General taxpayers selling goods or providing labor services is 13%. Transportation and postal services are 9%. Telecommunication basic services 9 percent. Value-added services 6 percent. Construction services 9%. Financial services 6%. R&D and technology, cultural creativity, logistics support services, forensic consulting, broadcasting, film and television, business support, etc. 6% in modern services. 6% for cultural and sports, education and medical care, tourism and entertainment, catering and accommodation, and residents' daily services in living services. The VAT rate for small-scale taxpayers is 3%, with a temporary rate of 1% during the epidemic.
Second, analyze the details
General taxpayers can choose to apply the simplified method of tax calculation for construction services provided for the old projects of construction works. General taxpayers selling self-produced machinery and equipment while providing installation services should account for the sales of machinery and equipment and installation services separately, and installation services can choose to apply the simplified tax calculation method according to the A-supply project. Small-scale taxpayers shall implement the simple method of calculating tax payable in accordance with the sales amount and the levy rate, and shall not offset the input tax.
Third, the definition of value-added tax
Value-added tax (VAT) is a kind of turnover tax levied on the basis of value-added generated in the process of circulation of commodities, which is collected by the State Administration of Taxation, and the tax revenue is 50 percent of the central government's fiscal revenue and 50 percent of the local revenue. VAT can be categorized into three major tax types: production-based VAT, income-based VAT and consumption-based VAT according to the different ways of deducting the tax included in the purchased fixed assets.