Comparative Analysis Of Tax Burden Between Financial Financing Leasing Companies And General Financial Leasing Companies

SMEs are the main force of national economic and social development and an important force for economic development.However,the problem of financing difficulties and financing for SMEs has always been a hindrance to the development of SMEs.Broadening financing channels and reducing financing costs are inevitable choices to solve this problem.Compared with commercial loans,financial leasing has the natural advantage of low credit threshold and no asset mortgage guarantee,and is a new channel for SME financing.As a debt financing method,financial leasing is an emerging financial method that is developing rapidly in the world today.It integrates investment and financing,and has the function of directly serving the real economy.Financial leasing can not only help SMEs solve the problem of insufficient equipment purchase and technology renewal,but also has the advantages of improving the inventory of assets and improving the capital structure.In this context,advancing the development of financial leasing industry and realizing financing is the purpose of this research.From the perspective of the lessor,first of all,the paper expounds and summarizes the evolution of the taxation policy of financial leasing VAT and income tax.Secondly,combined with the latest tax policy,the two groups are compared and analyzed to analyze the changes in the value-added tax and income tax burden of the actual financial leasing business.One group is the comparison between the direct leasing and the sale and leaseback business of the general financial leasing company,and the other is the comparison between the general financial leasing company and the financial leasing company.By using the interest calculation method of the lease accounting standard,the reasons for the difference are analyzed from the perspectives of tax calculation methods,tax incentives and supervision.Finally,based on the previous analysis,based on the principle of tax fairness and substantive taxation,the paper proposes policy recommendations for the taxation problems in the financial leasing industry.Based on comparative analysis,this paper proposes the following policy recommendations:(1)cancel the tax payment threshold for taxpayer qualification,and implement the principle of tax fairness;(2)both financial financing leasing companies and general financial leasing companies can enjoy loan loss reserves.The pre-tax deduction,reduce the corporate income tax burden;(3)draw on the deduction rules of the immovable input tax invoice,the large-scale input tax invoice obtained by the financial leasing business can be deducted in installments;(4)the value-added tax of the financial leasing industry The tax rate is three grades and two grades,the 16% tax rate is reduced to 10%,and the 6% tax rate remains unchanged,minimizing the industry VAT tax burden.