The Research On The Impact Of VAT Replacing Business Tax On Tianyuan Construction Company's Tax

Replacing Business Tax with Value-added Tax is an important measure of China's tax structure reform.Its fundamental purpose is to reduce the tax burden of enterprises,to optimize the structure of tax system,and to promote the transformation and upgrading of industrial structure.As one of the pillar industries of the national economy,the construction industry in the middle of the production process,the collection of business tax makes the tax from the upstream suppliers cannot be deducted,which will directly break the VAT deduction chain,resulting in repeated taxation.Since May 1,2016,the construction industry is fully included in the pilot scope of Replacing Business Tax with Value-added Tax.While construction companies facing a new tax environment,will they meet the tax reduction targets?If not,what is the cause of the phenomenon?If we can clarify the problems existing in the process of Replacing Business Tax with Value-added Tax,not only help construction companies to effectively implement the policy,realize the goal of tax cuts,but also beneficial to help the construction industry to realize the transformation and upgrading.This article takes our country fully implementing Replacing Business Tax with Value-added Tax as a policy background,with policy implementation situation of Tianyuan construction companies as the research object.First of all,this paper based on the concept and related theory of the business tax and value-added tax,and further reading Replacing Business Tax with Value-added Tax policy,provide solid theoretical and policy support to the research of the policy implementation situation of TY construction companies;Second,using case analysis,comparative analysis and investigation method and so on to analyze and conclude that the Replacing Business Tax with Value-added Tax policy can help Tianyuan construction company reduce the tax burden from the theory Angle,but the actual tax burden of Tianyuan construction company was rise after the implementation of this policy.This indicating that Tianyuan construction company has not achieve the tax reduction targets of Replacing Business Tax with Value-added Tax.Through in-depth analysis,this paper argues that the cause of Tianyuan construction company tax problem lies in many problems such as the scantily and untimely deduction of VAT input tax,imperfect tax management system and unregulated business model.Finally,based on the existing problems of Tianyuan construction company,this paper puts forward some specific countermeasures and Suggestions To help the company better implement the policy of Replacing Business Tax with Value-added Tax and to achieve the tax reduction targets.