Comparative Analysis Of Cost Benefit Before And After VAT In Guangzhou Shenzhen Railway

With the gradual deepening of China's reform and opening up,the current tax system has been keeping pace with the economic development.In particular,the coexistence of business tax and value-added tax has caused the problems such as duplication of tax burden,unfair tax burden and heavy tax burden and so on.It seriously restricts the development of modern enterprises based on the third industry,which is unfavorable to the further improvement of China's tax system.The improvement of the tax system has always been an important issue in China's long-term fiscal policy.Structural tax reduction is one of the most effective tax reform measures.VAT is an important measure to deepen the reform of fiscal and tax.In early 2012,Shanghai officially became a pilot,until now it has been six years.The field of tax reform has been extended from the initial Shanghai to the whole country.The tax reform industry has been gradually deepened from the transportation industry and some modern service industries to the social activities and social activities.As a part of the productive service industry,railway transportation plays a great role in all aspects of "person","goods" and "material" in the operation of transportation economy.Before the tax reform of the VAT,the state mainly levied the business tax.Although the business tax method is simple,there are repeated expropriation,which is not conducive to the continuous development of the whole industry.Since January 1st in 2014,railway transport has been included in the pilot area of VAT,which has achieved a comprehensive "business transformation" of the entire transportation industry.After tax reform,the industry value-added tax deduction chain has been perfected,and the problem of repeated taxation has been solved,which has great positive significance.The proportion of transportation tools in railway transportation industry accounts for a large percent.The implementation of the VAT directly affects the size of the enterprise tax burden,and then affects the technological transformation,the renewal and replacement of transportation equipment and fixed assets,and ultimately affects the financial performance of the company.However,the tax burden of some railway transport companies has not fallen as expected after the VAT,but is on the rise,which runs counter to the reform target of tax reduction.Therefore,it is great significance to study the tax burden of the transportationindustry to reduce the cost of the enterprise and to maximize the efficiency of the enterprise in advance of the big background of promoting and realizing the overall coverage of the VAT.Based on this background,this paper first analyzes the influence of the VAT reform on the railway transport industry,and studies the related literature.Taking the Guangzhou Shenzhen Railway Limited company as the research object,it introduces the main business situation,the operation situation,the tax rate before and after the VAT,and the tax on the VAT.The rate,the tax basis and the accounting method are all inconsistent.Before reducing the data of VAT,the article compares the changes of the data before and after the reform under the same operating conditions,and finds that the impact of the transfer tax burden on the profit is far greater than the income and the cost.If we want to maintain the original profit or promote the growth of profit,we should strictly manage the entry of VAT.Enterprises should promptly set up special VAT invoices in purchase of goods,deduct the amount of tax and reduce the tax burden.According to its situation,it is analyzed that the phenomenon of insufficient deduction is mainly existed in Guangzhou Shenzhen railway company,and the state tax reform is incomplete,and the tax reform work is not enough.Guangzhou Shenzhen railway should rationally update the equipment technology to increase the amount of offset,and pay attention to the acquisition of VAT special invoices,standardize the internal management,upgrade the tax control system,and train the financial and financial personnel of the company.And the state consummate the national tax system.At the same time,strengthen the tax collection and management means,in order to improve the efficiency of tax collection and management,and promote the healthy and sustained development of the national economy.At the same time,it also provides reference for other similar companies to maximize the benefits of reducing tax burdens under the tax reform.