From April 1 2065438, China will reduce the VAT rate of imported goods, which will reduce the VAT burden of imported enterprises by about 225 billion yuan and the tax burden of consumers by 65,438.035 billion yuan, further stimulating the market vitality.
Since the first tax rate of 13% was abolished in July, 20 17% and 1% were lowered by1%respectively, and the value-added tax rate in China was 16% and1%respectively. After this adjustment, China's value-added tax rate changed to 13%, 9% and 6%. Calculation method of value-added tax general taxpayer:
Taxable amount = output tax this month-input tax this month
Output tax this month = sales this month ÷[ 1+0. 16 (or1.1)] *13%.
Extended data
According to the basic principle of determining the value-added tax rate, China's value-added tax has set a basic tax rate and a low tax rate in addition to zero tax rate for export goods.
(1) basic tax rate
Taxpayers selling or importing goods, except those listed, have a tax rate of 13%, and taxpayers providing processing, repair and replacement services have a tax rate of 13%[2]? This tax rate is usually called the basic tax rate.
(2) Low tax rate
Taxpayers sell or import the following goods at a tax rate of 9%. This tax rate is usually called low tax rate.
1, grain, edible vegetable oil.
2. Tap water, heating, cold water and hot water; Coal gas, liquefied petroleum gas, natural gas, biogas, residential coal products.
3. Books, newspapers and magazines.
4. Feed, fertilizer, pesticide, agricultural machinery, plastic film.
5. Agricultural products.
6, metal mining products.
7. Non-metallic mineral mining and dressing products.
8. Audio-visual products and electronic publications (from 1, since 2007).
9. Dimethyl ether (since July 2008 1 day) and salt (since September 2007 1 day).
10, other goods specified by the State Council.
Baidu Encyclopedia-VAT rate