The implementation of replacing the business tax with a value-added tax not only reduces the burden on enterprises, but also optimizes the economic structure and tax structure. But after replacing the business tax with a value-added tax, the tax burden of some industries will still increase. The applicable tax rate of the financial industry increased from 5% to 6%, which resulted in the increase of the effective tax rate. Before, the tax rate of construction service industry was 11%, and the value-added tax rate of goods sales was 17%. After replacing the business tax with a value-added tax, the tax rate of construction industry was adjusted to 10% and the tax rate of goods sales to 16%. However, the tax reduction effect of construction industry was not strong due to the imperfect deduction chain of upstream enterprises. Therefore, it is necessary to further cut taxes and fees to consolidate the achievements of replacing business tax with VAT.