Research On The Tax Management Of Construction Industry After Replace Business Tax With Value-added Tax Of Weihai City

Since the opening of the Replacing business tax with value-added tax in Shanghai in 2011,after several reforms,the reformation has been expanded to all industries,China’s full usher in the era of value-added tax.The reform from May 1,2016 in the country to promote the construction industry,real estate,finance,life services into the scope of reform,but also the real estate into the scope of value-added tax deduction.In order to achieve the purpose of reform,consolidate the fruits of reform,speed up the adjustment of industrial structure,improve the economic system,the Ministry of Finance and the State Administration of Taxation introduced a series of policies to guide the reform.The construction industry is one of the last industries that have not yet been reformed.The reform of the construction industry is of great practical significance.Construction industry to enter the value-added tax management,is conducive to open up the industry to offset the chain,to encourage construction enterprises to increase investment in equipment and scientific research to promote the construction enterprises to upgrade.On the other hand,the reform can also reduce the tax burden of construction enterprises,forced construction enterprises to standardize the operation and enhance the management level,thereby enhancing the core competitiveness of enterprises and development potential.However,there are also many challenges to tax management of the newly incorporated construction industry in the reform of replacing business tax with value-added tax.The construction industry is more complex,the financial accounting of construction enterprises is not standardized,the taxpayer’s tax sense is relatively weak,the taxpayer has many ways to tax evasion,the risk of tax administration continues to rise.How to play the role of functions,to seize the key characteristics of the industry to enhance the quality of tax management,to deal with the risk of management has become an important issue that the tax authorities need to solve.This paper introduces the basic theory of the reform of replacing business tax with value-added tax of the construction industry in detail,analyzes the policy difficulties and key points in the reform,discusses the impact of the reform on the construction enterprises,This paper analyzes the positive significance of reform from the aspects of structural tax reduction,industrial upgrading,investment promotion and standardized operation.This paper takes the taxation of the construction industry of Weihai city as an example,detailed analysis of the actual data,summed up the tax characteristics and the development law of the construction industry,found that the tax management difficulties and challenges of the construction industry after the reform,analyzes the causes of the problems.Finally this paper puts forward the suggestions on the tax administration,which provides a reference for the future tax administration of the construction industry.