Research On Tax Planning Of Commercial Banks Under "Replacing Business Tax With VAT"

Since the reform work has been deepened in our country,the reform of Finance and taxation has been the most important task of the reform.For a long time,our tax system has two turnover taxes: business tax and value added tax.There are many problems such as repeated taxation,value added tax deduction,chain interruption and so on.Therefore,since 2012,China began to implement the " replacing business tax with value-added tax ",in the following years,the pilot cities,pilot industries of the "replacing business tax with value-added tax" have been expanding.Finally,in May 1,2016,the financial industry,construction industry and real estate industry,life service industry were included in the "replacing business tax with value-added tax(VAT)" the scope of the pilot,all new real estate enterprises with value-added tax into the deductible range,China completed the " replacing business tax with value-added VAT" full open "wrap up".Commercial banks are an important carrier of the development of the financial industry,promoting the development of the financial industry,an important source of funds for all walks of life and supporting the development of the national economy."The implementation of replacing business tax with VAT" has a certain effect on the commercial bank's tax burden,There are both advantages and disadvantages.for commercial banks.Offset the adverse effects brought by "camp to increase",not only to ensure that commercial banks maintain stable development after " replacing business tax with VAT ",but also have great significance for the stable development of national economy.The idea of tax planning can be traced back to 1930 s.Sir Tomlin,member of the house of Lords held that anyone can pay less tax within the scope of the law,pay taxes in excess of the statutory principle of force is not justified.His idea was gradually recognized and developed into a concept of tax planning.There are many studies on tax planning in foreign countries,and the domestic ones are late and the awareness of tax planning is relatively weak.In “replacing business tax with VAT "under the background of tax law is more and more perfect,the legal laws and regulations and the new policies introduced gradually,for commercial banks to establish and perfect the corresponding tax planning,to reduce the operating costs of commercial banks,improve the level of profits,and increase its market competitiveness,in reality the management of commercial banks there is a certain reference and application value.In this paper,X commercial bank business as an example,combined with the "replacing business tax with VAT" new policy changes,to study the effect of replacing business tax with VAT "on the commercial bank tax,and in the" replacing business tax with VAT under the background of the commercial banks how to analyze and discuss the problems of tax planning,and then put forward the banks need to pay attention to tax planning problems in the implementation process.The first chapter is the introduction,which mainly describes the research background and significance of the thesis.The second chapter analyzes X commercial bank's basic business and financial status,and then analyzes the basic tax situation of the bank from the aspects of value-added tax and corporate income tax.The third chapter interprets the latest reform and increase policy and the impact on the bank's tax burden.The fourth chapter is based on the planning of value-added tax and enterprise income tax,supplemented by stamp tax and real estate tax,and puts forward specific tax planning schemes for the commercial bank.The fifth chapter puts forward the problems that should be paid attention to in the process of implementing the plan of tax planning in order to ensure effective implementation.