Problems And Countermeasures Of Tax Policy Implementation In The Construction Industry

Taxation has an important impact on the economic and social development of our country.In order to play the role of tax in economic development to a greater extent,the state has decided to carry out the replace Business Tax with Value-added Tax,thus " replace business tax with value-added tax" has become an extremely important part of our tax reform.Construction industry plays an important role in China's national economy,but its tax collection lacks of scientificity before the trial of business reform and increase.The purchase of machinery and materials purchased during the preparatory process of the construction industry,the supplier needs to pay 17% value added tax.The tax is generally included in the total price and married to the construction enterprise,but the VAT special invoices obtained in this part of the tax payment are operated in the construction industry with a 3% tax rate.Tax cannot be deducted,resulting in duplication of taxes.Repeated tax payment will lead to the increasing cost of construction industry,which is not conducive to further development of the whole industry.Therefore,in order to solve this problem,the pilot of the " replace business tax with value-added tax" policy has been expanded to the whole industry since May 2016,including the construction industry.Since then,China's " replace business tax with value-added tax " reform process has made great progress,business tax was replaced by VAT.At present,due to the construction industry " replace business tax with value-added tax " policy implementation pilot time is not long,in the implementation process there will inevitably be a series of problems and risks.This paper makes a detailed comparison of tax burden,operating profit and cash flow between VAT and Business Tax levied on the construction industry,and analyzes the "Business Increase" in the construction industry,based on the general theory of the policy of "Business Increase" in the construction industry.The problems and challenges encountered in the implementation of the policy are analyzed and summarized in the light of the specific conditions and relevant data of the construction industry in Chengdu.The impact of the "business-to-business" increase on the development of construction enterprises,the trend and trend of future reform,financial internal management,tax payment and planning,invoice links and other aspects are analyzed and summarized.From the perspectives of administrative organs and policy-making departments,this paper further analyzes the main causes of these problems,and finally puts forward some systematic suggestions for these reasons,so as to promote the business development of construction companies,which has important reference significance in improving the tax system reform of " replace business tax with value-added tax " in the construction industry.