Research On Tax Planning Of NF Companies Under The Background Of "VAT Reform"

Since 2012,China started the pilot operation of replacing business tax with value-added tax,and by 2016,the policy has been fully implemented in China.In the past five years,the implementation of the policy of "replacing the business tax with a value-added tax" has had a huge impact on all walks of life in China and has a far-reaching impact on China.The implementation of "replacing the business tax with a value-added tax" is in line with the development background of China's socialist market economy as well as the national conditions of China's development.The promotion of "replacing the business tax with a value-added tax" eliminates the problem of repeated taxation of business tax and reduces the tax burden on enterprises.At the same time,it promotes the development of China's tertiary industry,realizes the upgrading and optimization of the country's industrial structure,and plays an important role in the transformation of the country's economic structure and the long-term development of enterprises.However,under the background of "replacing business tax with value-added tax" policy,the tax structure and tax burden situation of enterprises are bound to change.If an enterprise wants to adapt to the new policy and reduce the tax burden under the new policy,it is necessary to find room for tax planning in its business.The tax burden and tax risk of enterprises are reduced through reasonable tax planning to maximize the value of enterprises.This paper takes NF company as an example to study the policy background of "replacing business tax with value-added tax".NF company implemented "business tax to VAT" in August2013.After the "replacement of business tax with value-added tax",the tax burden of the company did not decrease.On the contrary,the value-added tax burden of the company increased compared with the business tax paid by the company.In view of the actual situation of the company,this paper analyzes the impact of "replacing the business tax with a value-added tax" on the company,and designs a tax planning scheme to achieve the purpose of reducing the burden on the company.This paper is divided into six parts.The first chapter is the introduction.It mainly introduces the research background and significance,research status at home and abroad,research ideas and methods,as well as innovation points and deficiencies.The second chapter introduces the relevant theories of "replacing business tax with VAT" policy and tax planning,outlines the historical process of "replacing business tax with VAT" policy and its positive and negative impact on enterprises,and has a clearer understanding of the intuitive impact of "replacing business tax with VAT" policy on enterprises,and at the same time,lays the theoretical foundation of tax planning for this paper.Chapter three analyzes the tax situation of NF company before and after replacing business tax with value-added tax.It mainly analyzes thestatus quo of enterprise operation and tax payment,as well as the overall change of tax burden level before and after the "replacement of business tax with VAT".It also introduces the impact of replacing business tax with value-added tax on NF company.Chapter four introduces the planning methods and business operations that NF company can carry out after replacing business tax with value-added tax,and designs the tax planning scheme of NF company.Chapter five analyzes the possible problems in the process of corporate tax planning and puts forward reasonable countermeasures.Through the research on NF company,this paper designs the tax planning scheme for NF company,so as to achieve the purpose of reducing the corporate tax burden.In fact,after the "replacement of business tax with value-added tax",many enterprises similar to NF did not attach importance to tax planning under the background of "replacement of business tax with value-added tax",resulting in the increase of tax burden of many companies.Therefore,this paper hopes that the design of tax planning for NF company can not only solve the problem of tax increase after "replacing business tax with value-added tax" of NF company,but also provide solutions and ideas for other similar enterprises.