Real estate industry: "camp reform" is beneficial to commercial real estate, industrial real estate and housing, reduces the tax burden cost, improves the profitability of real estate enterprises, and is conducive to promoting the development of construction and related industries; The scale of tax reduction accounts for -4.5% to 10.36% of net profit. Whether or not to reduce taxes and the scale of tax reduction depend on the deduction ratio of construction and installation costs.
Financial industry: Due to the different tax rates of diversified businesses of group enterprises, innovative business units such as Internet information services can enjoy lower tax rates, which will encourage enterprises to improve their business structure and enhance their innovation capabilities.
Life service industry: the reform of the camp has opened up the deduction chain within the service industry and between the secondary and tertiary industries, and eliminated double taxation from the system. Compared with the business tax system, the value-added tax system is more conducive to promoting the development of service industry and has obvious tax reduction effect on service enterprises.
Construction industry: the reform of the camp will force enterprises to obtain special invoices for input value-added tax, and the mode of subcontracting at different levels is unsustainable. After the camp reform, the tax rate of the construction industry increased from 3% business tax to 1 1% value-added tax. Among the four major industries, the tax rate has increased the most. Although tax basis has changed from turnover to value-added amount, resulting in a large number of deductions, it still poses a great challenge for enterprises to control tax costs.
Change business tax to value-added tax:
It means that the taxable items that used to pay business tax are changed to pay value-added tax, and value-added tax only pays taxes on the value-added part of products or services, which reduces the link of repeated tax payment. This is an important decision made by the CPC Central Committee and the State Council according to the new situation of economic and social development and the overall arrangement of deepening reform.
The purpose is to accelerate the reform of the fiscal and taxation system, further reduce the negative tax burden of enterprises, mobilize the enthusiasm of all parties, promote the development of service industries, especially high-end service industries such as science and technology, promote the upgrading of industry and consumption, foster new kinetic energy, and deepen the structural reform of the supply side.