Research On The Strategy And Impact Of JN Bank Under Replacing Business Tax With VAT

It is another important fiscal reform to replace the business tax by the added-tax(VAT)after the 1994 tax sharing reform in our country.For a long time,there are many drawbacks of parallel business tax and VAT system,such as double taxation,unfair tax,incomplete VAT deductible chain and other issues have seriously restricted the healthy and rapid development of the financial industry and other services.After May 1st this year,the financial industry completely bid farewell to the business tax era,entered the VAT era.As one of the most important part of the financial industry,It has been attracted wide attention to replace the business tax by VAT for banking.There are many researches on replacing the business tax by VAT for banking,which focused on forecasting the effect of replacing the business tax by VAT for banking.Practice test is not sufficien.it is necessary to carry out in-depth study of the effect and influence of replacing the business tax by VAT for banking.Based on the JN bank reform practice,this paper discusses the tax and management influence of replacing business tax with VAT in JN bank,through a combination of methods of quantitative and qualitative analysis,theory and practice,which obtaining the first-hand material.And the paper helps the enterprise put forward response measures in the end.After analysis above,the paper draws the following conclusions: The tax burden of JN bank rises after the replacing business tax by VAT.Meanwhile,the operational risk for management of the tax is on the increase;About the business perspective,The profitability of JN bank declines by the influence of replacing business tax by VAT,and the accounting treatment mode changes.JN bank can enhance the will of product pricing,and will pay more attention to expanding the proportion of intermediary business.On this basis,the paper puts forward 5 countermeasures,including reasonable tax planning,strengthening tax personnel training,optimizing the operating structure,improving the fiscal management system and seeking financial support actively.This paper is divided into 7 parts to carry on the research:the first part is the introduction,describes the background,significance,research status,research ideas and research methods;The second part elaborated theory of replacing business tax by VAT and related policy background;The third part describes the basic situation of JN bank,including the general situation and operation tax burden;The fourth part analyzes the influence of replacing business tax by VAT for JN bank on tax burden;The fifth partfocuses on the effect on business and management of replacing business tax by VAT for JN bank;The sixth part is the countermeasures and suggestions;The seventh part is the conclusion and prospect.