According to the new regulations, sewage, garbage and sludge treatment services will return 70% after paying tax, which means a 30% value-added tax will be paid; recycled aquatic products will return 50% after paying tax, which means a 50% value-added tax will need to be paid. If the main business income you are talking about is tax-included (that is, the money received by your company including VAT), then you need to convert it to tax-free, that is: main business income = money collected / (1 17)
The calculation formula of value-added tax payable = output tax amount - (input tax amount, input tax amount left over last month - input tax amount transferred out). The value-added tax payable refers to the value-added tax payable by general taxpayers and small-scale taxpayers in the current period for selling goods or providing processing, repair and repair services. This item is filled in based on the difference between output tax and input tax. It should be noted that if the input tax of a general taxpayer enterprise is greater than the output tax, resulting in a negative number in the tax payable, this item should be filled in with zero and no negative number should be filled in.
The value-added tax output tax is directly multiplied by 17 based on the main business income. If the main business income you mentioned does not include tax, then the output VAT amount will be directly multiplied by 17 based on the main business income. The charges for sewage treatment are relatively formal, and the state's control is relatively strict, so there are rules to follow.
Legal basis:
Article 88 of the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China" Article 27, Item (3) of the Enterprise Income Tax Law It refers to qualified environmental protection, energy-saving and water-saving projects, including public sewage treatment, public garbage treatment, comprehensive development and utilization of biogas, energy-saving and emission reduction technological transformation, seawater desalination, etc. The specific conditions and scope of the project shall be formulated by the finance and taxation authorities of the State Council in consultation with relevant departments of the State Council, and shall be announced and implemented after approval by the State Council.
The income of an enterprise from engaging in qualified environmental protection, energy and water conservation projects as stipulated in the preceding paragraph shall be exempted from tax from the first to the third year starting from the tax year in which the project obtains the first production and operation income. Income tax, corporate income tax is halved from the fourth to the sixth year.