What is the tax rate for Class III medical devices
Hello, glad to answer your question. On the third class device invoice tax rate related information: medical equipment third class invoice tax rate is a sole proprietorship enterprise comprehensive tax rate including personal business income tax, enterprise value-added tax 1%, enterprise surtax 6%) Extended information: 3%. if it is a small-scale taxpayer, production and sales of medical equipment issued invoices, VAT rate is 3%. if it is a general taxpayer, production and sales of medical equipment issued invoices, VAT rate is 13%. The VAT rate is 13 percent on invoices issued by general taxpayers for the production and sale of medical devices.