Study On The Influence And Countermeasure Of "to Replace The Business Tax With A Value-added Tax" On W Property Management Company

The reform of the fiscal and taxation system is also advancing steadily in the overall context of the country's comprehensive deepening reform.Since May 1,2016,to replace with business tax,value-added tax has been introduced into China on a nationwide trial basis,and since then business tax has officially withdrawn from the historical stage.The purpose of the tax system reform is to eliminate the double taxation of business tax,which is an important measure for the country to implement structural tax reduction.But for the property industry,it is both an opportunity and a challenge.The first part mainly introduces the background,significance,research methods and ideas of this paper.Through the analysis of the current present research situation at home and abroad,it summarized the existing research results and the content that need to be further studied.The second part mainly introduces the key concept and theoretical basis of the study of " To replace the business tax with a value-added tax ",and emphasizes the importance and necessity of the value added tax reform by discussing the theories,including tax system optimization theory,tax neutral theory,tax price theory and so on.The third part takes the property management company as a case study,and introduces the influence of �To replace the business tax with a value-added tax� on the invoice management of W company,�To replace the business tax with a value-added tax� on the financial accounting of W company,�To replace the business tax with a value-added tax� on the operating mode of W company,�To replace the business tax with a value-added tax� on the tax burden of W company,and �To replace the business tax with a value-added tax� on the tax risk of W company.In the fourth part,based on the analysis of the influence of the �To replace the business tax with a value-added tax� on W company,which is mentioned in the third part,specific and feasible measures having been put forward in the following six aspects: raising the management level of value-added tax invoices,strengthening the training of financial personnel's professional ability,improving the level of accounting and financial accounting,making reasonable arrangements for tax payment planning,strictly controlling of tax risk,strengthening of communication and connection with tax authorities help W company better adapt to the new changes brought by the reform.The fifth part is the summary and prospect of the research.According to the previous analysis and research,it is concluded that the �To replace the business tax with a value-added tax� can solve the problem of double taxation in property industry.However,there are still problems in property industry,such as large labor cost,less deductible items.The next step of reform should give property enterprises and other service enterprises more preferential tax policies.