Nov
17
2017

The financial industry replacing business tax with value-added tax(VAT) increasing the overall burde pp点点通2006

The financial industry replacing business tax with value-added tax(VAT) increasing the overall burden of new credit continues to expand the scale of the Sina foundation exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! – reporter Bao Xingan "Shanghai IRS positive commitment to the assigned by the State Administration of Taxation of the financial industry replacing business tax with value-added tax(VAT) tax analysis work. Through 3 months of follow-up analysis, the financial industry tax changes has three main features: first, in addition to quarterly reporting banks, finance companies, financial industry continues to expand the scale of overall burden. Second, the financial industry sub sectors continue to reflect the effect of burden. Third, the new increase offset." Shanghai IRS Secretary Guo Jianfei said. Over Jianfei said, the next stage, especially in the financial sector will continue to closely track the operation of the pilot pilot enterprises, targeted counseling, and guide enterprises to form a joint force, from the tax rate at both ends, guide enterprises to achieve "should be set as to" help enterprises to fully enjoy the dividends of reform. Experts believe that the financial industry to carry out "replacing business tax with value-added tax(VAT)", can open up the financial industry chain of value-added tax, the elimination of double taxation phenomenon, can also help the financial industry scope and subject of extensive advantages, promote the rapid development of the financial services industry. For the camp changed to increase, the semi annual report of listed banks, camp changed to increase has become an important factor affecting bank statements. Vice president of China Merchants Bank, China Merchants Bank Li Hao in 2016 interim results conference said: "from May and June," replacing business tax with value-added tax(VAT) "of China Merchants Bank interest income effect rate is 5%-6%, the effect of non interest income in the range of about 3%." "As a result of replacing business tax with value-added tax(VAT) specified loan interest payments can not be deductible, resulting in loan service is actually equivalent to interest income in accordance with the full tax, therefore, comprehensive estimates, replacing business tax with value-added tax(VAT) after some banking tax short-term may rise." Hu Genrong, head of the China mainland and Hongkong indirect tax partner on the Securities Daily reporters, said the camp changed to increase the burden on banks and other human capital burden, but the deduction is relatively limited. This is also a common problem in the banking industry tax burden. Another example is the sale of financial goods, the original business tax under the end of the tax rebate, camp changed to increase the implementation of the end of each year, shall not be transferred to the next year. So this piece of the tax burden to the enterprise may be some pressure. The insurance industry for replacing business tax with value-added tax(VAT), CIRC accounting department deputy director Zhao Yulong said that in the long term, after the implementation of replacing business tax with value-added tax(VAT), can straighten out the insurance business, improve operational efficiency, reduce operating costs; insurance companies can reduce the level of premium deduction, the actual burden, to mobilize the enthusiasm of the insured; in the short term, the insurance company May – July, the tax burden has increased, but the increase has signs of falling. Based on the future trend of fiscal and tax policy adjustments, it is expected that this is likely to be a short-term impact, will not change the long-term intention of the reform and the goal of good. Referred to the reasons for the rise in short-term tax burden, Zhao Yulong pointed out that mainly involves three aspects: first, the investment business, camp changed to increase, after a clear hold to maturity of corporate bonds, corporate bonds, etc.相关的主题文章:

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