Research on VAT Burden of Electric Power Industry

Abstract

The tax burden borne by the electric power industry is heavier than that of other industries, which not only concerns the sustainable operation of electric power enterprises, but also concerns the smooth and healthy operation of the downstream industry and even the whole national economic system. In this paper, the main tax in the power industry—value-added tax as the object of study, the power industry tax burden vertical analysis and horizontal comparison, analysis and evaluation of value-added tax burden level in the power industry. At the same time, the case analysis of a single enterprise, more detailed, in-depth analysis of the VAT tax burden in the specific situation of power enterprises. Finally, in view of the problems existing in the analysis results, this paper puts forward feasible and reasonable Suggestions on how to scientifically use tax planning means to alleviate the burden of taxes and fees in power enterprises.