Research On The Impact Of Tax Planning On Accounting Conservatism In Civil Aviation Enterprises Under VAT Reform

The VAT(value added tax) reform means the companies that were levied the business tax are required to pay VAT. The tax reform policy has important significance for China on further improving the tax system. On the one hand, it can avoid repeated tax and reduce the tax burden of enterprises. On the other hand, it plays a positive role on the social income redistribution to realize social fairness. In order to complete enterprise VAT deduction chain, the VAT reform incorporates the civil aviation industry into the scope of the payment of VAT Change on the tax burden of civil aviation enterprises, the way of the new tax planning to deal with such changes and the impact on Accounting Conservatism that these activities will make, which are the key problems.To illustrate the impact of the tax reform on the civil aviation industry, this paper does research from the following aspects. First, it analyzes changes on the tax burden of civil aviation enterprises in this tax reform. Second, it researches the way of the new tax planning to deal with tax changes, these researches are divided into two parts, including the fixed assets investment activities and air transport services. Third, it does the empirical research and makes the conclusion, which shows that civil aviation industry has the accounting conservatism and stakeholders can get conservative accounting information. Then the accounting conservatism index of China Eastern Airline are obtained according to accounting conservatism index model(C-score model) and the tax planning indexes and multiple regression model are established to analyze the influence of tax planning on accounting conservatism.