Zhong Da Consulting interprets the policy of camp reform in the construction industry through the architectural knowledge column of this website and the knowledge collation of relevant policy makers. The basic overview is as follows:
On the one hand, the scope of pilot industries has been expanded, and four industries, namely construction, real estate, finance and life service, have been included in the pilot reform. At this point, all current business tax payers have changed to value-added tax. On the other hand, after the last round of VAT transformation reform included the purchase of machinery and equipment by enterprises in the scope of deduction, this reform also included real estate in the scope of deduction. In the future, whether it is the original VAT taxpayers such as manufacturing and commerce, or the pilot taxpayers of the reform of the camp, the VAT included in the newly added real estate can be deducted. The pilot reform of the camp has been comprehensively launched, realizing the full coverage of goods and services by value-added tax, basically eliminating double taxation, opening up the chain of value-added tax deduction, promoting social division of labor and cooperation, and effectively supporting the development of service industry and the transformation and upgrading of manufacturing industry.
The impact of camp reform on various industries is different.
After the full implementation of the camp reform, for the construction industry, because the labor cost/depreciation can not be deducted from the value-added tax, or it will have an adverse impact on the profitability of the construction industry companies in a short time, the revision of the camp reform policy is likely to offset the adverse impact in the long run. For real estate, if the land cost is not deducted, the final industry profit decline may be even greater, and vice versa. For the financial industry and life service industry, it is good news and will significantly reduce the burden on enterprises.
The tax reform and expansion involves tens of millions of taxpayers.
According to the person in charge of the Department of Taxation and Administration of the Ministry of Finance and the Department of Goods and Services Taxation of State Taxation Administration of The People's Republic of China, the scope of the pilot industry will be expanded, and after the four industries of construction, real estate, finance and life service are included in the pilot scope of the camp reform, all the current business tax payers will be changed to value-added tax. Among them, the construction industry and real estate industry are subject to the tax rate of 1 1%, and the financial industry and life service industry are subject to the tax rate of 6%. (Please pay attention to the official account of Chinese Digest WeChat)
At this point, the suspense of applying the VAT rate after the reform of the four major industries, which caused many speculations in the industry, has finally settled.
The change from business tax to value-added tax is short for. 20 1 1 10 In June, the State Council decided to carry out the pilot reform of business tax, gradually change the business tax into value-added tax, further deepen the tax reform, and solve the problem of double taxation caused by the coexistence of value-added tax and business tax. From 20 12 and 1, the reform of the camp will first be carried out in Shanghai's transportation industry and some modern service industries. Since then, from 20 12 to the end of 20 15, the country has successively completed the pilot reform of transportation, some modern service industries, railway transportation, postal services and telecommunications, involving 5.92 million pilot taxpayers, including general taxpayers1130,000 and small-scale taxpayers 4.79 million.
The reform of four major industries involves a larger scale of taxpayers. According to the person in charge of the Department of Taxation and Administration of the Ministry of Finance and the Department of Goods and Services Taxation of State Taxation Administration of The People's Republic of China, there are nearly100000 new pilot taxpayers in the four major industries, which is nearly 1.7 times of the total number of pilot taxpayers in the previous period; The annual business tax scale is about 1.9 trillion yuan, accounting for about 80% of the original business tax revenue.
From the point of view of the principle of VAT deduction chain, after expanding the pilot scope of VAT reform to the construction industry, real estate industry, financial industry and life service industry, and including the VAT contained in all new real estate of enterprises in the deduction scope, all kinds of enterprises can deduct the VAT paid by purchasing or renting the above items, especially the real estate is included in the deduction scope, which has a large scale of tax reduction and wide benefits. Enterprises that add real estate through outsourcing, leasing, self-construction and other means will benefit from it, and the overall tax burden of taxpayers in the early stage will decrease. At the same time, the scope of deductible items of the original VAT taxpayer is further expanded compared with the previous pilot, and the overall tax burden will be reduced accordingly.
According to statistics, by the end of 20 15, the total tax reduction achieved by the national camp reform was 641200 million yuan, of which the pilot taxpayers reduced taxes by 365,438.0+03.3 billion yuan due to tax system conversion and the original VAT taxpayers reduced taxes by 327.9 billion yuan due to additional deduction.
It is reported that the pilot reform of the camp will be fully implemented, and the tax reduction effect will continue to enlarge. It is estimated that the corporate tax burden will be reduced by more than 500 billion yuan this year.
In addition, the reform of the camp has alleviated the problem of disunity and duplication of goods and services tax, penetrated the deduction chain within the service industry and between the secondary and tertiary industries, not only reduced the tax burden of enterprises, but also stimulated the vitality of enterprises, promoted social division of labor and cooperation, effectively supported the development of service industry and the transformation and upgrading of manufacturing industry, and enhanced the export competitiveness of goods trade and service trade, which is an important measure to promote the transformation and upgrading of economic structure.
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