The Study On The Impact Of Replace Business Tax With Valueadded Tax On The Enterprises And Local Finance In Ningbo Free Trade Zone

To replace the business tax with a value-added tax, as an important structural tax cuts from the first reform in Shanghai, expanding rapidly. To replace the business tax with a value-added tax is a major reform, there are many mixed reviews about whether it will eliminate the business tax value, the added tax and the business tax double taxation or not. Can it reduce the tax burden of enterprises, and promote the adjustment of economic structure?This also lead it to be one of the most research topics. Business tax as the main tax category of the local finance income, coupled with the particularity during the pilot period, the enterprises are faced with various aspects of the impact, and the local finance is facing various risks and challenges too. Along with the reform process, the influence on the enterprise and the local finance will continue to expand.Based on the above reasons, this paper uses the main data in year 2013 to analyze the influence of the reform to the enterprises and the finance of the Ningbo bonded zone. There has been a year from the end of year 2012 since Ningbo free trade zone attend the pilot reform, the effect of the reform to the enterprises and local finance also gradually appeared.This article mainly from the related theories of business tax reform, combined with the system arrangement and policy interpretation and the pilot enterprise financial tax data of Ningbo Free Trade Zone, analyzed the impact on the turnover tax burden of the enterprise reform pilot, the profit of enterprise, the management and impact to other development of enterprises on the region.The impact of the reform of Ningbo bonded zone enterprises is the same to the reform goals. For an enterprise, the tax burden increases or decreases, and the traffic transportation enterprises get temporary tax burden, but the downstream enterprises in the zone pilot industry benefited quite obvious.According to the corresponding relationship between capital flow of tax cuts and the local government, analysis of the impact of reform of local fiscal revenue and expenditure and financial structure, administration and policy in transition period etc. The overall reduction caused by the reform of industry, and the transition of the financial supporting policy spending increases, leading to the local financial burden. Although the reform pilot enterprises direct tax accounting for the local fiscal revenue of Ningbo free trade zone is relatively small, but the reform in the region between enterprises has led to reduced benefits deduction amplification. Reform in the short term can not be overlooked on the impact of local finance.Based on the above analysis results, this paper puts forward the coping measures of the reform, synchronous lifting for single enterprise zone and the local financial strength.The innovation of this paper lies in the reform of the basis for the flow of funds, from two angles of enterprise and local financial reform pilot test results. Combined with the actual operation data of Ningbo free trade zone over the past year, impact analysis of the reform of quantitative, has a strong timeliness. This has certain reference function to the reform policy in the country to promote the whole industry.