Cost Management Research Of Real Estate Development Enterprises Based On The "Business Tax To Added-value Tax" Policy

In recent years,Business tax into VAT(Value Added Tax)is the most important reform in the field of tax in China,which has a significant effect on the development and production of all fields.Since May First,2016,the business tax into VAT reform in China has been officially started in the real estate enterprise.Because of the characteristic that VAT is deducted in circle,and the real estate industry has characteristics of complex structure of cost structure,long industrial chain and many production links,the implementation of the policy of business tax into VAT will further enhance the requirements of the cost management and tax planning of real estate enterprises.Therefore,for making the real estate enterprise better deal with the reform trend of business tax into VAT,based on the background of VAT,aiming at the cost management of real estate development project,this paper launches the following researches :First of all,the thesis analyzed the cost consists of the land cost,design cost,material cost,labor cost,machine cost and tax burden and so on based on the analysis of cost management connotation,and we found that in the project cost management,the cost of each item should follow the basic principles of cost management,which indicated that the way to raise the most profit of the enterprise is to manage the subentries of cost following the management rule.Secondly,on the basis of the comprehensive understanding of the real estate project cost management theory,we analyze the current cost management situation of the real estate development project with the background of business tax,combining the theoretical basis with the mathematical model,and we analyze the impact of the business tax into VAT on real estate projects.Mainly from the following four aspects:First of all,based on the cost factors,this paper analyzes the impact of VAT for real estate on the development cost of the project;secondly,with the establishment of the cash flow fluctuation model,we analyze the effect of VAT on the cash flow;thirdly,through the establishment of the tax change analysis model,we analyze the influence of VAT on its tax incidence;we make a summary of the influence of business tax into VAT on the real estate project's operation model.?Again,the paper put forward countermeasures and suggestions on how to improve the of the tax management level of real estate development projectmanagement and operation mode under the VAT environment,paying attention to make analysis of the business tax into VAT before and after.This paper focuses on the change of "A supply " mode of real estate project,makes a comparison of tax incidence between A and B side under different cooperative mode,and we put forward the operation mode of "A" in real estate project under the VAT environment,as well as determine the specific proportion of A supply through the total amount of the total ad valorem tax and Engineering tax.Finally,the paper connects theory with practice,takes the W project of the enterprise where the author worked for as the research object.The author collects the financial statements of W project and the cost data of representative projects,summarizes the problems existing in the cost management of W project under the background of business tax.What's more,through the actual data to compare and analyze the impact of business tax into VAT on W project,about revenue,tax incidence,financial management and so on.And on this basis,the author puts forward the countermeasures and suggestions on how to improve the level of cost management of real estate project.At the same time,the author provides a theoretical basis for the real estate development projects for the better adaptation of the reform trend of business tax into VAT.