Study On Financial Evaluation Of Project Investment After Vat Reforming

Since January1,2009, the VAT transformation was implemented around the country, it was showed that the VAT reformation has taken an important step in our country and it will have a positive and profound influence on the development of macro economy. Implementation of the VAT transformation, the purchase of fixed assets input tax can be used to offset the output tax, it led to the tax burden reduced, cash flowing and investment benefits increased on the original input and output. VAT reform, allowing companies to offset the purchase equipment of value added tax is not only a major tax cuts, but also an important part of the active fiscal policy. The financial evaluation work must reflect the rules reliably. To reflect the cash flowing operating results and financial conditions objectively, provide a reliable basic for scientific decision-making of investment project and realize the basic goal of project financial evaluation, this study make some adjustability rely on the current financial evaluation system, mainly includes calculating purchases fixed assets input tax and VAT correctly, modifying cash flowing and chart of profit appropriately, etc. After the study of VAT reform, to meet the needs of current project financial evaluation, this article analyses the financial evaluation after VAT reforming, uses the method of theory coming with practice, puts forward more in line with the current fiscal and taxation system of enterprises project construction financial evaluation report and evaluation index by reference to the enterprise accounting method is different after the VAT reforming.