I. The tax-exempt items of business tax are:
1. Nursery schools, kindergartens, nursing homes, and welfare institutions for the disabled to provide child-care services, marriage introduction, and funeral services.
2. Labor services provided by individuals with disabilities.
3. Medical services provided by hospitals, clinics, and other medical institutions.
4. Educational labor services provided by schools and other educational institutions, and labor services provided by students' work-study.
5. Agricultural mechanization, drainage and irrigation, pest control, agricultural and animal husbandry insurance as well as related technical training, poultry, livestock, aquatic animal breeding and disease control business.
6, memorials, museums, cultural centers, art galleries, exhibition halls, painting and calligraphy institutes, libraries, cultural relics protection units to hold cultural activities sold tickets business, religious places to hold cultural and religious activities business.
In addition to these tax exemptions, there are also tax exemptions for individuals whose taxable income does not reach the starting point. The starting point for regular taxation is a monthly turnover of 1,000 to 5,000 yuan; the starting point for sub-taxation is 100 yuan for each (daily) turnover. If the starting point is reached, the full amount of business tax will be levied.
Second, the individual income tax law exemptions
1, the provincial people's government, the State Council ministries and the People's Liberation Army military and above, as well as foreign organizations, international organizations issued by the scientific, educational, technological, cultural, health, sports, environmental protection and other prizes;
2, the national bond and the state issued financial bond interest;
3, Subsidies and allowances granted in accordance with the unified provisions of the State;
4. Welfare benefits, pensions, and relief payments;
5. Insurance compensation;
6. Rehabilitation and demobilization fees for military personnel;
7. Settling-in fees, retirement fees, retired pay, retired pay, and retired subsistence allowances granted to cadres and employees in accordance with the unified provisions of the State;
8, the income of diplomatic representatives, consular officials and other personnel of embassies and consulates of various countries in China, which shall be exempted from tax in accordance with the provisions of the relevant laws of China;
9, the income exempted from tax as stipulated in the international conventions and agreements signed by the Chinese government;
10, the income exempted from tax with the approval of the financial department of the State Council.
3. China's provisional regulations on consumption tax provide that taxable consumer goods exported by taxpayers are exempted from consumption tax, except for those products restricted by the state. The main ones are:
1. The taxable consumer goods exported by the production enterprises with the right to export are exempted from consumption tax according to the actual quantity and amount exported.
2. Taxable consumer goods re-exported by processing with supplied materials are exempted from consumption tax.
3. Consumer goods shipped out of China by foreign contracting companies for use in foreign contracting projects; shipped out of China by enterprises after purchasing in China as investment abroad; used in foreign repair and fitting business by enterprises undertaking repair and fitting business abroad; sold to foreign vessels and ocean liners by foreign vessel supply companies and ocean transportation supply companies and received foreign exchange;
Established with the approval of the State Council, Chinese-foreign joint venture companies enjoying the right of import and export operation shall be exempted from consumption tax. Chinese-foreign joint ventures enjoying the right to import and export operations to acquire self-exported domestically produced taxable consumer goods are all taxable consumer goods for which the State is authorized to refund and exempt from consumption tax.
Enterprises that produce and sell cars, SUVs and buses that meet the low pollution emission limit can reduce the consumption tax by 30%.
The taxable consumer goods exported by foreign trade enterprises and agents can be refunded the consumption tax already levied.
The number of products sold×applicable tax standard+sales of taxable consumer goods×applicable tax rate
4. The tax exemption and reduction items of VAT are stipulated by the State Council, and the main items that can be exempted from VAT are as follows:
1. Self-produced primary agricultural products sold by production units and individuals in agriculture (including planting, breeding, forestry, pastoralism and aquaculture).
2, processing re-export of goods.
3, the following enterprises (projects) imported the provisions of the equipment for their own use and in accordance with the contract with the equipment imported technology and equipped with kits, spare parts:
One, the state encourages and supports the development of foreign-invested projects and domestic investment projects in the total amount of investment in the import of the provisions of the equipment for their own use, except as otherwise provided for by the state;
Second, the enterprise for the production of the "national high-tech catalog" listed in the High and New Technology Product Catalog" for the production of the products listed in the imported equipment for their own use and imported in accordance with the contract with the equipment, technology and ancillary parts, spare parts;
Third, imported by the software enterprises;
Fourth, the establishment of encouragement of foreign-invested enterprises and restriction of Category B, foreign-invested research and development centers, advanced technology and product exports of foreign-invested enterprises of technological innovation within the approved scope of production and operation, within Within the approved scope of production and operation, the use of own funds other than the total amount of investment imports;
Fifth, foreign-invested research and development centers set up within the total amount of investment imports;
Sixth, in line with the central and western provinces, autonomous regions, municipalities directly under the central government utilization of foreign investment in advantageous industries and projects directory of the advantages of the imported items within the total amount of investment (in addition to the total amount of investment in the use of own funds imports) The importer can also enjoy certain tax concessions).
Expanded Information:
The advantages and disadvantages of tax exemption:
There is no need for a tax exemption for the imported goods. p>Tax Exemption Advantages and Disadvantages:
I. Advantages
1. International double taxation can be completely eliminated.
2. When the tax rate of the source country is lower than the tax rate of the residence country, the residence country adopts the tax exemption method, which enables the taxpayers to actually enjoy the benefits given by the source country.
3. In terms of tax administration, it is simple and easy to implement.
2. Disadvantages
1. The tax exemption method is based on the residence country giving up the right to tax the foreign income of its residents, so that the interests of the residence country are jeopardized. It should take into account the interests of the source country, the country of residence, and the taxpayer.
2. If the State of residence exempts its residents from taxation on their foreign income when the tax rate of the State of source is lower than that of the State of residence, the tax burden on the income earned outside the State of residence is lower than that on the same income earned within the State of residence. This is inconsistent with the principle of equity.
It can also lead to the abnormal transfer of domestic capital and profits to countries with low tax burdens or tax havens. In practice, fewer countries have adopted this method.
Baidu Encyclopedia-Tax Exemption