Analysis Of The Financial Impact Of The Resource Tax Reform On YTH Company And Its Countermeasures

At present,China's economic development is still maintaining the trend of steady growth,while the economic growth model is still in the process of deepening the supply-side structural reform.In order to promote the rational use of energy consumption and improve the system of modern energy consumption enterprises,the government resource tax policy has been promoted continuously and has become a topic of great concern to the whole society.The resource tax is only a small tax in terms of both the amount of income and the proportion of income,but from the control of the pace and intensity of the reform,the country is increasingly constrained by the current resources,the advantages and disadvantages of the reform process,the resources tax still has a big room for perfection.As one of the important energy sources of consumption in China,phosphate ore is just in time for it.The basic phosphate products produced by domestic enterprises have become self-sufficient,the growth of phosphorus chemical market is slow,and the demand of phosphorus chemical primary products is decreasing.With the development of modern agriculture,higher requirements have been put forward for fertilizer products.The high performance,full function and high value added fertilizer products are recognized and demanded by the market.With the introduction of resource tax reform documents,the development and improvement of China's phosphate industry market,whether the company can grasp the internal and external environment,from the traditional base fertilizer overcapacity,and lack of the advanced technology to produce fine high value-added fertilizer products? Why do phosphate enterprises need resource tax reform? What effect will the resource tax reform bring to the phosphate industry? Based on the above problems,this paper will be the case of YTH Company,which is heavily dependent on mineral resources,to analyze the concrete factors of resource tax reform and the changes brought by resource tax reform to YTH Company,in order to have a quantitative judgment on the overall situation of YTH Company's operation and development,and to find new development opportunities for YTH Company to deal with the changing environment,complete transformation and upgrade.First of all,this paper expatiates on the research literature of resource tax at home and abroad.Second,review the course of evolution since the levy of tax,clarify resource development,and then highlight from resource and tax system is confronted with difficult problems,points out that the resource tax reform is imperative;Thirdly,this paper introduces the specific content of current resource tax,and expounds the influence and significance of resource tax reform on the phosphate industry.The fourth part,case analysis,with phosphate rock resources abundant YTH company as an example,first introduce the basic situation of YTH company,then in turn by the old and new resource tax reform of tax system to measure the elements in YTH company financial data,the influence of operating condition,the comparison and analysis from YTH company under the new tax system facing the opportunities and risks;Finally,combined with the actual situation of the company,puts forward the suggestion that the company should continue to enhance the vitality of the enterprise by relying on the reform of resource tax.