The income tax burden formula for the medical wholesale industry is as follows:
Income tax payable ÷ main business income × 100%.
Value-added tax (VAT) burden rate of pharmaceutical wholesale industry is generally 8.50%, and the tax requirements of different places are different, so it is recommended to consult with the tax department in your country for details.
The tax burden refers to the proportion of the actual tax payable to the corresponding taxable sales revenue, the tax burden can refer to the value-added tax burden, income tax burden, etc., or all the current year's taxes can be added to the total calculation of an overall tax burden, the enterprise VAT burden rate of the three main factors: the sales price, the price of purchases, and the time of purchase.