The Influence And Countermeasures Of VAT Reform On Construction Enterprises

In the opening ceremony of the 12 th National People's Congress four conference,premier li keqiang announced on May 1,2016 full implementation of the "camp" instead,the real estate industry,construction industry,financial insurance and life service industry and other industries at the same time into the camp to increase scope of the pilot.Construction industry as the leading industry of the national economy,has high social correlation and employment absorption capacity,plays an important role in national economy and status.Business tax as a result of the construction industry has a wide business scope,to increase the impact is bigger,also a wide range of aspects.Construction enterprises as an important part of the construction market,analysis of ”replace business tax with value-added tax” the impact on the construction enterprises is of great significance.At first,this paper on the basis of the analysis of domestic and foreign scholars research,points out that the construction industry in China implement the " replace business tax with value-added tax " and analyze the inevitability of scholars research on "change business tax into VAT".Secondly,the current construction "replace business tax with value-added tax" policy analysis,compared before and after policy to add "business tax" major changes,such as definition of the taxpayer,the tax items and tax rates of change and so on,through the analysis of the characteristics of construction enterprises,classification,business process,etc,to briefly understand construction company profile.Then according to the characteristics of the construction enterprise,analysis of the type "change business tax into VAT" the impact on the construction enterprises.Analysis from the perspective of building enterprise contracting mode diversity,the construction enterprise EPC general contracting mode,BOT mode,which provided "change business tax into VAT" before and after the change;Through the analysis of the financial statements of large public building domestic enterprises and financial index,points out that the "battalion to add" can reduce the tax burden of building enterprise,due to the change of the income and cost accounting caliber makes building enterprise profit compared to the declined,at the same time,also increased the debt risk of the enterprise.Finally,in order to better cope with "change",put forward Suggestions on the construction enterprises of some coping strategies.Such as strengthening contract management,optimize the contracted operation mode;To improve the level of enterprise qualification,and optimize the cost accounting system;Reasonable control construction settlement system,avoid the tax risk and capital pressure,etc."Business tax" instead for construction enterprises is both an opportunity and a challenge,therefore,enterprises should not only face the possible problems,also should seize the opportunity to play as much as possible " change business tax into VAT" policy is beneficial to the development of enterprises,make the enterprise gain more tax benefits.