Analysis on the Impact of "Business Tax Reforms to VAT" on Business Accounting
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DOI: 10.25236/busem.2018.039
Corresponding Author
Hua Qing
Abstract
With the constant changes and development of our country’s economy, the content of the “Business Tax Reforms to VAT” promulgated by enterprises in the tax system is very important. It can not only improve the economic structure of our country’s enterprises, but also promote the effective development of related industries in our country and the development of the national economy. This paper describes the significance of the implementation of the "Business Tax Reforms to VAT" for China's economy and enterprises, as well as the far-reaching impact, analyzes some problems brought by the implementation of "Business Tax Reforms to VAT" to enterprise accounting, and analyzes the reasons. Finally, this paper aims to improve the level of corporate financial management, promote the healthy development of China's national economy, and propose specific solutions to existing problems.
Keywords
"Business Tax Reforms to VAT", Corporate accounting, Measures.