Tax Planning Research Of Guangshen Railway Company On The Background Of Replacing The Business Tax With A Value-added Tax

Railway transportation industry as a industry to provide productive services,it mainly levied business tax before tax reform.The way of business tax calculation is easy,but it is unfavorable to sustainable development of whole industry.From the first of January in the year of 2014,railway transportation industry is contained in pilot sectors to replace the business tax with a value-added tax.The action makes deductible chain of value-added tax of railway transportation industry perfect.The action also solves the problem which entreprises in the Industrial pay taxes again.It has a very positive meaning.Tax incidence of some entreprises of railway transportation industry not descend but ascend after replacing the business tax with a value-added tax.The main factor is that the asset of entreprises of railway transportation industry was mainly purchased before replacing the business tax with a value-added tax.It can not offset input tax.And some entreprises take no count of tax planning.These factors increase tax incidence.This paper based on this background for tax planning scheme of railway transportation.Firstly we analyze the effect of the tax reform to railway transportation industry.Firstly,comprehensive research literature in the field of railway transportation tax planning.Introduce the related basic theory and planning methods which involve in this paper.Secondly regard the guangshen railway limited liability company as research object.Introduce the main business situation,the tax situation and the operation situation of enterprises.Through analysis financial data of the guangshen railway company in recent years,we analyze the tax situation of enterprise pay off in the period of replacing the business tax with a value-added tax.And according to the tax situation which enterprise pay off,we analyze the present situation and shortcomings of tax planning of enterprise.Thirdly,according to the shortcomings of tax planning of value-added tax,we put forward the reasonable tax planning advice from purchase,management and accounting.In the implementation process of planning scheme,it may face the potential risks.Then we put forward the corresponding countermeasures.