What is the impact of camp reform on real estate enterprises?

Legal analysis: the impact of camp reform on real estate enterprises includes: rising operating costs; Facing the risk of rising tax burden in the short term; The influence of financial management and accounting treatment; Land costs may not be deducted from the input tax; It may cause a shortage of funds for real estate enterprises; Real estate enterprises may suffer heavy losses during the policy transition period.

Legal Basis: Notice on Comprehensively Pushing Forward the Pilot Project of Changing Business Tax to Value-added Tax Article 1 Units and individuals that sell labor services, intangible assets or real estate (hereinafter referred to as taxable acts) in People's Republic of China (PRC) are value-added tax payers, and shall pay value-added tax in accordance with these Measures, but not business tax. Units refer to enterprises, administrative units, institutions, military units, social organizations and other units. Individuals refer to individual industrial and commercial households and other individuals.