The Impact on the Air Transportation Industry Tax Burden after Value Added Tax Reform

Abstract

The implementation of VAT reform is an important deployment of the Party made in the Fifth Plenary Session of the 17th CPC Central Committee. Since January 2012, Shanghai tries out “Business Tax to Value Added Taxâ€, the VAT areas expanded to transportation industry, postal services, telecommunications industry and modern service industry. This reform reduced enterprises double taxes, accelerated the development of industry, promoted the transformation and upgrading of enterprises. The year of 2016 is the full implementation of the VAT. In order to deepen the understanding of the policy of VAT, bases on the air transportation industry of data calculation and comparison, analysis of influence of VAT on the air transportation industry, and gives a brief description of measures.