The Impact Of “reform Of The Camp” On The Tax Burden And Performance Of The Telecommunications Industry

Year 1994 to implement tax reform, so that our country is now beginning VAT and business tax coexist, and ultimately promote the rapid progress of China’s market economy. However, due to limitations in our current stage of economic restructuring,many problems coexistence of VAT and business tax by a tax system designed to bring the tax system has become increasingly prominent. In order to adjust the economic structure, optimize the industrial upgrading, promote the healthy and harmonious sustainable development of the national economy in 2011, "Camp changed by" reform kicked off in Shanghai. Telecommunications industry began in2014 with "Camp changed by" the pace of reform.Since the telecommunications industry for economic development and promoting employment have an important role, but also the relationship between the telecommunications industry and other industries are also more and more closely, so the telecommunications industry, "Camp changed to increase" is not only beneficial to state revenue, but also for enterprises to create a fair tax burden, create a fair competitive environment, while reasonably effective allocation of corporate resources,adjusting the industrial structure and other aspects also played a good role in promoting. Thus, the telecommunications industry, "Camp changed by" particular necessity.This article aims to data from China Unicom, China Mobile and China Telecom’s financial statements is based on the premise, the financial perspective, "Camp changed by" impact on the telecommunications industry brought from doing research.This paper is to study "Camp changed by" financial performance of the telecommunications industry has brought changes, as well as taxes, revenues and profits in the telecommunications industry, "Camp changed by" before and after the change. Since China Mobile, China Telecom is a company listed in Hong Kong, the content of the annual report disclosure is relatively simple, so the paper selected as the representative of China Unicom to analyze the "Camp changed by" the tax burden onthe telecommunications industry to bring change. Through the analysis of China Unicom concluded that China Unicom in the circulation tax "Camp changed to increase" after the increase, and China Unicom’s main business income and main business profit has declined. It can be seen in the short term, "Camp changed to increase" will increase the tax burden on the telecommunications industry,telecommunications industry decline eventually leading to double revenue and operating profit. In terms of business performance this part of the contents of this article from the three operators fixed asset turnover, sales margin and asset-liability ratio, etc. to analyze the operational capabilities of the telecommunications industry,profitability and solvency. Because the telecommunications industry, "Camp changed by" relatively late for the profitability and solvency of the impact is very small, but "Camp changed by" after the telecommunications enterprises to increase investment in fixed assets, the number of employed labor also increased the impact of R & D investment is also different. Overall, however, said the telecommunications industry, "Camp changed to increase" after the solvency and sales margin improved operating capacity decreased, but also increase employment to some extent.