Research On The Effects And Countermeasures Of Replacing Business Taxes With A Value-added Tax To The Local Taxes Income

Business tax to VAT is the highlight of China’s tax reform in recent years,May 1,2016 from the "replace business tax with value-added tax" fully opened.This is the largest tax reform since the reform and opening up,the industrial structure adjustment,economic growth mode change,the intergovernmental fiscal relationship reconstruction have an important impact.However,we see the "replace business tax with value-added tax" the benefits of the same time,but also to see,"replace business tax with value-added tax",the local financial difficulties faced.The implementation of the policy is to shake the local tax system,so that the original main body of the tax is lost,breaking the original local financial support system,resulting in the central and local financial rights and rights of the game.The local tax system at all levels is the cornerstone of maintaining the balance of local fiscal revenue.It is also the fundamental place where the administrative functions are carried out at all levels according to law.The full implementation of the "replace business tax with value-added tax" has resulted in the largest tax on the main tax in the local tax system The existence of local revenue is not the largest source of local revenue has had a profound impact.It can be seen that the impact of the "replace business tax with value-added tax" on the local fiscal revenue and improve the local tax system has become an important part of China’s fiscal and taxation reform.This paper first introduces the basic situation of the paper,including the meaning of the paper,the literature review,the research framework,the method and the innovation and the insufficiency of the paper.Secondly,it discusses the theory of the construction of the local financial resources,starting from the theoretical origin of the influence of the,Then based on the theory of fiscal decentralization as a theoretical support;and then "replace business tax with value-added tax" by the economic effect of the theoretical analysis,by analyzing the "replace business tax with value-added tax" on the industrial structure adjustment,the impact of economic growth and further analysis of its impact on fiscal revenue Behind the empirical analysis to lay the theoretical basis.The following is the empirical part of the article: First,the use of ADF model to prove the "replace business tax with value-added tax" on the impact of local economic growth,that "replace business tax with value-added tax" will promote local economic growth.Second,the use of China’s current central and local value-added tax revenue taxation policy to calculate the "replace business tax with value-added tax" short-term impact on local fiscal revenue.On the basis of this analysis,it is concluded that the fiscal revenue of some provinces is increased according to the transitional value-added tax distribution policy,and the fiscal revenue of some provinces is reduced.The uncertainty of this fiscal revenue is affected by the local tax structure.The results show that the higher the proportion of business tax accounted for the two taxes,the greater the loss under the new program,the higher the proportion of tax rebate.Taking into account the current tax rate and the central and local value of the proportion of VAT there are major shortcomings,the article conducted a reasonable test and estimates,and come to the level of China’s economic development of the tax rate and the central With the share of value-added tax.Next,through the use of "China’s regional input-output table in 2012","2013 China Statistical Yearbook","2013China Tax Yearbook" to 2012 as the base of the indicators of progress correction and adjustment,And the analysis of the difference between the local fiscal revenue and the basic stability before and after the "increase" and "replace business tax with value-added tax" to the development of the lower level of economic development.And on this basis,put forward to improve the local fiscal revenue system of the conclusion: a reasonable adjustment of the central and local share ratio,timely reduction of tax rate grade,reconstruction of the main body of the tax.