Research on the Reform of Logistics Industry to Implement VAT
|School||Dongbei University of Finance|
|Keywords||the logistics value added tax sales tax transaction cost|
The logistics industry which is as a main artery of the normal operation of the national economy, support the functioning of other economic activities effectively. China is in economic transition, optimize the economic structure, promoted industrial upgrading, which is the effective means to improve quality and efficiency of its economic. China’s economy market through 30 years of reform and opening up development, and now is facing shortage of effective demand, production capacity idle, sluggish sales and other adverse conditions. However, a very important reason of this situation is the structural contradiction of production and circulation. The logistic industry underdevelopment, circulation links lack effective convergence, logistics design unreasonable, and can not smooth the flow of material. The logistics industry as producer services, is very close relationship with other industries, logistics network almost covering all sectors of other industries, and its function can affect all sectors of other industries, its development can improve the quality and efficiency of national economy.The tax, as an important lever, can regulate social resources for the government, which can through tax policy to support or inhibit some industries, to achieve its economic objectives and social objectives. In the second Five-Year Plan, our government explicitly proposed to develop modern logistics industry, accelerate to establish the modern logistics service system of socialization, specialization, and informatization, rapid develop the third-party logistics, priority integration and use of existing logistics resources, Strengthen the logistics infrastructure and convergence, improve logistics efficiency, and reduce logistics costs.From the second Five-Year Plan goals of the government in view, the current turnover tax is contrary to the direction of the target. Currently, the turnover tax of logistics industry is mainly levied on sales tax, only a small part of logistic processing services is levied on value-added tax. However, the inherent shortcomings of the sales tax:duplicate taxation, hinder the industry’s social and professional development etc. So, the current turnover tax of logistics urgent need to reform, which from the current collection of sales tax into a value-added tax.First of all, this article from the perspective of division labor set forth the emergence and development of the logistics. With the continuous development of market economy, the original economic organization in order to reduce fees and costs, people individually separated logistics operations form other economic activities for specialized operation, to bring efficiency to offset the additional transaction costs, however, can constantly deepening division of labor.Secondly, describes the history and current status of the logistics industry in China. Through estimates the tax burden on the logistics industry and comparison the total cost of the logistics industry share of GDP between inland and abroad, this article conclude the status quo of China’s high logistics costs. Through use 2009 Boke Information’s survey data which was the proportion of logistics outsourcing of various industries, this article conclude the reality of lack effective demand in logistics in our country. Through analyze the High-end logistics service supply platform and the status quo of high-end logistics operation services supply, this article conclude the distress situation of insufficient supply of high-end logistics in our country.Third, from the perspective of theoretical analysis, the article analyzed the mechanism on which the tax promoted the development of logistics industry. Form the theory, the tax promoted the development of logistics industry is through tax on capital formation, labor supply, technical progress yield an influence to achieve. Based on the reality of current labor market which supply exceeds demand in our country, the impact of the tax for the labor supply is relatively weak. Therefore, this text is mainly pay attention to tax on capital formation and technical progress both sides. Through three aspect of tax and non tax, the level of taxation, and different services products with different tax rate, analyzed the tax on capital formation in the logistics industry. As well as, from the perspective of transaction costs, analyzed the mechanism on which the tax promoted the technical progress. Through the above analysis, this article initially come to a conclusion:If the logistics levied on value-added tax, the transaction costs will be lower than the current sales tax. And then, after the VAT reform, deduced the tax promoted the development of logistics. Finally, combine above theoretical analysis and currently the turnover tax system’s distorting effect in logistics, the article explored the reform assumption of the logistics industry to implement VAT. At the same time, described the correlative connection problems in the reform process roughly.At home and abroad existing relevant literatures, the research on the logistics of implementation of Value Added Tax is mainly focus on from the perspective of sales tax double taxation to comparative analysis the burden between VAT and sales tax, and then analyze the distorting effects produced by the logistics. However, this text is from the perspective of transaction costs and division of labor, through compare the level of transaction costs between VAT and the sales tax to describe the mechanism on which the tax promoted the development of logistics industry. Therefore, the article from different angles explained current distorting effects produced by sales tax in the logistics.In the collection process of literatures, only collected the foreign literature related to the expansion around of VAT, without collect foreign literature about the logistics levied on VAT, Which is no doubt lack of a wide range of reference on the implementation of value-added logistics system design. This article’s related data, include data acquisition, some are from other relevant literature or related websites, without obtain First-hand information, so, reduced the credibility of the relevant conclusions. Moreover, limited by my own ability, the text’s system design and issues related to convergence still lack of the breadth and depth, therefore, need to enhance and strengthening in the future study and research.