The Impact Of "Business Tax Replaced With Vat" On The Finance And Taxation Of W Real Estate Enterprises And Countermeasures

On May 1,2016,the scope of the pilot project of " Business Tax Replaced with VAT" in China was expanded to construction,real estate,finance and life services.This marks from January 1,2012 began from the transportation industry and part of the modern service industry,with Shanghai as the pilot to " Business Tax Replaced with VAT" tax system reform,after four years,has officially entered the completion stage."Business Tax Replaced with VAT" is an important node of tax system reform in China since the implementation of tax system,and real estate industry is the pillar industry of the national economy,is of great significance to China 's ongoing structural reform on the supply side of the economic structure.W real estate enterprise is one of the famous real estate enterprises in our country,the scale of operation is large,the scope of business is wide,is a typical representative of real estate enterprises,so this article chooses to "Business Tax Replaced with VAT " on the impact of w real estate enterprises,has very important theoretical and practical significance,but also can provide useful reference for other real estate enterprises.Under the policy background of " Business Tax Replaced with VAT ",this paper summarizes and analyzes the research conclusion of " Business Tax Replaced with VAT ",then based on the financial data of W real estate enterprises,through the comparative analysis of tax data and accounting treatment before and after the "Business Tax Replaced with VAT",it is concluded that under the ideal condition that the VAT offset chain is complete and VAT invoices are obtained in a timely manner and can be deducted,the " Business Tax Replaced with VAT " can reduce the tax burden on W real estate companies,and at the same time the " Business Tax Replaced with VAT " makes W real estate companies The accounting treatment becomes complicated,which in turn affects the conclusion of the financial indicator calculation,and proposes corresponding countermeasures.