Impact On The Performance Of D Airline Of Replacing The Business Tax With Value-added Tax

With the rapid development of economy,China pays much attention on tax system.Replacing the business tax with VAT has been the key to the development of tax system,which can not only improve the tax system,but can also avoid the double taxation of enterprise.In the meantime,it contributes to the division of social labor?industrial convergence ? the enhancement of competitiveness.The transportation industry is the very important sector of the national economy,which also is the key point of business tax into VAT.From 2012,China began to take the tax reform policy in Shanghai,which has shown good results.Tax reform led directly to the development of local economy and improvement of enterprise performance.With the full implementation of business tax into VAT,That how companies can better improve performance and how to adapt to the current situation is very important.The focus of this paper is to study the D airline in the transportation industry,which is the object of study,and then analyze how to improve the relevant policies and systems in the context of national tax reform.This paper starts from the content,background,significance and current situation of the research,and then puts forward the relevant research ideas,methods and innovation.Then the paper analyzes the theory of the enterprise performance,and points out the necessity and basic train of thought.In order to see more the changes brought by the business tax into VAT in enterprise performance clearly,the article introduces the summary of the D airline,the business into VAT and the corresponding results.At the same time,it also analyzes the effect of D airline performance evaluation index in order to increase the production of the business tax into VAT.Replacing business tax with VAT on the performance of the company,mainly analyzes from the aspects of profitability and the growth ability.The results show that the process of business tax into VAT resulted the decline in the tax revenue.The Data comparison of D airline shows that from 2012 to 2015,the company's annual turnover tax to pay a total of less than 1 billion 831 million 700 thousand yuan in 2011.Corporate income tax is paid less than 998 million 840 thousand yuan.At the same time D in the net profit growth,the main business revenue and profit growth,net asset income,the indicators of the cost have declined.With the decline of the camp changed the development level of profitability,caused by tax decrease and the company,the tax burden is only a part of the financial performance of the companies affected,resulting in enterprise performance influence the biggest reason is the increase in fuel price,pricing mechanism etc.Through the above analysis,the paper summarizes the theory and case analysis,and then puts forward how to improve the enterprise and government policy.In the course of study,this paper makes use of a great number of relevant data of D airline,and then provides a strong data support for the analysis of the tax burden and performance changes before and after the business tax into VAT.Ultimately we hope to be able to have a more accurate and clear understanding of replacing the business tax into VAT in order to help enterprises to adapt to the current situation.