Research On The Influence Of "Replacing Business Tax With Value-added Tax" On The Change Of Tax Burden Level Of Secondary And Tertiary Industry Enterprises

"Replacing the business tax with a value-added tax",as the name implies,is the abbreviation of China's tax system reform that changes the original business tax taxpayer into a value-added tax taxpayer.This reform was first piloted in some industries in Shanghai on January 1,2012,and then expanded year by year in industries and regions.As of May 1,2016,all industries that originally paid business tax were included in the scope of "replacing business tax with valueadded tax".Up to now,the "replacing business tax with value-added tax",which lasted nearly four years,has been completed.The reform of replacing business tax with value-added tax is not only a decisive link in the reform of China's fiscal and taxation system,but also a powerful measure in the period of economic development and transformation.The study on the influence of the policy of replacing business tax with value-added tax on the tax burden level of enterprises in different industries is not only an evaluation of the reform effect,but also can provide scientific ideas and directions for the further improvement and progress of China's tax system.This paper selected relevant data of a-share listed companies in 2011 and 2017,aiming to study the influence of this policy on the tax burden level of enterprises by comparing the change degree of tax burden level of enterprises before and after the reform of "replacing business tax with value-added tax".Firstly,literature related to "replacing business tax with value-added tax" and corporate tax burden level is sorted out,and its contribution and limitations are summarized.Secondly,by using the method of theoretical research,the advantages of "replacing the business tax with a value-added tax" are demonstrated through the classic tax theories such as the pareto efficiency and the laffer curve,and the influence paths of the reform on different industries are analyzed to put forward research hypotheses.Finally,the empirical test method was used to construct the econometric model for regression analysis,and the influence of the "business tax to VAT" policy on the tax burden level of the secondary and tertiary industries was verified from multiple perspectives.The research conclusions were drawn and relevant Suggestions were put forward.Through theoretical analysis and quantitative test,this paper comes to the conclusion :(1)on the whole,"replacing the business tax with a value-added tax" does reduce the tax burden of enterprises.After the reform of replacing business tax with value-added tax,the tax burden of both the secondary industry and the tertiary industry has decreased.(2)the "replacement of business tax with VAT" has a different impact on the tax burden level of the secondary industry and the tertiary industry.From multiple perspectives,the tertiary industry has achieved a more obvious effect of tax reduction.(3)although the "replacing the business tax with a valueadded tax" policy has produced a certain effect of tax reduction,from the regression result,the tax reduction is generally limited.The regression results verify the research hypothesis of this paper,and also reflect that in order to achieve a more ideal effect of replacing the business tax with a value-added tax in China,further improvement and improvement are needed.According to the research conclusion,this paper,from the perspective of enterprises,puts forward relevant Suggestions for the continuous acceleration of development in line with the reform trend,such as attaching importance to invoice management,proper investment and prudent selection of suppliers.From the perspective of the government,it puts forward relevant policy Suggestions to constantly improve the tax policy,such as reducing the tax rate classification,simplifying special provisions and improving the deduction chain.