Analysis On The Change Of Tax Burden Of C Bank After Replacing BT With VAT And The Countermeasures

The policy of replacing the business tax with a value-added tax is a significant measure for government to reduce the tax burden of enterprises.Its main purpose is to make deduction chain more complete,overcome repeated taxation,cut down the cost of innovation and encourage the company to invest the high value-added products.Although the starting point of government is good for company,not all of them will benefit from the policy.The paper regarding the C Bank as the only object of study,focusing on the tax burden of C Bank during the policy of business tax and value-added tax,and finds that the tax burden of C Bank is increase with a growth rate of thirteen percent.The final result not only against the original intention of reducing the companies' tax cost,but also making C Bank face with enormous pressure in the intense competitive environment.Therefore,the paper is combining the author's experience and the truth of the C Bank,aiming for finding the answer of increasing tax burden and bringing some viable countermeasures.