The Impact Of Replacing The Business Tax With A Value-added Tax And It’s Countermeasures

Financial leasing is a sunrise industry in today’s society. In developed countries, the financial leasing, bank credit and securities financing contribute three main channels of social capital supply. And financial leasing has become the second large social capital supply channels, next to bank credit, has greatly influenced the development of the national economy. Until 1980’s, financial leasing has entered into China formally, and has gone through 30 years of trials and hardships. The industry is rapidly developed after 2004. Especially in 2006-2010, during the period of "11th five-year plan", China’s financial leasing has been experienced geometric growth. Financial leasing has made a great contribution to economy, and has big potential in the future. However, the development of financial leasing relys on the taxation environment closely. The current taxation environment in China has many problems, which limits the development of it. Our country has carried on the “Business Tax Reformed to the Value-added Tax” since 2012. Financing lease industry was incorporated into the scope of the pilot project(such as the only tangible movable property leasing). And then, financial leasing enterprise can directly to lessee issue special VAT invoice. The reform has caused a certain degree of influences on the financial lease industry. The study of the influences of this reform on tax burden and dealing with the problems for the financial leasing enterprise has strong practical and realistic significance.In this paper, firstly, a method of normative research and empirical research is introduced to analyze the influences of tax system reform on financial leasing enterprise in our country. Second, the background and the progress of the “Business Tax Reformed to the Value-added Tax” policy has been introduced. In the third part, the influences of tax system reform on financial leasing enterprise is theoretical analyzed, and it analyses the finance leasing industry and it’s tax policy before and after the reform by means of the evaluation system. Furthermore, based on the above analysis, select the financial data of recent years of company X for analysis. And draw the conclusion: the tax reform can decrease the tax burden of financial leasing industry, improving the enthusiasm of the financing lease enterprise. Finally according to the actual problems existing in the tax reform of tax policy, suggestions are put forward in order to promote the development of financial leasing industry in our country.