I. Tax exemption refers to the concessions that belong to the scope of taxation but are granted tax exemption. Take business tax as an example,
The tax exemption items of business tax include:
According to Article 7 of the Provisional Regulations on Business Tax:
1. Childcare services provided by childcare centers, kindergartens, old age homes, and welfare institutions for the disabled, 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 provided by schools and other educational institutions (referring to academic education), and labor provided by students working and studying.
5. Agricultural mechanization, drainage and irrigation, pest control, plant protection, agricultural and animal husbandry insurance, as well as related technical training business, poultry, livestock, aquatic animal breeding and disease control.
6. Ticket income from cultural activities held in memorials, museums, cultural centers, management institutions of cultural relics protection units, art galleries, exhibition halls, calligraphy and painting institutes, libraries, and ticket income from cultural and religious activities held in religious places.
7. Insurance products provided by domestic insurance organizations for export goods. Here referred to as the insurance products provided for export goods, including export cargo insurance and export credit insurance.
2. Non-taxable items for VAT refer to items that are not subject to VAT, such as real estate and intangible assets.
Three, VAT-exempt items are those that are not subject to VAT within the scope of VAT, and the tax benefits of VAT are described on page 168 of the textbook.
Four, non-taxable items is a relative concept, for the value-added tax, non-taxable items refers to not pay value-added tax and pay business tax projects, for business tax, non-taxable items refers to not pay business tax to pay value-added tax projects.
Expanded:
Article 15 of the Provisional Regulations of the People's Republic of China on Value Added Tax (VAT) exempts the following seven items from VAT:
1. Agricultural products of self-production sold by agricultural producers;
2. Contraceptive medicines and appliances;
3, antique books;
4, imported instruments and equipment directly used for scientific research, scientific experiments and teaching;
5, imported materials and equipment freely assisted by foreign governments and international organizations;
6, items directly imported by organizations of the handicapped for the exclusive use of the handicapped;
7, sales of items used by themselves.
Except for the provisions of the preceding paragraph, the tax exemptions and reductions of value-added tax shall be prescribed by the State Council. No region or department may prescribe tax exemptions or reductions.
Baidu Encyclopedia-Value Added Tax