Effects And Countermeasures Research Of Business Tax Replaced By VAT On Tax Burden In Real Estate Enterprises In Tianjin

In 2011,with the approval of the State Council,the Ministry of Finance and the State Administration of Taxation jointly issued the pilot scheme for replacing the business tax with VAT value-added tax(the "VAT reform").After several years of pilot projects,the geographical scope has been gradually extended to the whole country and the scope of the industry has been continuously expanded.From May 1,2016 onwards,China has fully implemented the policy of the "VAT reform" and all the construction,real estate,finance and living services industries have been included in the "VAT reform".At this point,all the business tax involved in the industry has completed the "VAT reform".The real estate industry is one of the major industries in our country's national economy.The impact of "VAT reform" on the real estate industry is very significant.As the real estate industry involves a wide range of industries chain,the real estate development and sales process of its own complexities,as well as the old real estate projects need to adapt to the transitional"VAT reform" policy,after the "VAT reform",the real estate tax burden how to change and what impact the tax department brings are the focus of this paper.This paper introduces the meaning and theoretical basis of the "VAT reform",and makes a detailed interpretation of the "VAT reform" in the real estate industry.Afterwards,this paper starts point of view of sample Tianjin real estate companies and makes a normative analysis and empirical analysis on the tax burden.It should be noted that,based on financial data of real estate listed companies in Tianjin in the past six years,empirical analysis has been made on the change of tax burden,and got conclusion.In addition,in order to improve the generality of the data,this paper also conducted a questionnaire survey on 100 non-listed real estate companies in Tianjin and make adjustments to the changes in tax burden.Afterwards,it puts forward the proposal of the Tianjin tax authorities to respond to the "VAT reform"(implementation of policies and practical services;enhance ability and improve style of work;increased efficiency and consolidation of results;strengthening awareness and preventing and controlling risks;normative behavior and advancement according to law),and the countermeasures of the real estate enterprises in Tianjin(do a good job of standardized development planning,sort out the relationship between upstream and downstream,handle tax affairs,pay attention to internal cost management,and enhance the level of value-added tax invoice management).Finally,this paper makes a summary and prospects for future research.