With the further implementation of the "Twelfth Five-Year Plan" and the in-depth advancement of the "pilot work of replacing business tax with value-added tax", it is imperative to reform the tax system of replacing business tax with value-added tax in construction and real estate-related industries. On December 13, in order to better understand the real estate "business-to-increase" policy and reasonably deal with the risks of tax reform, the real estate company organized financial personnel to go to Hangzhou to attend the course "Prospect and Risk Identification and Response of Real Estate Enterprise Business-to-increase Policy" delivered by famous lecturer Chen Pingsheng.

 

Mr. Chen first introduced the policy of "replacing business tax with value-added tax", and clarified that the purpose of the reform is to optimize the tax structure, eliminate double taxation, improve the deduction chain of value-added tax, and promote the rapid development of the tertiary industry. Subsequently, he analyzed its possible impact on real estate companies, and put forward corresponding countermeasures on this basis. He emphasized that the series of impacts of the "VAT reform" tax reform on real estate companies are systematic, especially for corporate taxation. The impact of burden and operating costs, as well as financing and cash flow should arouse the full attention of corporate management decision makers." Finally, Mr. Chen gave detailed answers to the questions raised on the spot, and at the same time proposed that it is necessary for real estate companies to take tax reform as an opportunity for development, take precautions, make tax planning as soon as possible, accelerate corporate transformation and upgrading, and achieve leapfrog development.

 

Through the study, the students fully understand the main points and connotation of the new tax reform policy, so as to grasp the essence of tax reform from the aspects of macro financial management, specific accounting treatment and invoice management in the future work, so as to escort the development of enterprises.