Research On Value-Added Tax Planning Of Construction Industry Under The Background Of Whole "Business Tax Changed To Value-Added Tax"

In May 2016,China completed the tax system reform of “Business tax changed to Value-added tax” in an all-round way.Faced with the high tax burden of construction enterprises and the fierce competition environment,construction enterprises can achieve the goal of reducing operating costs by seizing the opportunity of the implementation of the “Business tax changed to Value-added tax” policy,making prior arrangements for business operations of enterprises,rationally designing VAT tax planning programs,and saving tax expenditures of enterprises.Starting from the basic principles of VAT tax planning,this paper analyses the internal and external motivations of VAT tax planning in view of the current situation and characteristics of China's construction enterprises,combines with the relevant policies of “Business tax changed to Value-added tax” in construction industry,studies and analyses the current situation and problems of VAT tax planning in construction enterprises,and analyses the outstanding problems of construction industry after “Business tax changed to Value-added tax”.According to the cost characteristics of construction enterprises,this paper studies and analyses the EPC(Engineering-Procurement-Construction)contract,leasing business,supplier selection and labor cost planning of construction enterprises.As for EPC contracts,in order to avoid the high applicable VAT tax rate and increase the burden of enterprise VAT caused by the mixed operation without separate accounting,this paper mainly studies the VAT tax planning scheme by dividing EPC contracts and adjusting the different business contract prices in EPC contracts.In the leasing business,this paper starts from three aspects: reasonable arrangement of equipment leasing,change of long-term leasing contract and full use of financial leasing,and then designs a reasonable plan for VAT tax payment.In supplier selection,this paper studies the feasibility of three points of VAT tax planning.Firstly,it strives to maximize the input tax of VAT obtained by enterprises,which mainly starts with the selection of tax-containing quotation and tax-free quotation.Secondly,according to the method of supplier quotation equilibrium point calculated by the enterprise,it makes decision on supplier selection with different tax-containing quotation and calculates different sympathies.In the case of supplier quotation balance point,and design a VAT tax planning program;finally,in view of the supplier quotation contains transportation costs,how to rationally use the "one-vote system" and "two-vote system" problem.In the aspect of labor cost planning,it mainly focuses on two aspects: labor subcontracting and labor dispatch.In the aspect of countermeasures and suggestions,this paper mainly starts with the construction of the enterprise's own tax planning environment,focusing on the construction of its own tax planning team and the training of talents.