Research On The Influence Of VAT Revolution On China Unicom

In the tax structure prior to the implementation of the "VAT reform",add-value tax and business tax are the two of most important types of turnover tax.VAT covers secondary industries other than construction,while most industries in the tertiary sector charge sales tax.In order to establish a tax structure compatible with this market economy,we should further perfect the VAT deduction chain,increase the input tax deduction for downstream enterprises and allow more enterprises to enjoy the reform bonus.Since June 2014,the telecom industry has been included in the scope of "VAT reform".The differential tax rate on the telecommunications industry reflects the state's support for the development of value-added telecommunications services.Most of the related enterprises belong to the service industry and strategic emerging industries,which is in line with China's strategy of accelerating the industrial restructuring and is an important measure to encourage the development of the service industry and support the development of strategic emerging industries.The year 2018 marked the fourth year of the implementation of the " VAT Reform" in the telecommunications industry.The "VAT reform" was originally a structural tax reduction measure.According to the information disclosed by the telecom operators' annual reports,however,the tax reform has Increasing the corporate tax revenue,affecting its short-term operating results,this phenomenon deserves attention.This paper,based on the background of the telecom industry "battalion change",studies its impact on telecom operators.Taking China Unicom,a representative company,as an example,this paper analyzes and calculates the income,cost and capital Expenses,taxes and profit changes as well as the reasons for this series of changes,and put forward appropriate tax planning measures and policy recommendations for the issue.This article is divided into six parts altogether.The first part is the introduction,which mainly introduces the research background and significance of the article,the main content of the research and the research methods adopted,and introduces the innovation points and deficiencies.The second part starts the case analysis and selects a representative telecom company,China Unicom,for its introduction and taxation analysis.The third part analyzes and compares the tax policies applied by China Unicom before and after the reform,and its significance.The fourth part is the main part,which is calculated and collated according to the data disclosed in China Unicom's annual report 2012 to 2016,and analyzed its income,cost,capital expenditure,tax burden and profit Change,and analyze the reasons for this change.The fifth part is mainly for the fourth part of the problems set forth in the tax planning and marketing management and other aspects of the proposal.The sixth part is the concluding remarks,summarizing the above contents and conclusions.The significance of this article is that the telecommunications industry is an important part of China's basic service industry and its level of development has a direct impact on people's living standard.Therefore,the telecom industry "battalion change" is of great significance.As the most important market player in the industry,China Unicom is extremely representative of the impact of the tax reform.When it entered the "valueadded tax" era,it not only brought about changes in tax accounting and revenue and profit data at the financial level And it is the result of it.It has a far-reaching impact on the operation level of the operators such as the procurement management mode,business direction,product marketing mode and IT system construction.This article focuses on the tax reform in the context of China Telecom as the representative of the telecom operators in the telecommunications industry "changes" before and after the changes and problems,and through analysis of the proposed response strategies aimed at the introduction of the commonality of the industry,Has important guiding significance and practical significance.