Research On The Financial Impact Of "To Replace The Business Tax With A Value-added Tax" To G Financial Leasing Company

Financial leasing industry as a new field of modern service industry and an important part of great contribution to promote the optimization of our industrial structure upgrading and economic sustainable and healthy development of a large number of capital,technology and equipment are provided,has a very important role in promoting financial reform and innovation."12th Five-Year" period,China's economic restructuring to accelerate financial reform in a full-scale,the leasing industry showed vigorous development trend,the number of enterprises and the size of assets are increasing,the scope of business is expanding,the abilityof business management and risk control has been improved rapidly.Tax policy as a basic national policy tool for the allocation of economic resources and guide the development of the industry,its content is directly related to the financing lease operating costs,affecting the development of financial leasing industry scale and the level of competition."To replacing business tax with a value-added tax(VAT)" is an important part of the national implementation of structural tax cuts,a major reform is to promote the transformation of economic development mode and promoting the adjustment of economic structure,and the choice of establish and improve the healthy development of tax system.At the beginning of the reform pilot in 2012,tangible movable property leasing was classified as part of the modern service industry into the pilot area.Over the years,the pilot operation provided experience for the full implementation of the "To replacing business tax with a value-added tax(VAT)".Fully open in May 1,2016 replacing business tax with a value-added tax(VAT)pilot,ended the lease of tangible personal property and real estate leasing from value-added tax and business tax history,completed the pilot reform of leasing industry.In this paper,based on the study of research status in China and abroad,introduce the theoretical basis of the financial leasing and the "To replacing business tax with a value-added tax(VAT)",and elaborated the process of the financial leasing industry implementation of the "To replacing business tax with a value-added tax(VAT)".According to the analysis of the "To replacing business tax with a value-added tax(VAT)" financial impact on G financial leasing company.The study found that,before and after the "To replacing business tax with a value-added tax(VAT)",G appeared the tax burden fluctuation,net profit rose,implementation tax policy difficult etc.Then the relevant suggestions to strengthen job training,seek avoidance space,strive for a favorable policy,standardize the financial management to optimize the company's financial of G company.I hope the inform of the financial leasing industry transitions and develops smoothly,and make greater contribution to the upgrading of the economy and the sustained and healthy development of China's industrial structure optimization.