A Study On The Impact Of The Increase In Camping On The Profitability Of Commercial Banks

Since May 1,2016,China has officially opened up the pilot of VAT,including banking industry,including banking industry.The purpose of this reform is to solve the problem of double taxation and heavier taxes and fees caused by concurrent business tax and VAT.At the same time,it is conducive to further improving the tax system,actively implementing structural tax reduction and promoting the transformation of economic structure.As the core of the modern economy,the reform of the tax system in the industry is of great economic and political significance.Based on the past research and research experience,this paper analyzes the change of bank profitability from the perspective of industry and enterprise respectively.The first statement of the importance of the banking industry and some reforms,and related research in the past are reviewed;secondly,this paper defines the concept of concise will be involved,and this analysis will be applied to the theory are introduced;thirdly,select the five state-owned commercial banks as a reference,to explore the "camp to increase the impact on the profitability of the industry from the industry point of view;then,taking A bank as a case,based on financial data of nearly three years of tax calculated,then according to the change of DuPont financial analysis system of profitability are deeply analyzed,and the changes in profitability and tax reform through elastic analysis combined.Study on the mechanism of the influence of tax reform on profitability;finally,according to the case analysis and investigation records,facing the A bank after the reform of the problems summarized,and put forward the corresponding Suggestions.Through this analysis we can draw the following conclusions: " replacing business tax with value-added tax(VAT)pilot banks can effectively solve the original problem of double taxation,the bank also entered the deductible VAT,is beneficial to the realization of " industry tax cuts down costs ";and specific for A bank,because of " replacing business tax with value-added tax(VAT)" implementation time is short,many policy rules failed to perfect the implementation,reform effect has not been satisfactory,but the elastic analysis results to the A bank providing a solution,that is,through the strengthening of tax cost management to reduce the tax burden,improve the profitability level.