Research On Tax Effect Of Waterborne Transportation Industry Against A Background Of Business Tax Replaced With VAT

The transportation industry occupies an important position in the national economy,so the steady development of the waterborne transportation industry is closely related to the development of China’s import and export trade.It also has important influence on the improvement of our country’s industrial structure.However,after the global financial crisis in 2008,the international shipping market began to decline,and a situation of oversupply has emerged.At present,nearly half of China’s dry bulk shipping companies have been in a state of loss for a long time,their capital flow were in a tight state at the last time.Waterborne transportation enterprises are faced with more severe market situation and internal management situation.Therefore,it is urgent to explore how to reduce the cost and optimize the business structure of the enterprise in order to improve the profit margin.This article is divided into six parts.First,analyzing the background and research purposes of this paper,and the existing research literature related to Business Tax Replaced with VAT in waterborne transportation industry.Second,explaining the relevant basic theory,then the theoretical framework of this paper is obtained.Third,analyzing the current situation of China’s waterborne transportation industry from the aspects of infrastructure construction and fixed assets investment,business completion and related industrial policies.Fourth,Samples of the 2010~2016 annual report of the listed companies of waterborne transport industry,the business income is divided into handling storage revenue,port management revenue and transportation revenue,make an empirical study on two aspects of the impact of tax on business efficiency and the impact of tax burden on business structure.Fifth,Summing up the results of empirical research,combine with the development status and future opportunities of waterborne transport industry,put forward effective suggestions on the management of water transport enterprises.Sixth,Summing up the conclusion of this article.That is,the tax burden of the waterborne transport enterprises has increased after Business Tax Replaced with VAT.To a certain extent,improving the handling storage business and transportation business,and reducing the port management business,that is beneficial to reduce the tax burden of enterprise circulation tax.Then this paper explains the shortcomings of the study.Based on the above results,the thesis puts forward suggestions for future improvement and the direction of further research.