Research On Tax Burden Reduction Effect Of "Replacing Business Tax With Value-added Tax" Policy In GuangXi

On January 1,2012 in China," Replacing the business tax with a value-added tax "(Replacing BT with VAT)policy has began in some areas and industries,on May 1,2016 construction,real estate,finance and life service and so on four big industry into the pilot,tax reform will cover all areas and industries in our country,business tax thoroughly leave the history stage,marked the tax collection and administration of our country has entered a new era." Replacing BT with VAT " is an important breakthrough in the reform of the tax system.Its main purpose is to eliminate the disadvantages of business tax,further reduce the tax burden of enterprises,fully mobilize the initiative,optimize the upgrading of industrial structure,promote the upgrading of consumption,cultivate new drivers of economic growth,and boost the supply-side structural reform.In this context,this paper focuses on the main purpose of the policy--reducing the tax burden of enterprises,and studies the tax reduction effect of the policy by taking relevant industries in guangxi autonomous region as samples.Under the guidance of relevant theories of finance and taxation,this paper sorts out domestic and foreign literatures on the effect of the policy,summarizes and analyzes the research results on the impact of the policy on tax reduction of related industries,and lays the theoretical foundation of this paper.To add further found out the " Replacing BT with VAT " reduce the mechanism of industry enterprise tax burden in the computing industry macro tax as the tool of measuring industry tax burden level,in order to "industry tax burden is lower" and "industry tax income elasticity is less than 1" as evaluation index,the selected six industry "1 + 4 + 1",from " Replacing BT with VAT " policy carried out in according to the actual situation of guangxi in " Replacing BT with VAT " policy in the corresponding period of collect relevant tax data and economic development,the use of statistical analysis and comparative analysis of comprehensive analysis,evaluation to " Replacing BT with VAT " policy of the tax effect of related industries in guangxi.The evaluation results are as follows: transportation industry,real estate industry,financial industry,accommodation and catering industry and wholesale and retail industry;The rating result is "poor" : construction industry.Study found that during the "Replacing BT with VAT" policy implementation,the transportation industry,real estate and hotel restaurant industry in guangxi industry declines to the macro tax burden is more than the national average,the remaining three industry macro tax burden decreased to less than the national average," Replacing BT with VAT " to the guangxi industry tax reduction effect from good to bad order of sequence is Accommodation catering industry > real estate industry > financial industry > transportation industry > wholesale and retail industry > construction industry.After replacing the business tax with a value-added tax,the industry with the most obvious drop in tax burden in guangxi is accommodation and catering industry,while the industry with no drop in tax burden is construction industry.In general,all industries in guangxi have benefited from the reform after replacing the business tax with a value-added tax,and the tax burden has been reduced to varying degrees.However,the tax burden of the construction industry has not been effectively reduced,and the tax reduction effect needs to be further deepened.Other industries can still continue to explore the tax reduction space of replacing the business tax with a value-added tax.Found through analyzing the factors influencing industry tax,"Replacing BT with VAT" instead for small-scale taxpayers tax effect is comprehensive,and for the general taxpayer,industry the main output VAT tax rate,tax deductible input cost range and VAT deduction chain conduction effect three aspects,the influence of guangxi to add "Replacing BT with VAT" tax cuts have higher value-added tax rates and the main problems in the process of class,can get difficult,less input and special ticket VAT deduction chain conduction effect is not unobstructed,etc.Therefore,this paper puts forward specific Suggestions on further implementing the tax reduction effect of replacing business tax with VAT in guangxi from the following aspects: further simplifying and reducing the VAT rate,expanding the scope of VAT input deduction,improving the VAT deduction chain,strengthening the collection management and policy guidance services,and strengthening the internal management of enterprises.