The Financial Tax Impact Of Changing Sales Tax Into VAT On D Airlines

Value added tax and business tax has always been very important to our country circulation taxes,in our country it can be said to be the pillar of turnover tax , the two largest tax revenue accounted for most of China's total tax revenue, has made outstanding contribution to China's overall tax revenue and public service, its position in the tax system in the structure of it is self-evident. For a long time, the business tax has several advantages, such as in the tax calculation is relatively simple, but any kind of things in the world are in fact has two sides, the business tax on turnover as a tax basis, in accordance with the industry to determine the tax rate, will inevitably exist for the same a business to carry out a number of taxes, which everyone is the phenomenon of double taxation, which is harmful for the development of enterprises, reduce the speed of the development of enterprises, reduce the flow of funds and will be blocked at Buckle chain.However, the value-added tax of our country it has been added to goods or services in part to income tax, the value added is in business or sales in the process of the newly created value, this value is not being taxed before, in the jargon is actually V+M it is the equivalent of the net output, or national income. Therefore, the VAT is fundamentally can effectively avoid the problem of double taxation, so that enterprises can reduce the tax burden, in line with the national policy to allow enterprises to reducing taxes and fees,and further push our country's two, the development of the three industry, and promote China's industrial structure the upgrade.The transportation industry is the foundation of the national economy, for the implementation of the air transport industry "replacing business tax with value-added tax(VAT)" is to provide a guarantee for the development of enterprises, say this is because for the airline every year a lot of the cost of spending on equipment purchased or spending, in this part before spending can not be tax deductible so will increase the enterprise burden, but now the implementation of value-added tax policies for the purchase of fixed assets or update the corresponding technical equipment renewal and technological transformation is to provide a guarantee of.2012 transportation industry was the first to "into the scope of the pilot replacing business tax with value-added tax(VAT)". For related to the transportation industry enterprises is undoubtedly a good news. But after all,"replacing business tax with value-added tax(VAT)" policy is a new policy implementation time is not too long at the same time Lack of effective historical experience to draw lessons from,the policy itself may also have deficiencies,the need for relevant personnel in the process of reform and exploration, continue to move forward, to avoid the risk, to bring more benefits to the air transport industry.This paper takes the method of case analysis, to calculate D airlines as the main object, using the financial data of D airlines, in the analysis of "replacing business tax with value-added tax(VAT) for financial and tax effects of D airlines, the financial data is mainly based on the financial data of 2015, 2014 and 2016 in the first half of the financial data as a supplement,to measurement of specific financial data,finally through the analysis of" replacing business tax with value-added tax(VAT) "direct impact on D airlines and explores the reasons behind the causes of the influence. This paper consists of four parts, the first part is the background of this study, research significance is introduced, this part is the beginning part in this paper, the advance of the described later in this article to do a very good bedding; research ideas and research methods is the general framework of this paper are briefly introduced. The second part is introduced.The relevant policies for the basic situation of D airlines and D airlines. The third part is the financial data of D airlines were calculated, through the financial data tabulation to clear the effect, and then the specific estimates found in the implementation of business tax with specific differences, the implementation of VAT obvious; through the data mining to the specific causes of these changes in the data. Finally, the measures in different aspects, so that D airlines can enhance their competitiveness in the "replacing business tax with value-added tax(VAT)".