, improve the chain of value-added tax, which also explains the new profit space is released from the government revenue. Therefore, from the point of view of the lessee, the trend of the business tax reforming to VAT, profit margins have been released will directly affect the decision-making of the finance lease. New profit will contribute to its own capital accumulation and investment decisions to be made. The role of the business game is the lessee and the lessor. For the purpose of seeking new profit balance, this dissertation tries to dissect from the perspective of game theory.In this paper, in order to discuss the impact of the existing tax system to specific business, choose a company as the study object. Affect mainly from two directions, financial leasing companies offer of finance lease for the new tax system is bound to make the proper adjustments, the other direction is the lessee to obtain directly deductible from the rental company to open up special VAT invoices. From the actual case, analyzes both the finance lease transactions in the camp changed to increase profits before and after contrast, and calculate both the equilibrium interest rate, which gives the specific scope of the profit margins. Finally, speaking from the point of view of the game concluded the introduction of research decision-making quantitative analysis.