Research On The Optimization Of The Tax And Fee Structure Of Equipment Manufacturing Enterprises Under The Background Of Tax Reduction And Fee Reduction

Since 2008,when the central government first proposed "structural tax cuts" to gradually improve the supply-side structural reforms,after years of development,China has introduced a number of tax cuts and fee reductions measures.Both tax cuts and fee cuts are important measures for China to implement a proactive fiscal policy,and the implementation effects of the two are closely related.As the pillar industry of Chinese manufacturing industry,the equipment manufacturing industry has enjoyed many tax cuts and fee reductions policies,but still has many problems in terms of irrational corporate tax and fee structure,low product added value,weak profitability,and slow development.Through the relevant research on the tax and fee structure of Chinese equipment manufacturing industry,it is found that while the tax burden of Chinese equipment manufacturing enterprises is significantly decreasing,the fee burden is rising,and there is a seesaw phenomenon of "solve one problem only to find another cropping up".Small equipment manufacturing companies represented by MN company rely heavily on preferential tax policies and have insufficient capacity to cope with social security and other non-tax burden pressures.Against the background of China’s tax reduction and fee reduction,comparative analysis,questionnaire survey and case analysis were used to analyze the current status and development trends of the tax burden,tax structure,tax structure,and fee structure of enterprises,revealing China the tax and fee structure of the equipment manufacturing industry.Firstly,the relevant documents on the implementation effects of tax cuts and fee reductions policies,the role of equipment manufacturing tax and fee policies,and the optimization of the tax structure have been sorted out.Secondly,based on different perspectives,the tax burden and tax structure of Chinese listed equipment manufacturing companies are quantitatively analyzed,and it is compared and analyzed with the optimal tax burden calculated based on the Barrow model,other manufacturing taxes and fees,and other countries’ corporate taxes and fees.Using questionnaire surveys,Chinese small and medium-sized equipment manufacturing companies’ feelings of subjective burdens on taxes and fees and their sense of benefit relative to the public services they obtain are analyzed.Next,a equipment manufacturing company named MN is selected as the subject of the case study.The author elaborates on the current tax payment status under the background of tax cuts and fee reductions,analyzes the tax burden and changes in tax structure,compares it with the entire industry,and systematically and in-depth analyzes the main problems it faces and the root cause of the problem,and proposes an optimization strategy.Finally,combining the tax and fee situation of the equipment manufacturing industry and the tax and fee situation of the case company,the tax structure optimization strategy and research conclusions are drawn.The study found that Chinese equipment manufacturing enterprises have the problem of unbalanced tax and fee structure and significant differences in tax burden.In the past four years,the average proportion of tax burden of the total tax burden of listed equipment manufacturing companies in my country is 33.74%,and the average proportion of fee burden(that is,fees in taxes and fees)is 66.26%.The relationship between the two is about 1:2,and the proportion of fee burden is about1:2.The proportion of fee burden is much greater than the proportion of tax burden and the gap is greater than the overall situation of other manufacturing industries.Beside,the proportion of tax burden has decreased significantly year by year,and the proportion of fee burden has increased significantly year by year.The overall tax burden has declined,among which the tax burden has dropped significantly,and it is gradually approaching the optimal tax burden calculated based on the Barro model,while the fee burden has fluctuated and increased.Within the tax burden,value-added tax,income tax,tax and surcharges present a ratio of approximately 6:3:1.Turnover tax is still the main tax type.The difference between turnover tax and income tax represented by value-added tax is larger than that of other manufacturing industries.According to the optimal tax system theory,the tax structure is unreasonable.Within the fee burden,government charges and operating service charges,social security contributions,utility product charges,and financing costs are approximately 1:2:40:10.The proportion of social security contributions in the fee burden has a slow upward trend.Compared with other countries,the various elements of fee burden have room for decline.The prices of commodities provided by monopolistic industries seriously affect the fee burden of enterprises.From the results of the questionnaire survey of small and medium-sized equipment manufacturing enterprises,for my country’s small and medium-sized equipment manufacturing enterprises,from the perspective of the sense of benefit generated by paying taxes and fees compared with the enterprises’ access to public services,the “fee feeling” of enterprises is better than that of “taxes”;nearly 54% of the surveyed companies feel the pressure from social security contributions.Traditional small equipment manufacturing enterprises represented by MN company have a poor internal tax structure.Value-added tax,income tax,and other taxes present a ratio of approximately 86:1:13.They are extremely dependent on preferential income tax policies,their ability to pass on value-added tax and the ability to bear them is relatively weak,and they ignore the fundamental problems of low added value of products and weak profitability that exist within the enterprise.Government charges,operating service charges,social security contributions,utility product charges,and financing costs show a proportional relationship of approximately 3:5:29:41:22.Faced with the increasing burden of social security contributions and a large amount of transportation and logistics costs year by year,MN company is often in a state of passive acceptance and lack the awareness of actively responding.According to the research conclusions,the author proposes strategies to optimize the tax and fee structure of Chinese equipment manufacturing enterprises,and believes that the future direction of Chinese tax system reform should continue to promote the dual-subject tax system,promote the market-oriented allocation of factors(especially monopolistic industries),and standardize the third-party intermediary market;Modern enterprise theory believes that equipment manufacturing enterprises should make good use of policies,do a good job in tax planning and management,and improve product innovation and competitiveness.