Preferential tax rate of 20% for small micro-profit enterprises.
(1) Industry, income of 300,000, number of 100 people, total assets of 30 million
(2) Other, income of 300,000, number of 80 people, total assets of 10 million
High-tech enterprises: 15%
(core independent intellectual property rights, products, research and development products (services) income, scientific and technological personnel)
Income said deduction standards:
Employee welfare expenses: 14% of total wages and salaries, labor union funds: 2% of total wages
Education expenses: 2.5% of total wages (more than the carry-over deduction)
Business hospitality: 60% of the amount incurred 5 ‰ of the current year's income
Advertising expenses, business promotion expenses: 15% of the current year's income ( Over carry forward deduction)
Public welfare donations: 12% of total annual profit
Direct and indirect control: resident enterprises hold more than 20% of the shares of foreign enterprises
Research and development costs: 50% (150%) plus deduction
Disabled workers' salaries are fully deducted
Venture capital investment enterprises: 70% of the amount of investment to deduct the Income tax, insufficient carry forward credit
Shortening of depreciation life: not less than 60% of the depreciation year
Integrated resource utilization: a reduction of 90% of the total income
Environmental protection and other equipment: 10% of the investment amount to be credited from the tax amount, insufficient carry forward credit
Control: Resident enterprises, Chinese residents holding more than 10% of the voting rights of more than 50% of the shares
△consumption tax rate table
consumption tax = (customs duty-paid price + customs duty)*consumption tax rate / (1-consumption tax rate)
consumption tax is a "price" tax.
Example:
A taxable product costs $10, requires a profit of $8, and has a consumption tax rate of 10%.
If there were no excise tax, it would be fine if its selling price was set at $18.
But now that there is a consumption tax, if the selling price is still $18, then its profit becomes: 18-10-18×10% = $6.2.
Setting the selling price as X, we have:
x-10%x = 18
So: x = 18 ÷ (1-10%)
That's how it comes to the calculation of the compositional taxable price of imported consumption tax.
Cigarettes
1. Category A Cigarettes 45%
Including imported cigarettes; white packets of cigarettes; handmade cigarettes
Proportional tax rate: per standard strip (200 sticks, the same below) transfer price of more than 50 yuan (including 50 yuan, excluding value-added tax);
Fixed tax rate: per standard case (5,000 sticks, the same below) 150 yuan
2. Category B cigarettes 30%
Proportional tax rate: each standard bar (200, the same below) transfer price of 50 yuan (including 50 yuan, excluding value-added tax)
Fixed tax rate: 150 yuan per standard box (5,000, the same below)
3. Cigar cigarettes 25%
including a variety of sizes and types of cigar cigarettes
4. 30%
Including unrolled bulk cigarettes produced by processing tobacco leaves as raw material.
Wine and Alcohol
1. Grain liquor 20%
Fixed tax rate of 0.5 yuan/catty (500 grams) or 0.5 yuan/500 milliliters
2. Potato liquor 20%
White liquor made from sugar beets is taxed similar to potato liquor.
Fixed tax rate of 0.5 yuan/catty (500 grams) or 0.5 yuan/500 ml
Yellow wine 240 yuan / ton
Including all kinds of raw materials brewed yellow wine and liquor with a degree of alcohol of more than 12 degrees (including 12 degrees) of the soil sweet wine.
Beer 220 yuan / ton includes packaged and bulk beer.
Alcohol-free beer is taxed as beer. If the ex-factory price per ton (including packaging and packaging deposit) is above RMB 3,000 (including RMB 3,000, excluding value-added tax), the unit tax is RMB 250/ton; if it is below RMB 3,000, the unit tax is RMB 220/ton
Other wines 10%
Including bran white wine, white wine of other raw materials, earth sweet wine, replica wine, fruit and wood wine, sparkling wine, and medicinal wine brewed with tares. White wine is levied according to bran wine.
6. Alcohol 5%
Including distillation and synthetic methods of production of various industrial alcohol, pharmaceutical alcohol, edible alcohol
Cosmetics 30%
Including complete sets of cosmetics
Precious jewelry and jewelry and jade
1. 5% of the gold and silver jewelry
Limited to gold, silver and gold-based, silver-based alloy jewelry, and inlaid jewelry of gold, silver and gold-based and silver-based alloys.
The consumption tax is levied at the retail level.
2. Non-gold and silver jewelry 10%
3. Including all kinds of jewelry and jewelry and various jewelry and jade stones extracted, polished and processed in the production link sales link to collect consumption tax.
Cannons and fireworks 15%
Including all kinds of firecrackers and fireworks.
Firing paper used in sports, firecracker medicine fuse, not levied under this tax item.
V. Skin and hair care products
Since April 1, 2006, the levy ceased.
VI. Golf Balls and Balls 10%
VII. High-grade Watches 20%
VIII. Yachts 10%
IX. Wooden Disposable Chopsticks 5%
X. Solid Wooden Flooring 5%
XI. Finished Oils
Canceled the tax items of gasoline and diesel oil, and replaced them with subheadings under the tax item of Finished Oils (with no change in the tax rate).
1. Gasoline 0.2 yuan/liter
Leaded gasoline at 0.28 yuan/liter
Unleaded gasoline at 0.2 yuan/liter
2. Diesel fuel 0.1 yuan/liter
3. Naphtha 0.2 yuan/liter
1 ton = 1,385 liters, the consumption tax is levied temporarily at 30% of the taxable amount
4. Solvent oil 0.2 yuan/liter,
1 ton = 1,282 liters, temporarily 30% of the taxable amount of consumption tax
5. Lubricating oil 0.2 yuan/liter
1 ton = 1,126 liters, temporarily 30% of the taxable amount of consumption tax
6. Fuel oil 0.1 yuan/liter
1 ton = 1,105 liters, temporarily 30% of the taxable amount of consumption tax
6. The consumption tax is levied at 30% of the taxable amount
7. Aviation kerosene 0.1 yuan/liter
1 ton = 1,246 liters
XII. Small cars
Cancel the subheadings of small cars, cross-country vehicles, and small buses under the small car tax item
1. Passenger cars 3%-20%
(1)
(1)
(2)
(1) The tax rate is 3% if the cylinder capacity (exhaust volume, the same below) is below 1.5 liters (inclusive);
(2) The tax rate is 5% if the cylinder capacity is above 1.5 liters to 2.0 liters (inclusive);
(3) The tax rate is 9% if the cylinder capacity is above 2.0 liters to 2.5 liters (inclusive);
(4) The tax rate is 9% if the cylinder capacity is above 2.5 liters to 3.0 liters (inclusive);
(5) The tax rate is 3% if the cylinder capacity is above 2.5 liters to 3.5 liters (inclusive);
(5) if the cylinder capacity is 3.0 liters or more to 4.0 liters (inclusive), the tax rate is 15%;
(6) if the cylinder capacity is 4.0 liters or more, the tax rate is 20%.
2. Medium and light commercial buses 5%
XIII. Motorcycles 3%-10%
The tax rate for motorcycles has been changed to be set in stages according to the displacement:
1. The tax rate for those with a cylinder capacity of 250 milliliters or less is 3%;
2. The tax rate for those with a cylinder capacity of 250 milliliters or more is 10%.
XIV. Automobile Tires 3%-10%
The tax rate for motorcycles was changed to be set in stages according to the displacement:
1. The tax rate is 3% for the cylinder capacity up to and including 250 milliliters;
2. The tax rate is 10% for the cylinder capacity above 250 milliliters.
△Turnover tax (turnover x turnover tax rate)
Turnover tax rate table (effective from January 1, 2009)
Tax items Tax rate
I. Transportation 3%
II. Construction 3%
III.
V. Culture and Sports 3%
VI. Entertainment 5%-20%
VII. Services 5%
VIII. Transfer of Intangible Assets 5%
IX. Sale of Real Estate 5%
VAT
1. Purchase of fixed assets, input tax can be deducted.
2, cancel the foreign-invested enterprises purchasing domestic equipment VAT refund policy
3, cancel the original VAT policy for the mineral products of the preferential tax rate of 13%, for which the statutory tax rate of 17% was restored
4, small-scale taxpayers to abolish the difference between industry and commerce, the VAT rate was reduced to 3%
Tax headings
Tax rate
Scope
Description
I. Sales or imports of goods in addition to those listed
17%
The Chinese People*** and the State Provisional Regulations on Value-added Tax (VAT) Article 2 VAT rate, the first item provides that "taxpayers selling or importing goods, in addition to the provisions of paragraph (b ) and (c) of this article , the tax rate is 17%."
II. Processing, Repairing and Mending Labor Services
17%
The VAT rate of Article 2 of the Provisional Regulations on Value-added Tax of the People's Republic of China*** and the People's Republic of China, Item (IV) states, "The tax rate for taxpayers who provide processing, repairing, and mending labor services shall be 17%.
Third, agricultural products
13%
Including plant and animal categories
1. Plant categories
Grains include wheat, rice, corn, sorghum, cereals and other miscellaneous grains, as well as grains processed by milling, hulling and other processes
Cuts, dumpling skins, wontons skins, pasta skins, rice flour and other grain replicas, also fall within the scope of taxation of these goods. Soy snack foods are excluded.
Vegetables include all kinds of vegetables, fungus plants and a few wood plants that can be used as side dishes.
Vegetables, pickles, salted vegetables, pickles and salted vegetables processed by drying, chilling, freezing, packing and dehydration are also included in the scope of taxation of these goods.
Tobacco includes sun-dried tobacco, air-dried tobacco and first-roasted tobacco.
Tea includes all kinds of gross tea.
Horticultural plants refer to edible fruits.
Horticultural plants processed by freezing, chilling, packaging and other processes also fall within the scope of taxation of these goods.
Medicinal plants
The tablets, filaments, blocks, segments and other Chinese medicinal drinks made from the processing of medicinal plants also fall within the scope of taxation of these goods.
Oil plants
Aromatic oil plants for the extraction of aromatic oils also fall within the scope of taxation of these goods.
Fiber plants
Cotton short staple and fine dried (washed) hemp after degumming of hemp fibers also fall within the scope of taxation of these goods.
Sugar plants
Forestry products including logs, raw bamboo, natural resins and other forestry products
Bamboo shoots in brine are also included in the scope of taxation of this good
Other plants
Dried flowers, dried herbs, dried yams, dried algae, off-cuts of agricultural products, etc., are also included in the scope of taxation of this good.
Continued Table
Tax items
Tax rates
Scope
Description
2. Animals
Aquatic products include fish, shrimps, crabs, turtles, shellfish, echinoderms, mollusks, coelenterates, seafarers, fish fry eggs, shrimp fry, crab fry, shellfish fry seedlings, and preservative treatments such as chilled, frozen, salted and other preservative treatments and packaged aquatic products.
Dried fish, shrimp, crab, shellfish, echinoderms, mollusks, coelenterates, etc., as well as shells and pearls that have not been processed into handicrafts, also fall within the scope of taxation of these goods.
Livestock products including veterinary, avian and reptile animals
Meat products of veterinary, avian and reptile animals
Egg products Fresh milk
All kinds of veterinary, avian and reptile animals of raw meat products are also included in the scope of taxation, and processed salted eggs, loose eggs, pickled eggs, etc., are also included in the scope of taxation of this goods
Animal Hides and skins
Raw hides and skins soaked in water, salt water or antiseptic solution, scraped, dehairing, sun-dried or smoked without tanning also fall within the scope of taxation of the goods.
Animal Fleece
Other animal tissues include silkworm cocoons, natural honey, animal resins and other animal tissues.
Sales of self-produced agricultural products by agricultural producers are exempt from VAT.
Four, grain, edible vegetable oil
13%
Grain includes paddy; rice; soybeans; wheat; miscellaneous grains; fresh taro, dried taro, taro flour; and processed flour (except for all kinds of fancy flour).
Starch does not fall within the scope of agricultural products and is subject to VAT at 17%.
Edible vegetable oils include edible oils and fats processed and extracted from plants and mixed oils produced from them.
V. Other Goods
13%
Including tap water, heating, cooling, hot water, gas, liquefied petroleum gas, natural gas, biogas, coal products for residential use books, newspapers, magazines
Feedstuffs, chemical fertilizers, pesticides, farm machinery, agricultural films and other goods prescribed by the State Council
VI. Goods for Export Sales
0
Crude oil, diesel fuel, foreign aid export goods, natural cowhide, musk, copper and copper-based alloys, platinum, sugar, newsprint and other state regulations are not refundable.
Instructions:
I. General taxpayers producing the following goods may calculate and pay VAT according to the 6% levy rate under the simplified method
(a) Electricity produced by small hydroelectric units below the county;
(b) Sand, earth and stone used for construction and production of building materials;
(c) Bricks, stones or other minerals produced continuously from their own extracted sand, earth, stone or other minerals. or other minerals continuously produced bricks, tiles, lime;
(d) raw materials mixed with gangue, stone coal, fly ash, coal-fired boiler slag and other waste residues (excluding blast furnace slag) produced wall materials;
(e) biological products made from micro-organisms, microbial metabolites, animal toxins, blood or tissues of humans or animals.
Second, since January 1, 2009, the value-added tax (VAT) rate for metal ore mining products and non-metal ore mining products has been restored from 13% to 17%.
iii. Sales of tap water by general VAT payers can be taxed at a rate of 6%;
iv. Sales of goods by cultural relic stores and auction houses are taxed at a rate of 6%.
V. The following preferential policies of levying value-added tax (VAT) under the simplified method continue to be enforced, and no input tax credit shall be allowed:
(1) Taxpayers selling their own used items shall be enforced according to the following policies:
1. The general taxpayers selling their own used fixed assets belonging to fixed assets which are not deductible under the provisions of Article 10 of the Regulation and have no input tax credit shall be levied under the simplified method at 4%. The VAT shall be levied at a reduced rate of 4%.
General taxpayers selling other fixed assets used by themselves shall be executed in accordance with the provisions of Article 4 of the Circular of the Ministry of Finance and the State Administration of Taxation on Several Issues Concerning the National Implementation of the Transformation Reform of Value-added Tax (Cai Shui [2008] No. 170).
General taxpayers selling items other than fixed assets used by themselves shall levy VAT at the applicable rate.
2. Small taxpayers (except other individuals, the same hereinafter) selling their own used fixed assets shall levy VAT at a reduced rate of 2%.
Small-scale taxpayers selling their own used items other than fixed assets shall be subject to VAT at a levy rate of 3%.
(2) Taxpayers selling used goods shall levy VAT at a reduced rate of 4% in accordance with the simplified method.
The so-called used goods refer to the goods with partial use value (including old automobiles, old motorcycles and old yachts) that enter into secondary circulation, but not including the goods used by oneself.
(3) General taxpayers selling the following self-produced goods may choose to calculate and pay VAT according to the simplified method in accordance with the 6% levy rate:
1. Electricity produced by small-scale hydroelectric power generation units at the county level and below the county level. Small hydropower units, refers to all kinds of investment entities to build the installed capacity of 50,000 kilowatts or less (including 50,000 kilowatts) of small hydropower units.
2. Sand, soil and stone used for construction and production of building materials.
3. Bricks, tiles and lime (excluding clay solid bricks and tiles) continuously produced from their own extracted sand, soil, stone or other minerals.
4. Biological products made from microorganisms, microbial metabolites, animal toxins, human or animal blood or tissue.
5. Commercial concrete (limited to cement concrete produced from cement).
General taxpayers are not allowed to change the simplified method of calculating and paying VAT for 36 months after choosing the simplified method.
(4) General taxpayers selling goods under one of the following circumstances shall temporarily calculate and pay VAT under the simplified method in accordance with the 4% levy rate:
1. Consignment stores selling consignment goods (including goods consigned by individual residents);
2. Pawnbrokers selling dead pawn goods;
3. Duty-free goods retailed by duty-free stores.
6. Sales by units and individual operators of their own used yachts, motorcycles and automobiles subject to consumption tax shall be subject to value-added tax calculated at a rate of 6%.
vii. Sales of other fixed assets belonging to goods used by themselves are temporarily exempted from VAT. Note: "Used other fixed assets belonging to goods" shall have the following conditions at the same time:
(1) goods listed in the catalog of fixed assets of the enterprise;
(2) goods managed by the enterprise according to the management of fixed assets and have been used; and goods whose sales price does not exceed their original value. VAT shall be levied at a rate of 6% on goods that do not also fulfill the above conditions, regardless of how they are accounted for under the accounting system.
VIII. Small-scale VAT taxpayers selling imported goods, the tax rate of 6%, the provision of processing, repair and repair services, the tax rate of 6%.
IX. Sales of philatelic commodities by units and individuals other than the postal sector are subject to VAT.
x. General VAT taxpayers to small-scale taxpayers to buy agricultural products, can be considered as tax-free agricultural products at a deduction rate of 13% to calculate input tax.
xi. Waste materials recovered by factories are subject to input tax calculation at a deduction rate of 10%, and since April 1, 2009, all special invoices for waste materials are not allowed to be used as VAT deduction vouchers for calculating input tax credits at 10%.
Twelve, general VAT taxpayers with the amount of freight on the invoice to calculate input tax at a deduction rate of 7%. If the transportation cost and other miscellaneous expenses are listed together, the input tax shall not be calculated
The main content of this VAT transformation reform program is that, since January 1, 2009, under the premise of maintaining the current VAT rate unchanged, all general VAT payers nationwide (regardless of regions and industries) are allowed to offset the input tax contained in their newly purchased equipment, and the unoffset input tax shall be carried forward to the next period for further offset. The undeducted input tax will be carried forward to the next period for further deduction. In order to prevent tax loopholes, cars, motorcycles and yachts, which are not related to technological upgrading of enterprises and are easily mixed with personal consumption subject to consumption tax, are excluded from the scope of the above equipment. Meanwhile, as supporting measures for the transformation reform, the VAT exemption policy for imported equipment and the VAT refund policy for foreign-invested enterprises purchasing domestically produced equipment will be canceled accordingly, the levy rate for small-scale taxpayers will be uniformly lowered to 3 percent, and the VAT rate for mineral products will be resumed to 17 percent.
6
Conversion of tax-inclusive price and tax-exclusive price
Tax-exclusive price=tax-inclusive price/(1+levy rate)=X/(1+17%)
The amount of VAT payable=tax-exclusive price*tax rate =X/(1+17%)*17%
Tax payable for general taxpayers=Current output tax-Current input tax
Sales Tax = Sales * Tax Rate
The sales mentioned here are sales excluding tax. If the collected sales are price and tax and together, should be converted into tax-exclusive, the conversion formula is:
Tax-exclusive sales = tax-exclusive sales / (1 + tax rate or collection rate)
VAT payable = sales tax - input tax
Sales tax = tax-exclusive sales price × 17% = tax-exclusive sales price ÷ (1 + 17%) × 17%
Input tax = ex-tax input price × 17% = tax-inclusive input price ÷ (1 + 17%) × 17%