我国增值税转型对企业的影响分析

The Impact on Taxpayers of the VAT Reform in China

自2009年1月1日开始,我国全面实施增值税转型改革。本文从企业税负、利润水平、现金流量及固定资产投资等方面,全面考察了增值税转型对企业带来的影响。分析表明,在固定资产投资总额一定的情况下,增值税转型将从整体上降低增值税纳税人的税负,提高企业利润水平,降低企业现金流出,提高固定资产的盈利能力和周转能力,增强企业固定资产投资的积极性,提升企业竞争力。同时,企业也必须警惕扩大固定资产投资规模可能引发的财务风险,提高投资效率,尽快实现投资回报。

The value-added tax （VAT） reform will be comprehensively enforced in China since 1 January 2009. Based on the tax burdens and the fixed assets investment, this dissertation analyzed the impact on the taxpayers of the VAT reform in China. For the given fixed assets investment volume, the result showed that the VAT reform will reduce the tax burdens of the taxpayers, increase the profit, decrease the cash outflow, increase the fixed assets investment returns rate and fixed assets turnover, promote the enterprise competition ability, and enhance the investment motivation of fixed assets. But the enterprise should be on guard against the financial venture caused by the expansion of fixed assets investment and improve the fixed assets investment efficiency.