Research On The Influence Of Value Added Tax Reform And Relevant Management Approach Of CX Company

With the speeding up of the pace of structural of adjustment of industrial upgrading,Value Added Tax was gradually imposed in transportation industry,modern service industry and postal service industry since 2011 to avoid dual-tax as well as to implement structural tax cuts.In March2016,the construction industry replace business tax with VAT,then the business tax quit the historical stage.Construction industry is the pillar industry of the national economic development which associated with numerous of upstream and downstream industries,so a research in the tax planning problem in the construction industry has practical significance after VAT levied on all activities.This paper used the literature research discusses the basic theory of tax planning method.Comparing the difference between the business tax and VAT and promote the idea that setting up a perfect taxation management system is a precondition for enterprises to enjoy lower tax burden.This paper uses the empirical approach as CX company as an example,from multiple perspectives,such as financial accounting mode and the enterprise management situation,to analyze the influence of VAT on the construction enterprise,which has the originality and practical significance.CX company's income reduced,cost rate does not fall,profit margins reduced,VAT tax burden raised after the VAT reform,this is put forward in this paper mainly due to the lack of tax planning concept and rigorous tax management methods and tools.Companies should shift its inherent management thinking as a VAT tax taxpayer.New taxation management need all staff participation and all staff should learn professional knowledge about VAT tax policy,VAT tax planning concept should be integrated into the management process.This paper established in the view of figuring out practical problems,and put forward the method to reduce the tax burden.Promoting the proposal of establishing a centralized management system for CX company to perfecting the tax planning.Providing management tools to settle practical problems,such as rationally choose the identity of taxpayer who apply to simply tax rate or original tax rate,to optimized select suppliers,to settle professional subcontracting problems.Tax planning for the construction enterprises at home and abroad research is mostly theoretical research,lacking of holistic view and practical significance.This paper focus on the CX company's actual situation and in the view of the actual problems to provide suggestions of tax administration.This research achievement is applicable to CX company after VAT reform andhas a certain guidance and reference significance for other construction enterprises to reduce the tax burden.