Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax

Shaogang Liao; Ying Pan

doi:doi:10.11648/j.ijefm.20150303.13

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Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax

Shaogang Liao, Ying Pan

Published in International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 3)

Received: 17 February 2015 Accepted: 13 March 2015 Published: 17 April 2015

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Abstract

In August 2013, the policy of replacing business tax with added-value tax (hereinafter referred to as VAT) was formally popularized to the whole national. It was an important measure of China comprehensively deepening the reform, readjusting the industrial structure and promoting the economic development. On the micro and macro aspects, the political effect of the policy of replacing business tax with VAT is analyzed in this paper from the time of trial implement to being carried out although the country. From the micro aspect, the analysis is based on the impact of the policy on the producers, consumers and the demand for labors. From the macro aspect, the analysis is based on the impact of the policy on the budget management system, industrial structure and fair income distribution. At the same time, the paper analyzes the problems, which appeared since the policy had been carried out for a year and gives some suggestions from the angles of actual operation and implementation. It could provide the beneficial reference to improve the policy of replacing business tax with VAT.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 3)
DOI	10.11648/j.ijefm.20150303.13
Page(s)	162-171
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Replacing Business Tax with VAT, Micro-Effect, Macro-Effect, Industrial Structure, Perfect Tax System

References

[1]	Jinghua Cui. 2007.The Tax Reform Movements of Major Developed Countries in Europe and Its Enlightenment to China. European Studies4:97-109.
[2]	Mingyao Jiang.2011.The Influence of Reform in Value-Added Tax on Tax Burden of Enterprises---Based on the Analysis of Input-Output Table.Journal of Central University of Finance and Economics2:11-16.
[3]	Ming Liu, Ying Cheng, Huasheng Ouyang. 2011.Political Views of Expand the Scope of Value-Added Tax Levy. Modern Finance and Economics4:15- 22.
[4]	Hailing Li.2012.The Influence of VAT Expanding Circumference on Equitable Income Distribution. Research of Finance and Accounting17:17-19.
[5]	Lu Wei.2013.Analysis and Improvement of Pilot Project of ‘Replacing Business Tax with VAT’ in Shanghai.Taxation Research4:12-17.
[6]	Zhiwei Tian, Yijian Hu.2013.The Analysis of Influence of ‘Replacing Business Tax with VAT’ on Tax Burden of Enterprises---Based on CGE Model Analysis. Review of Finance and Economics4:29-34.
[7]	Jianyi Hu.2013.Effect Analysis of Pilot Project of ‘Replacing Business Tax with VAT’ in China. International Tax Law, 2:8 -11.
[8]	Shaoke Chen.2012.Effect Studies of VAT Expanding Circumference---Based on Analysis of Pilot Project of ‘Replacing Business Tax with VAT’.Journal of Guizhou Institute of Finance and Economics4:46-51.
[9]	Liping Deng.2013.Effect Theory of VAT and Empirical Research: Preface and Enlightenment. Taxation Research10: 3-8.
[10]	Xin Zhang, Tifu An.2013.Effect Analysis of Reducing ‘Replacing Business Tax with VAT’. Taxation Research
[11]	10:9-13.
[12]	Zhijian Li, Yixin Gao.2013.How can ‘Replacing Business Tax with VAT’ Make Changes to Tax Burden of Enterprises. Management and Administration1: 24-25.
[13]	Chun Hu.2013.Studies on Influence of VAT Expanding Circumference on Tax Burden of Enterprises. Journal of Hebei University of Economics and Business2:40- 44.
[14]	Zhongyue Zhang.2014.In the Perspective of Modern Service Industry: Analysis of Existing Problems and Suggestions after Comprehensive Implementation of ‘Replacing Business Tax with VAT’. Theory Circle3:36- 41.

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APA Style

Shaogang Liao, Ying Pan. (2015). Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax. International Journal of Economics, Finance and Management Sciences, 3(3), 162-171. https://doi.org/10.11648/j.ijefm.20150303.13

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ACS Style

Shaogang Liao; Ying Pan. Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax. Int. J. Econ. Finance Manag. Sci. 2015, 3(3), 162-171. doi: 10.11648/j.ijefm.20150303.13

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AMA Style

Shaogang Liao, Ying Pan. Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax. Int J Econ Finance Manag Sci. 2015;3(3):162-171. doi: 10.11648/j.ijefm.20150303.13

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@article{10.11648/j.ijefm.20150303.13,
  author = {Shaogang Liao and Ying Pan},
  title = {Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {3},
  number = {3},
  pages = {162-171},
  doi = {10.11648/j.ijefm.20150303.13},
  url = {https://doi.org/10.11648/j.ijefm.20150303.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150303.13},
  abstract = {In August 2013, the policy of replacing business tax with added-value tax (hereinafter referred to as VAT) was formally popularized to the whole national. It was an important measure of China comprehensively deepening the reform, readjusting the industrial structure and promoting the economic development. On the micro and macro aspects, the political effect of the policy of replacing business tax with VAT is analyzed in this paper from the time of trial implement to being carried out although the country. From the micro aspect, the analysis is based on the impact of the policy on the producers, consumers and the demand for labors. From the macro aspect, the analysis is based on the impact of the policy on the budget management system, industrial structure and fair income distribution. At the same time, the paper analyzes the problems, which appeared since the policy had been carried out for a year and gives some suggestions from the angles of actual operation and implementation. It could provide the beneficial reference to improve the policy of replacing business tax with VAT.},
 year = {2015}
}

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TY  - JOUR
T1  - Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax
AU  - Shaogang Liao
AU  - Ying Pan
Y1  - 2015/04/17
PY  - 2015
N1  - https://doi.org/10.11648/j.ijefm.20150303.13
DO  - 10.11648/j.ijefm.20150303.13
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 162
EP  - 171
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20150303.13
AB  - In August 2013, the policy of replacing business tax with added-value tax (hereinafter referred to as VAT) was formally popularized to the whole national. It was an important measure of China comprehensively deepening the reform, readjusting the industrial structure and promoting the economic development. On the micro and macro aspects, the political effect of the policy of replacing business tax with VAT is analyzed in this paper from the time of trial implement to being carried out although the country. From the micro aspect, the analysis is based on the impact of the policy on the producers, consumers and the demand for labors. From the macro aspect, the analysis is based on the impact of the policy on the budget management system, industrial structure and fair income distribution. At the same time, the paper analyzes the problems, which appeared since the policy had been carried out for a year and gives some suggestions from the angles of actual operation and implementation. It could provide the beneficial reference to improve the policy of replacing business tax with VAT.
VL  - 3
IS  - 3
ER  -

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Author Information

Shaogang Liao

School of Public Finance and Public Administration, Jiangxi University of Finance and Economics.169#Shuanggang East Street, Nanchang, China
Ying Pan

School of Public Finance and Public Administration, Jiangxi University of Finance and Economics.169#Shuanggang East Street, Nanchang, China

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Plain Text BibTeX RIS

APA Style

Shaogang Liao, Ying Pan. (2015). Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax. International Journal of Economics, Finance and Management Sciences, 3(3), 162-171. https://doi.org/10.11648/j.ijefm.20150303.13

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ACS Style

Shaogang Liao; Ying Pan. Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax. Int. J. Econ. Finance Manag. Sci. 2015, 3(3), 162-171. doi: 10.11648/j.ijefm.20150303.13

Copy | Download

AMA Style

Shaogang Liao, Ying Pan. Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax. Int J Econ Finance Manag Sci. 2015;3(3):162-171. doi: 10.11648/j.ijefm.20150303.13

Copy | Download

@article{10.11648/j.ijefm.20150303.13,
  author = {Shaogang Liao and Ying Pan},
  title = {Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {3},
  number = {3},
  pages = {162-171},
  doi = {10.11648/j.ijefm.20150303.13},
  url = {https://doi.org/10.11648/j.ijefm.20150303.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150303.13},
  abstract = {In August 2013, the policy of replacing business tax with added-value tax (hereinafter referred to as VAT) was formally popularized to the whole national. It was an important measure of China comprehensively deepening the reform, readjusting the industrial structure and promoting the economic development. On the micro and macro aspects, the political effect of the policy of replacing business tax with VAT is analyzed in this paper from the time of trial implement to being carried out although the country. From the micro aspect, the analysis is based on the impact of the policy on the producers, consumers and the demand for labors. From the macro aspect, the analysis is based on the impact of the policy on the budget management system, industrial structure and fair income distribution. At the same time, the paper analyzes the problems, which appeared since the policy had been carried out for a year and gives some suggestions from the angles of actual operation and implementation. It could provide the beneficial reference to improve the policy of replacing business tax with VAT.},
 year = {2015}
}

Copy | Download

TY  - JOUR
T1  - Analysis on the Policy Effect of Replacing Business Tax with Added-Value Tax
AU  - Shaogang Liao
AU  - Ying Pan
Y1  - 2015/04/17
PY  - 2015
N1  - https://doi.org/10.11648/j.ijefm.20150303.13
DO  - 10.11648/j.ijefm.20150303.13
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 162
EP  - 171
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20150303.13
AB  - In August 2013, the policy of replacing business tax with added-value tax (hereinafter referred to as VAT) was formally popularized to the whole national. It was an important measure of China comprehensively deepening the reform, readjusting the industrial structure and promoting the economic development. On the micro and macro aspects, the political effect of the policy of replacing business tax with VAT is analyzed in this paper from the time of trial implement to being carried out although the country. From the micro aspect, the analysis is based on the impact of the policy on the producers, consumers and the demand for labors. From the macro aspect, the analysis is based on the impact of the policy on the budget management system, industrial structure and fair income distribution. At the same time, the paper analyzes the problems, which appeared since the policy had been carried out for a year and gives some suggestions from the angles of actual operation and implementation. It could provide the beneficial reference to improve the policy of replacing business tax with VAT.
VL  - 3
IS  - 3
ER  -

Copy | Download