Starting from May 1, 2016, China will fully implement the pilot program of the VAT reform, including the construction, real estate, financial, and life service industries in the pilot program of VAT reform. In order to better learn and implement national policies and adapt to fiscal and taxation reforms as soon as possible, Yabaite Finance Department personnel and other departments actively study the relevant regulations of the "VAT Reform". The Director of Finance Department Gu Tongli also invited experts to conduct professional studies on various departments. Training on the "VAT Reform".

(Previously, Gu Tongli, Director of Finance Department, carried out "VAT Reform" training)

On August 9, representatives from various departments of Yabaite gathered in the conference room of the headquarters to learn about the "Construction Business Reform Introduction to Increased Policies. The training was launched from three aspects: basic regulations, tax policies and management regulations for the construction industry, and the impact of the "VAT reform". It explained in detail the tax management and tax calculation methods of the construction industry, and the impact of the "VAT reform" on the construction industry. preventive solution. Teacher Lin Xifa said, "In response to the'VAT reform', special attention should be paid to input tax deductions. A detailed analysis of the deductible items in corporate expenditures, as far as possible, reorganizes the selection of suppliers. Simple collection, operate according to regulations, pay attention to the tax-related risks of deemed sales, mixed sales, concurrent and affiliated operations, etc. "Personnel participating in the training carefully study and express that they will continue to comprehend reform policies and learn relevant knowledge in order to reduce the number of aspects at work Mistakes, improve work efficiency.

(Teacher Lin Xifa conducts training in the conference room of the headquarters)

The full implementation of the VAT reform will strongly support Yabaite's transformation and upgrading, which will help expand corporate investment and enhance corporate business vitality. It will also contribute to the improvement and extension of the value-added tax deduction chain of the secondary and tertiary industries and the promotion of the integrated development of the secondary and tertiary industries.