Discussion on the Influence of Replacing the Business Tax with a Value-Added Tax on Accounting Calculation

Abstract

In order to meet the requirements of social development in the new era, our economy has achieved a series of reforms, the related tax system and the value added tax system are constantly adjusted to meet the requirements of economic development. The most direct embodiment of the tax system and value added tax reform is the implementation of replacing the business tax with a value-added tax, which also has an influence on the accounting calculation of enterprises in the implementation process. This paper focuses on the influence of replacing the business tax with a value-added tax on enterprise income tax, enterprise cash accounting and profit accounting, enterprise income accounting, and puts forward the measures to implement the replacing the business tax with a value-added tax of replacing the business tax with a value-added tax.