Study On The Impact Of "Replacing Business Tax With Vat" On The Financial Of A Construction Enterprise

"Business tax to VAT" is the full name of the business tax to value-added tax.As one of the major national tax reforms,"replacing the business tax with a value-added tax" faces both challenges and opportunities.After the comprehensive replacement of business tax with value-added tax,China will adopt a unified value-added tax system to avoid double taxation caused by business tax and reduce tax evasion,so as to objectively improve the tax collection and management capacity of the government and make the tax environment more fair.At the same time,it also has a very important impact on the transformation of industrial structure,stimulating consumption and promoting entrepreneurship and employment.Since May 1,2016,"replacing business tax with value-added tax" has been implemented nationwide,and its scope has been extended to the construction industry,real estate industry,financial industry and life service industry.The purpose is to ensure the reduction of tax burden in all industries,improve the tax system and promote the healthy development of enterprises.However,the policy change has also brought significant impact and many problems to the construction industry.Due to the defects in the scope of the deductible items,the tax burden of enterprises may not fall or may even rise.In essence,the fundamental purpose of replacing business tax with value-added tax is not only to reduce taxes,but also to avoid repeated taxation in various industries.Compared with business tax and consumption tax,VAT is the most scientific and reasonable.It is the value-added tax on the value-added part of the goods or services produced and sold,effectively ensuring the rationalization of corporate tax.Based on the analysis of the domestic and foreign background of replacing the business tax with a value-added tax,this paper analyzes the recent policy contents of replacing the business tax with a value-added tax through the follow-up research of the domestic policy,and points out the influence of the current "replacing the business tax with a value-added tax" on the development of construction enterprises.Taking A construction enterprise as an example,this paper further analyzes the influence of "replacing business tax with value-added tax" on the finance of A construction enterprise,and puts forward corresponding countermeasures and Suggestions.The specific structure of the paper is to first introduce the research background and significance of "replacing the business tax with a value-added tax" and the structural framework of the paper.Then,it describes the theoretical basis of the paper,and then introduces the financial status and existing problems of A construction enterprise.Then,taking A construction enterprise as an example,it introduces the impact analysis of "replacing business tax with value-added tax" on the finance of A construction enterprise.Then put forward A construction enterprise to "business tax to value-added tax" countermeasures and Suggestions.The final conclusion is that after the "business tax is replaced with a value-added tax",the key to affect the tax burden of construction enterprises lies in the amount of input tax deductible obtained by enterprises,so it is necessary to obtain as many special VAT invoices as possible to reduce the tax burden of enterprises.As well as the "business tax replaced with a value-added tax" if the timely adjustment of financial management methods,enterprise tax burden can be reasonably reduced.Through the analysis of this paper,it can be seen that the formulation and implementation of "replacing business tax with value-added tax" plays an obvious role in promoting China's tax reform and promoting the healthy development of China's market economy.However,"replacing the business tax with a value-added tax" is not perfect,and its domestic policy promotion is troubled by some problems.In order to perfectly present the reform,the government and enterprises need to make further efforts.Therefore,this paper discusses the implementation status of the pilot reform of "replacing the business tax with a value-added tax" in China,emphasizes the necessity of the application of "replacing the business tax with a value-added tax" in construction enterprises,and analyzes the feasibility of the application of "replacing the business tax with a value-added tax" in construction enterprises.In the discussion on the influence of "replacing business tax with value-added tax" on A construction enterprise,combining with the specific situation of A construction enterprise,the business situation of A construction enterprise is analyzed.Meanwhile,the financial status of A construction enterprise is also analyzed.Specific analysis is made on its influence from negative tax,cash flow,income,accounting,investment and financing risks.Finally,it points out the specific Suggestions of A construction enterprise to replace the business tax with A value-added tax,and makes A summary from the policy and within the group.Policy need to optimization design of VAT rates,improve the standard of average taxpayer,determine the pilot industry and area,clear the taxpayer obligations as place and time,reform the existing engineering cost valuation rules,improve the stock of fixed assets input tax deduction system,implementation of simple and easy method method,adopts the transitional preferential policies.The company needs to do a good job in study,training and publicity,pay attention to personnel training,strengthen the foundation of financial management,clarify the company's management responsibility system,standardize the selection standards of subcontractors and suppliers,improve the procurement management system,improve the financial management accounting system,and strengthen the scientific and reasonable control of tax-related.At present,under the premise of the era of structural tax reduction,it is necessary to gradually expand the scope of value-added tax collection,readjust the tax distribution of central and local governments,and reasonably improve the corporate tax system.In particular,construction enterprises are in the middle of the national economy.In order to reduce the tax revenue of construction enterprises,this paper argues that upstream and downstream enterprisesshould also help improve the system of "replacing business tax with VAT" and realize the integrity of the VAT deduction chain.Meanwhile,construction enterprises should improve their own management level and improve their internal control.Strictly control the qualification level of cooperative units,so as to save costs,reduce tax burden and smoothly implement the policy of replacing business tax with VAT in the construction industry.Only by forming a benign tax environment can enterprises develop healthily.Finally,through the discussion of this paper,I hope to enable readers to understand the nature of "replacing the business tax with a value-added tax" and further analyze the impact of "replacing the business tax with a value-added tax".Analyze from multiple angles,and point out how to choose active and effective measures to improve the situation under the premise of management loopholes and unscientific tax planning,so that the company can more accurately make necessary countermeasures and find the right exploration direction when facing the "business tax to value-added tax".