Research On The Tax Burdern Of The Value-added Tax Reform

May 1,2016 witnessed a remarkable achievement of the reform program to replace the business tax with value-added tax in China.With real estate,construction,finance and living services joining the reform program,value-added tax was applied in every industry all over China.Value-added tax has been exercised in the largest scale for almost two years.In order to get a deep insight of companies' tax burden variation,this paper first analyzes tax burden variation of companies theoretically.A conclusion was drawn that the variation of tax burden under the influence of value-added tax reform was dominated by the proportion of deductible costs.In the following chapter,this paper conducts quantitative analysis to estimate tax burden variation of five industries--real estate,construction,finance,living services and transportation.By study the financial data of A-share listed companies,conclusions are draw as follows.The overall tax burden of real estate and construction was significantly reduced while that of living services and transportation was significantly added.In the last chapter,this paper provides suggestions about the current VAT-added tax system from the perspectives of companies and government,hoping they could benefit the tax reform of our country.