No. The purchased goods can be deducted as inputs.
Notice on the Comprehensive Launch of the Pilot Project of Changing Business Tax to Value-added Tax (Cai Shui [2016] No. 36)
The input tax of the following items shall not be deducted from the output tax:
(a) Purchased goods used for taxable items of the simplified taxing method, value-added tax exempted items, collective welfare, or personal consumption, processing, repairing, repairing, and disposing of labor services, services, intangible assets, and immovable property. The fixed assets, intangible assets and immovable properties involved refer only to the fixed assets, intangible assets (excluding other equity intangible assets) and immovable properties used exclusively for the above projects.
The taxpayer's social consumption is personal consumption.
(ii) Unusual loss of purchased goods, as well as related processing, repair and fitting services and transportation services.
(c) Unusual loss of products in process, finished products consumed purchased goods (excluding fixed assets), processing, repair and maintenance services and transportation services.
(d) Unusual loss of real estate, as well as the purchase of goods, design services and construction services consumed by the real estate.
(e) Purchased goods, design services and construction services consumed in the construction work of the immovable property that is not a normal loss.
Taxpayers new construction, remodeling, expansion, repair and decoration of real estate, are real estate construction in progress.
(vi) Purchased passenger transportation services, loan services, catering services, residents' daily services and entertainment services.
(vii) Other cases stipulated by the Ministry of Finance and the State Administration of Taxation.
The goods referred to in items (4) and (5) of this Article refer to the materials and equipment constituting the real property entity, including building decoration materials and water supply and drainage, heating, sanitation, ventilation, lighting, communication, gas, fire-fighting, central air-conditioning, elevator, electrical, intelligent building equipment and ancillary facilities.
Will the purchased goods be used for collective welfare input tax to be transferred outYes, input tax is transferred out. Purchased goods used for non-VAT taxable items do input tax transfer.
Self-produced goods used for collective welfare and personal consumption, the input tax can not be deducted
Self-produced goods used for collective welfare or personal consumption is deemed to be the same as sales behavior, there are sales! So the input tax can be deducted.
If the goods are purchased for collective welfare or personal consumption is not deemed sales, no sales! So input tax can not be deducted, to do input tax transfer.
Purchased goods for collective welfare and gratuitous gift of accounting treatment?
Your understanding is wrong.
This is not a change of use, but a deemed sales behavior.
He used the purchased goods for foreign gifts.
The so-called input tax transfer is for non-taxable items of VAT.
The purchase of goods for the construction of production lines can deduct input tax
1, the purchase of goods contained in the VAT, if it is used for non-VAT taxable services, the transfer of intangible assets, the sale of real estate and real estate construction, is not deductible, to be included in the cost of construction.
2, the taxpayer purchased without installation of machinery and equipment or need to install machinery and equipment, through the construction in progress accounting, but the machinery and equipment does not belong to the real estate, the purchase of equipment incurred by the input VAT is not required to be included in the cost of construction in progress.
Entries for purchased goods used for collective welfare, bought with a clear purpose
Purchased goods are directly used for employee welfare, and the tax is directly charged to the cost at the time of purchase
Purchased goods
Borrow: Inventory of goods
Credits: Bank deposits
Decision to issue
Borrow: Overheads / production costs / Manufacturing expenses
Credit: Employee compensation payable - non-monetary benefits
Actual payment
Borrow: Employee compensation payable - non-monetary benefits
Credit: Inventory goods
Can you deduct input tax on agricultural products purchased for collective welfare?No
The input tax for collective welfare is not deductible, is there a clear regulation and scope of "collective welfare"?First, for the collective welfare of the input tax is not deductible, "collective welfare" clear provisions and scope are:
"State Administration of Taxation on the enterprise wages and salaries and employee welfare expenses deduction issues of the notice" (State Taxation Letter [2009] No. 3) ...... third, on the deduction of employee welfare expenses;
The implementation of the Enterprise Income Tax Law (EITL), the State Administration of Taxation on the implementation of the Enterprise Income Tax Law (EITL), the State Administration of Taxation on the implementation of the EITL. p> Article 40 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates that the employee welfare expenses of an enterprise shall include the following:
(a) The equipment, facilities and personnel expenses incurred by the welfare departments of enterprises that have not yet implemented the separation of social functions, including the equipment, facilities and maintenance expenses of the collective welfare departments of the employees' canteens, employees' bathhouses, barber's rooms, medical clinics, childcare centers, sanatoriums and other collective welfare departments and the wages and salaries, social insurance premiums, housing provident fund, and labor costs of the staff of the welfare departments. ......
Relevant laws and regulations
1. According to the Provisional Regulations on Value-added Tax (VAT) and its implementation rules, input tax of the following items shall not be deducted from output tax: ...... (5) Purchased goods or goods subject to personal consumption that are used for collective welfare or The input tax of purchased goods or taxable labor services for personal consumption.
2. State Administration of Taxation, "Announcement on Pre-tax Deduction of Expenditures on Wages, Salaries and Employee Welfare Fees of Enterprises" State Administration of Taxation Announcement No. 34 of 2015 ...... I. Pre-tax Deduction of Expenditures on Welfare Subsidies of Enterprises
Welfare subsidies that are included in the enterprise's employee salary system and are fixed to be issued together with wages and salaries are eligible for pre-tax deduction. Welfare subsidies issued together, in line with the provisions of Article 1 of the Circular of the State Administration of Taxation on the Deduction of Wages and Salaries and Employee Welfare Expenses of Enterprises (Guo Shui Han [2009] No. 3), can be deducted as wage and salary expenditures incurred by the enterprise and deducted before tax in accordance with the regulations.
Welfare subsidies that cannot simultaneously meet the above conditions should be deducted before tax as employee welfare expenses as stipulated in Article 3 of Guo Shui Han [2009] No. 3, in accordance with the provisions of the calculation limit.
3, "State Administration of Taxation on the issue of deduction of enterprise wages and salaries and employee welfare expenses" (State Taxation Letter [2009] No. 3) ...... third, on the deduction of employee welfare expenses;
"Regulations for the Implementation of the Enterprise Income Tax Law" Article 40 of the provisions of the enterprise's employee welfare expenses, including the The following:
(a) the equipment, facilities and personnel costs incurred by the welfare departments of enterprises that have not yet implemented the separation of social functions, including the equipment, facilities and repair and maintenance costs of the collective welfare departments such as staff canteens, staff bathrooms, hairdressing salons, medical clinics, nurseries, nursing homes, etc., as well as the wages and salaries of staff in the welfare departments, social insurance premiums, housing provident funds, labor costs, etc.
(2)
(b) Subsidies and non-monetary benefits for employees' health care, living, housing, transportation, etc., including medical expenses for overseas medical treatment on official business, medical expenses for employees of enterprises that do not implement medical coordination, medical subsidies for employees' dependent immediate family members, heating subsidies, heat-prevention and cooling expenses for employees, hardship subsidies for employees, relief expenses, subsidies for employees' canteens, and transportation subsidies for employees. subsidies, and so on.
(3) Other employee welfare expenses incurred in accordance with other provisions, including funeral subsidies, compassionate care expenses, settlement expenses, and travel expenses for family visits.
4, "Regulations for the Implementation of the Enterprise Income Tax Law" Article 40 The employee welfare expenses incurred by the enterprise, not exceeding 14% of the total wages and salaries, are allowed to be deducted.
The purchased goods have been deducted at that time, used for collective welfare, how to deal withdo input transfer
In the calculation of VAT payable, used for the collective welfare of the purchased goods of the input tax can be deductedBecause of the application of value-added tax on goods and goods of the final tax burden is to be passed on to the head of the consumer, if used for the collective welfare and to deduct the inputs can not realize the purpose. . So this tax burden is ultimately borne by the enterprise,
Cannot be deducted