A Study On The Influence Of "Business Reform" On Banking Industry

Since 1994,China's tax system has undergone tremendous changes,deepening the tax reform,the business tax into value-added tax,optimize the tax structure,reduce the amount of corporate tax,from a fundamental solution to repeat the situation of unfair taxation and promote socio-economic Transformation and development.The system was piloted in 2012,and in August 1,2013 began drastically implemented,and now has been fully implemented.However,in the service sector,the high tax burden of the banking industry and the concurrent taxation of sales tax and VAT are more serious.The banking industry needs tax reform to change the current unfair tax situation.After the further deepening has become a particularly important measure.In this paper,the main body of the analysis of China Merchants Bank,through the banking industry,"battalion to change" the implementation of the relevant literature to understand the business tax to change the value-added tax impact on the banking industry,and then around the tax fairness and efficiency theory and tax neutral theory The financial data of China Merchants Bank from 2011 to 2015 are analyzed and the relevant assumptions are made.By comparing the taxation and profitability of China Merchants Bank under the current taxation system and the financial situation after the change of "business reform",the paper analyzes and judges the financial impact of the "change of business" on the bank.In Chapter 3,the introduction of the current tax structure introduces the advantages and the necessity of implementing the reform in the banking industry and the difficulty of the implementation.Then,according to the data,Finally,it explains the calculation method and preconditions of the business tax to value added tax,and lists the amount of VAT paid by China Merchants Bank after the implementation of the measure.In the third chapter,according to the data measured in this chapter,this paper analyzes the difference between the turnover tax burden and the total tax burden before and after the change of China Merchants Bank,and analyzes whether this innovation will bring negative to the interests of China Merchants Bank.Chapter 4,according to the data obtained before,sorting analysis,to find out the "business change" program in the implementation of China Merchants Bank experience,and possible problems are given relative to the The proposed program,which is to optimize the banking management mechanism,a positive response to the call to reform;to improve tax efficiency,speed up the pace of adaptation to new policies,but also to enhance profits and their owncompetitiveness.