According to the current tax law, the following acts should be treated as sales:
(1) Recognition of deemed sales in VAT. The Provisional Rules for the Implementation of the Provisional Regulations on Value-added Tax provide that the following eight kinds of behavior are deemed to be sales:
① Delivery of goods to others for sale;
② Sales of goods sold on behalf of others;
③ Taxpayers with more than two institutions and unified accounting, the transfer of goods from one institution to the other institutions for sale, but the relevant institutions are located in the same county (city), except;
④ Self-produced, self-produced and self-sustainable goods, the goods are sold to other institutions. p> ④ Using self-produced or commissioned goods for non-taxable projects;
⑤ Providing self-produced, commissioned or purchased goods as investment to other organizations or individual operators;
⑥ Using self-produced, commissioned or purchased goods for distribution to shareholders or investors;
⑦ Using self-produced, commissioned or purchased goods for collective welfare or personal consumption; ?
⑧ self-produced, commissioned processing or purchase of goods to others without compensation.
No sales of deemed sales behavior, in accordance with the following order to determine the sales:
(1) the average sales price of similar goods in the month;
(2) the average sales price of similar goods in the most recent period;
(3) the composition of the taxable price: Composition of the taxable price = cost * (1 + cost margins) + excise tax
When the goods are not subject to consumption tax. When the goods are not subject to consumption tax, the last term of the formula is zero.
The above order of determining sales also applies when the price of goods sold or taxable services provided by the taxpayer is obviously low and not justified.
The above is what I saw elsewhere, the answer is very comprehensive, the original answer is: SOSO inside the name of the "rain doll", you borrowed it, I hope to help you.
Question 2: What does accounting mean by deemed sales and sales? What's the difference? I learned the specifics are almost forgotten - -
deemed sales
Let's put it this way, that is, although one of your business is not sold to the outside world to obtain payment for goods, but has the nature of sales. It is not treated as a sale for accounting purposes, but it is treated as a sale for tax purposes, and revenue is recognized and tax paid.
As for sales, I think it is a direct barter. (Personal opinion, the book I forget)
The behavior of deemed sales
1, the goods will be delivered to others for sale. For
2, the sale of goods on behalf of the sale.
3. If a taxpayer with more than two organizations and unified accounting system transfers goods from one organization to other organizations for sales, and the relevant organizations are not located in the same county (city), the goods shall be treated as sales and subject to value-added tax (VAT). Related institutions located in the same county (city), still in the final realization of the goods sales tax, the middle transfer is not taxed.
4. The self-produced or commissioned processing of goods for non-taxable projects.
5, the self-produced, commissioned processing or purchase of goods as an investment, provided to other units or individual operators.
6. Distribute the self-produced, commissioned processing or purchased goods to shareholders or investors.
7, the self-produced, commissioned processing of goods for collective welfare or personal consumption.
8, the self-produced, commissioned processing or purchase of goods to others without compensation.
This is on the Internet to check, I remember when we note that the textbook is also so 8, I do not know now changed.
Well....
Drifting away
Question 3: Why is deemed sales Definition of deemed sales: deemed sales refers to the transfer of goods or services in the accounting not as sales accounting, but in the tax as a sale, the recognition of income and payment of taxes.
The behavior of deemed sales includes
According to the current tax law, the following behaviors should be regarded as sales:
(1) Recognition of deemed sales in value-added tax (VAT). The Provisional Rules for the Implementation of the Provisional Regulations on Value-added Tax stipulate that the following eight behaviors are regarded as sales:
① Delivery of goods to other people for sale;
② Sale of goods for sale;
③ Taxpayers with two or more organizations and unified accounting, transferring goods from one organization to another for sale, except for the relevant organizations located in the same county (city);
④ Self-produced, self-owned, and self-owned goods, and self-owned goods, and self-owned goods, and self-owned goods and self-owned goods. p> ④ Using self-produced or commissioned goods for non-taxable projects;
⑤ Providing self-produced, commissioned or purchased goods as investment to other organizations or individual operators;
⑥ Using self-produced, commissioned or purchased goods for distribution to shareholders or investors;
⑦ Using self-produced, commissioned or purchased goods for collective welfare or personal consumption; ?
⑧ self-produced, commissioned or purchased goods to others without compensation.
Accounting treatment, specifically explained as follows:
(1) goods delivered to others for sale:
commissioned party's treatment - a deemed buyout mode, generally in the issuance of goods, recognize revenue
b charge a fee mode, in the receipt of the commissioned party to open the list of sale (2) Selling goods for sale:
Treatment of the entrusted party - recognizing revenue on the basis of the handling fee charged
(3) Taxpayers with two or more institutions and unified accounting, transferring goods from one institution to the other for sale, except for the relevant institutions located in the same county (city). Except for the following:
Revenue is not recognized
(4) The goods belong to the nature of self-production and self-consumption, and VAT invoices shall not be issued, but the output tax amount shall be calculated in accordance with the regulations and carried forward according to the cost, and the revenue is not recognized
Borrowing: Construction in Progress (Non-production Machines and Equipments)
Crediting: Inventory Commodities (Cost)
Taxes Payable - VAT Payable ( output tax) (fair value * VAT rate)
(5) Use of self-produced, commissioned processing or purchased goods for investment:
Debit: Long-term equity investment
Credit: Income from main business/other business income
Taxes payable - VAT payable (output tax) <
(6) Distribute self-produced, commissioned-processed, or purchased goods to shareholders or investors:
Debit: Dividends payable
Credit: Income from main business
Taxes payable - VAT payable (output tax)
(7) Use self-produced or commissioned-processed goods for Collective welfare or personal consumption:
Borrow: Remuneration payable to employees
Credit: Revenue from main business
Taxes payable - VAT payable (output tax)
At Remuneration payable to employees in the Explanation of Accounting Standards for Enterprises, "An enterprise If self-produced products are provided to employees as non-monetary benefits, the recognition of relevant income, the carrying forward of cost of goods sold and the treatment of relevant taxes and fees are the same as those for normal sales of goods"
(8) Deemed sales and calculation of VAT payable
Borrowing: Non-operating Expenses
Crediting: Inventory of goods (cost)
Taxes and fees payable- VAT payable (output tax) (fair value * VAT rate)
Do not count as deemed sales
The following are not deemed sales, but treated as sales:
According to the provisions of the tax law, self-produced, commissioned processing or purchased products for non-monetary asset exchanges and debt restructuring, is not considered a deemed sale, but a sales act, for the two Business accounting is also to recognize revenue.
(1) for non-monetary asset exchange:
Borrow: inventory, fixed assets, intangible assets, etc.
Credit: income from main business / other business income
Taxes payable - payable value-added tax (sales tax)
Bank deposits, etc. (or debit)
(2) for debt Restructuring:
Debit: Accounts payable
Credit: Income from main business/other business income
Output tax: Taxes payable - VAT payable (output tax)
Non-operating income - Debt restructuring gains
Situations that are not recognized as income
Deemed sales of products for self-produced products Whether it is accounted for as income from the main business, the following policies need to be noted:
The Ministry of Finance's Reply Letter on How to Account for the Deemed Sale of One's Own Products stipulates that:
Enterprises use their own products for construction in progress, management, non-productive organizations, donations, sponsorship, fund-raising, advertisements, samples, employee benefits, rewards, etc., which is a kind of internal carry-over relationship.
The enterprise will not increase its cash flow due to the use of its own products for construction in progress, etc., nor will it increase its operating profit.
Therefore, the sale is not treated as a sale for accounting purposes and is transferred at cost. The various taxes paid by the enterprise in accordance with the regulations also constitute part of the expenditure incurred due to the use of the self-produced products, which should be credited to the relevant accounts according to the purpose.
And in accordance with the new "business accounting quasi ...... >>
Question 4: What are the several cases of deemed sales According to the current tax law, the following behaviors should be regarded as sales:
(1) Recognition of deemed sales in VAT. The Provisional Rules for the Implementation of the Provisional Regulations on Value-added Tax provide that the following eight kinds of behavior are regarded as sales:
① Delivery of goods to others for sale;
② Sales of goods sold on behalf of others;
③ Taxpayers with more than two institutions and unified accounting, the transfer of goods from one institution to the other institutions for sale, but the relevant institutions are located in the same county (city), except;
④ Self-produced, the goods will be sold on behalf of others, but not in the same county (city). p> ④ Using self-produced or commissioned goods for non-taxable projects;
⑤ Providing self-produced, commissioned or purchased goods as investment to other organizations or individual operators;
⑥ Using self-produced, commissioned or purchased goods for distribution to shareholders or investors;
⑦ Using self-produced, commissioned or purchased goods for collective welfare or personal consumption; and
⑦ Using self-produced, commissioned or purchased goods for collective welfare or personal consumption;
⑦ Using self-produced or commissioned goods for collective welfare or personal consumption;?
⑧ self-produced, commissioned processing or purchase of goods to others without compensation.
Question 5: What is the meaning of the act of deemed sales for VAT deemed sales: there is the concept of deemed sales in VAT, enterprise income tax and accounting, but their scope is different. Deemed sales for VAT: the essence is the termination of the chain of "offsetting inputs and generating outputs" for VAT, such as the use of goods for non-VAT projects, personal consumption or employee welfare, etc., and the accounting does not deal with sales. Deemed sale for EIT purposes: represents a transfer of ownership of goods without revenue processing for accounting purposes. Accounting for the deemed sales: is not generated income but is deemed to generate income.
According to the current tax law, the following behaviors should be regarded as sales:
(1) Recognition of deemed sales in VAT. The Provisional Rules for the Implementation of the Provisional Regulations on Value-added Tax provide that the following eight kinds of behavior are deemed to be sales:
① Delivery of goods to others for sale;
② Sales of goods on behalf of others;
③ Taxpayers with more than two institutions and unified accounting, the transfer of goods from one institution to the other institutions for sale, but the relevant institutions are located in the same county (city), except;
④ The self-produced, the goods will be sold in the same county (city). p> ④ Using self-produced or commissioned goods for non-taxable projects;
⑤ Providing self-produced, commissioned or purchased goods as investment to other organizations or individual operators;
⑥ Using self-produced, commissioned or purchased goods for distribution to shareholders or investors;
⑦ Using self-produced, commissioned or purchased goods for collective welfare or personal consumption; and
⑦ Using self-produced, commissioned or purchased goods for collective welfare or personal consumption;
⑦ Using self-produced or commissioned goods for collective welfare or personal consumption;?
⑧ self-produced, commissioned processing or purchase of goods to others without compensation.
The accounting treatment is explained as follows:
(1) Goods delivered to others for sale:
The treatment of the commissioning party - a Deemed to be under the buyout method, generally at the time of issuance of the goods, revenue is recognized.
b Under the handling fee method, revenue is recognized when the list of goods sold on behalf of others is received from the entrusted party.
(2) Sale of goods sold on behalf of the buyer:
Treatment of the fiduciary party - Revenue is recognized on the basis of the handling charges collected.
(3) Taxpayers with two or more institutions and unified accounting, transferring goods from one institution to other institutions for sales, except where the relevant institutions are located in the same county (city):
No revenue recognition
(4) Being of a self-produced and self-use nature, no VAT invoices shall be issued, but the output tax shall be calculated in accordance with the regulations, and the sales tax shall be carried forward on the basis of the cost, and no revenue shall be recognized. .
Borrow: construction in progress (non-production of used machines and equipment).
Credit: Inventory goods (cost).
Taxes payable - VAT payable (output tax) (fair value * VAT rate).
(5) Use of self-produced, commissioned or purchased goods for investment:
Debit: Long-term equity investment.
Credit: Income from main business/other business.
Taxes payable - VAT payable (output tax).
(6) Distribute the self-produced, commissioned processing, or purchased goods to shareholders or investors:
Debit: Dividends payable.
Credit: Revenue from main business.
Taxes payable - VAT payable (output tax).
(7) Self-produced, commissioned processing materials, used for collective welfare or personal consumption:
Debit: Employee compensation payable.
Credit: Revenue from main business.
Taxes payable - VAT payable (output tax).
Question 6: What is deemed sales revenue? How is the tax treated? Answer:Deemed sales refers to the transfer of goods or services that are not accounted for as sales in accounting, but are treated as sales for tax purposes and recognized as income for tax purposes. Article 25 of the Regulations for the Implementation of the Enterprise Income Tax Law states that: If an enterprise engages in non-monetary asset exchange and uses goods, property or services for donation, debt repayment, sponsorship, fund-raising, advertisement, samples, employee welfare or profit distribution, it shall be regarded as a sale of goods, a transfer of property or the provision of services, unless otherwise stipulated by the competent departments in charge of finance and taxation of the State Council. The Circular of the State Administration of Taxation on the Income Tax Treatment of Disposal of Assets by Enterprises (Guo Shui Han [2008] No. 828) stipulates that: (1) deemed sales not of a commercial nature, also known as internal disposals, as the ownership of the assets does not change in form or substance, and no further profit is recognized on the corresponding deemed sales; (2) deemed sales of a commercial nature, also known as external disposals, as the following The ownership of the assets has been changed, requiring the recognition of profit on the deemed sale.
Question 7: What does it mean to charge value-added tax on the deemed sale of goods Simply put, it means that the VAT taxable goods will be given to other people, do not want to pay money, but the goods given out should also be calculated according to the same calculation as the sale of goods out to pay value-added tax
Question 8: What is the case of the deemed sale? The purchased goods are the purchased raw materials or purchased inventory goods
The use of purchased raw materials for non-VAT taxable projects, for example: for the construction project is the transfer of input tax
The use of purchased raw materials for collective welfare or personal consumption is the transfer of input tax
The rest of the output tax
Question 9: the VAT deemed to be the same as the sale of behavior
What is the meaning of the following point? What is the meaning of the following point? For VAT purposes, an organization is a sales outlet set up by an enterprise, such as a dealership, a branch, a chain store, and so on. The transfer of goods between organizations within the same county and city is not considered as deemed sales and is not taxable. Unified accounting organizations within a city or prefecture can also apply for aggregation of VAT payment with the approval of the relevant state tax department, and the head office will pay the VAT uniformly. There is a prerequisite of unified accounting here, if each organization has separate accounting, it can only pay tax independently in its own territory. The transfer of goods between organizations is also treated as sales.
Question 10: Overview of the behavior of deemed sales of the current tax law will be classified as the following eight kinds of behavior: ① delivery of goods to others to sell; ② sales of goods sold; ③ not the same county (city), the goods from one organization to another agency for sales; ④ self-produced or commissioned processing of goods used for non-taxable projects; ⑤ self-produced, commissioned processing or the purchase of goods as an investment, provided to other units or self-employed persons; ⑤ self-produced, commissioned processing or purchase of goods as an investment, provided to (viii) The self-produced or commissioned processing or purchased goods are used for collective welfare or personal consumption. (8) will be self-produced, commissioned or purchased goods gratuitous gift to others. In practice, the sale of such deemed business is relatively common. Here to focus on the first case will be delivered to others to sell goods, will be delivered to others to sell the goods of the tax time is how to determine? Delivering goods to others for sale, its tax obligations and the issuance of VAT invoices for the day of receipt of the sales list sent by the trustee. This contains a lot of content, according to the Ministry of Finance and the State Administration of Taxation on November 28, 2005, Cai Shui (2005) No. 165 documents, (a) taxpayers to sell goods in the form of sales, in the receipt of sales list before the receipt of all or part of the payment, the tax obligation occurs for the receipt of all or part of the payment of the day. (ii) If the sales list and payment have not been received for more than 180 days after the issuance of the goods sold on behalf of a taxpayer, the taxpayer shall be deemed to have realized the sale and shall be subject to value-added tax (VAT), and the time of incurring tax obligation shall be the day when the goods sold on behalf of a taxpayer have been issued for more than 180 days. This provision is different from the accounting treatment, which is intended to safeguard the tax rights of the state, but also to prevent the taxpayer through the so-called sales in the form of indefinite deferral of tax obligations. So the delivery of goods to others to be deemed to sell the reasons and reasons here. Deemed to be sales behavior from the accounting and tax law from two perspectives, accounting that most of these behaviors do not meet the conventional accounting revenue recognition standards, and from the tax law, they are similar to the sales behavior, so need to pay value-added tax, and the related gains measured and its income to pay income tax. The accounting treatment of deemed sales is relatively unique, and they do not reflect the tax implications on the surface. The above three types of business in the accounting treatment is: after the occurrence of the business, the general accounting entries are as follows: debit: construction in progress (for infrastructure projects) payable welfare (for collective welfare projects) non-operating expenditures (for personal consumption) production costs (for tax-exempted projects, including production costs and manufacturing costs, the same as the following) credit: finished goods taxes payable - VAT payable (sales tax) for example: Dawei non-ferrous metal products limited liability company for the general taxpayer of VAT, 2005 *** production of 21,500 tons of product A. 20,000 tons of which are sold directly to the outside world. Among them, 20,000 tons were sold directly to the outside world, 1,000 tons were used for the unit's infrastructure projects, and 500 tons were used for tax-exempt product production projects. The production cost per ton of product is 7,000 yuan, and the external sales price is 10,000 yuan (all refer to the price excluding tax). According to the provisions of the financial accounting system, the above business should be made accounting entries for (in all units of ten thousand yuan): 1. external sales part of the loan: bank deposits (accounts receivable) 23400 credit: revenue from the main business 20000 tax payable - payable VAT (sales tax) 3400 loan: cost of the main business 14000 credit: Finished goods 140002.For the use of internal infrastructure projects debit: construction in progress 870 credit: finished goods 700 Tax payable - VAT payable (output tax) 1703.For the use of tax-exempted products production debit: production costs 435 credit: finished goods 350 Tax payable - -VAT payable (output tax) 85 in the above three groups of accounting entries, we can see the following characteristics: 1.*** the same: whether it is direct sales, or internal use, in the calculation of VAT output tax, always in accordance with the market price of its products per ton of 10,000 yuan, rather than according to the cost price of 7,000 per ton of the implementation. In this regard, the VAT involved in the deemed sales business is directly reflected in the accounting entries. 2. The difference is that: the part used for external sales, due to the bookkeeping, the direct use of the "revenue from main business" account to record revenue and the use of the "cost of main business" to write off the cost, and the use of the "cost of main business" to write off the cost. The net income (profit) generated by the portion used for external sales is directly reflected in the accounting statement (income statement) because the "main business income" account is used to record income and the "main business cost" account is used to write off costs. The part used for infrastructure and tax-exempted use, due to the accounting treatment is used to directly offset the cost of the product approach, and thus there is no "main business income" and "main business costs" between the net income reflected. The above accounting treatment ...... >>