A Research On The Legal Problem Of Financial Leasing Industry In "Substitute The VAT" For Business Tax

The reform program to “replace the business tax with a value-added tax” is extended to six kinds of services,including the service of financial lease.The influence of the law about “replace the business tax with a value-added tax” to the financial lease industry is unclear,but the tax law is one of the important factors to affecting the development of this industry.In order to clarify the influence of the tax law about "replacing business tax with VAT" on the financial lease industry,the development of “replace the business tax with a value-added tax” in financial lease industry were analyzed detailedly.The questions about the tax law of “replace the business tax with a value-added tax” were raised from the changes during the development process of the law.The change of tax burden was discussed and compared after carrying out this program using actual case at the same time.It should be improve and optimize the tax law of financial lease industry to solve the problems and decrease the tax burden.In summary,the reform program of “replace the business tax with a value-added tax” has implemented widely in 2016,the tax law of financial lease industry should be constantly refine to increasing the tax bonus and improving the development of this industry.