Research On Tax Planning Of Y Construction Company Under The Back Ground Of "Business Tax Change Value Added Tax"

In order to deepen the reform of the tax system,the pilot work of replacing business tax with VAT in our country has been carried out comprehensively since May 1,2016,which is aiming at deducing the tax burden of double taxation to taxpayers and promoting the transformation and upgrading of the construction industry.For construction enterprises,it can force them to change from extensive management to standardized industry management.Construction industry is the pillar industry in our country,which has a profound influence on development of social economy.However,because of its extensive management mode in construction enterprise,the construction enterprises unable to quickly adapt to change in the tax environment,and the tax burden is not decreased but increased,which seriously affect the profit of the enterprise.Therefore,under the new situation,it is particularly important to explore the tax planning of the construction enterprises.According to the political background that is replacing business tax with VAT,and based on the theory of tax planning,Y construction company is selected as the research subject,through investigation and interview,we got the first-hand information of the company.In view of the operation and tax status of the company,the existing problems of Y construction company’s tax payment were found out,that is the tax management lags behind,project contracts still need to be optimized,and difficulty in obtaining input deduction for major costs and expenses.In order to reduce the tax burden,maximizing profits,provide reference for the region’s other construction companies,we will design suitable tax planning and puts forward the corresponding security measures for Y construction company from this five aspects,tax management system,project contract from the company link,the choice of materials suppliers,labor input tax of labor costs and equipment leasing VAT tax planning.