The Impact Of The Changing From Business Tax To VAT On Transportation Industry Listed Company Earnings Management

VAT and sales tax are the two main taxes turnover tax in the country of goods and services tax,the two parallel in a certain period of time to promote the economic development of China, but now it has become the main factors hindering the development of the service industry and the three industry, in order to achieve the optimization of the tax structure, the economy’s health, sustainable development, and many other objectives, our country since January 1, 2012, first, select the transportation and part of modern service industry in Shanghai changing business tax to VAT trial, with the expansion of the scope of the pilot, by the end of 2014,the transportation industry has been fully integrated into the VAT. After three years of trial,the changing business to VAT have had a profound impact on many aspects of the transportation industry, in the obtained results of the reform, while, in practice, also encountered some problems to be solved.From a microscopic point of view,by the transportation industry listing Corporation as the research sample, with methods of combining normative and empirical research, systematic study the effects of the changing from business tax to VAT on transportation company earnings management.Full text research is divided into five parts, the first part is an introduction, details of the background of business tax to VAT, relevant research results at home and abroad, study theoretical and practical significance, research methods and research ideas. The second part is the theoretical basis, explaining the theoretical basis of business tax to VAT and earnings management,the need of the business tax changing to VAT for a simple analysis, finally,introduce the relevant concepts and main contents. The third part is the theoretical analysis of the impact of the changing from business tax to VAT on transportation industry listed company earnings management, firstly introduce the transportation listed company data, regional distribution and the company’s basic financial indicators, secondly, expand the focus of the impact the business tax changing to VAT on the transportation of earnings management from the theoretical aspects of analysis, including the business tax changing to VAT direct impact on tax accounting changes and related metering elements, further indirect impact on business turnover tax, Comprehensive the theoretical tax impact of transport enterprises analyze and learn from changes in tax rates has been the impact of earnings management research, ultimately raise the hypothesis of this paper. The fourth part is empirical research, select the transport of listed companies as samples, to ensure the accuracy of the results of the study sample were screened. New alternative variable earnings management is provided according to need to study(add a movable fixed assets and operating income ratio),select policy dummies as explanatory variables, select assets, asset turnover, operating cash flow per share, revenue growth as the control variable at the same time, by constructing multiple linear regression model, and the use of SPSS19.0 and EXCEL table to analyze the sample data to verify the hypothesis proposed in Chapter III.