Research On The Impact Of Tax Burden On Business Performance Of China Merchants Bank

Commercial banks as the core of the financial system of China, its healthy operation of the entire national economy and the stability of the development of a non-with the general role. In recent years, with the reform and innovation of the financial industry, the development of the banking industry is accelerating, and tax has become an important factor that affects the performance of commercial banks in the capital market. Since 1994 China’s implementation of reform of the tax system, tax system of commercial banks also experienced several times of adjustment, also in the continuous improvement and development, but with the national implementation of the reform and opening policy, the negative effects of the tax reform of commercial banks are gradually exposed, each big bank faces a heavy tax burden, this has been influenced by the development of China’s banking industry, has produced many adverse effects on overall profitability and operating efficiency of commercial banks. Here, we focus on the largest joint-stock bank of China Merchants Bank as an example, analyze the impact of negative tax on its business performance. The first chapter is the introduction, which mainly introduces the background, the content and the significance of the research, and makes a simple list of the research methods adopted in this paper. The second chapter is the mechanism of the tax burden on the business of China Merchants bank. The third chapter is the focus of this paper, mainly analyzes the current tax burden on China Merchants Bank business performance, and the empirical analysis, the system presents. Finally, combined with the specific circumstances of the study, the suggestions from the tax point of view, for the future of China Merchants Bank Management Performance of the management to provide a certain guidance.From the specific research methods, this article mainly through the current literature on the reading and analysis, to find the current tax burden related to the literature, and analyze its impact on the bank’s effect, summed up a set of research ideas for this article. And then combined with the tax burden on the business performance of China Merchants Bank, reflects the current research process, the effectiveness of the two empirical analysis, the bank’s operating performance and tax burden of the early warning mechanism of the objective measurement, and finally showing the corresponding research conclusions.In general, the following results can be obtained by this paper:Firstly, the tax burden on the business performance of China Merchants Bank, and in different market economy environment, the effect of the mechanism of the effect of the tax is different.Second, the investment bank is concerned, the impact is mainly on the business tax and corporate income tax, followed by urban construction and education tax, the need to further optimize, enhance the autonomy of the practical ability, and promote investment banks in the tax burden of business performance improvement.