Research Of "Business Tax To VAT" Impact On Real Estate Industry And Solutions Of Implementation By Local Government

Before "Business Tax to VAT" reform,the real estate company involves a wide range of taxes during the real estate development process which cause the company serious tax burden,and indirectly lead to the real estate price,in the long term,it will be harmful for the real estate industry.Since the "Business Tax to VAT" is implemented,the real estate business tax burden will be related to the survival and development of real estate company.As a pillar industry of the national economy,real estate industry not only directly affects the development of China's national economy,but also related to the realization of local fiscal revenue,the level of national living standards,and also through the role of other industries,indirectly affect the entire economic environment variety.Therefore,how to implement "Business Tax to VAT"successfully,and get over all adverse effects and risks,has become a problem which the local government need to face and solve.This thesis starts with the qualitative analysis of "Business Tax to VAT" affects the real estate company includes four aspects:tax system,profits,financial system,business behavior;after that,through the analysis of the influence degree of the real estate market,conclude the problems which the real estate industry will encounter;at the end,focus on the local government,how to solve the problems during implementing the "Business Tax to VAT".Through the analysis of this thesis,the target of "Business Tax to VAT" reform is tax reduction,however,from the company point of view,"Business Tax to VAT" reform will inevitably affect the tax burden,operation costs,financial accounting business model of real estate company.