Example: Company XX purchased a car, and the total price including tax was 226,000. Already XX company is a general taxpayer. 1. In terms of value-added tax: The value-added tax that XX company can deduct when buying a car = 226000/(1+13%)*13%=26000. Naturally, as a general taxpayer, the company can only use the VAT input tax to deduct the company's own VAT output tax after obtaining a compliant, reasonable and legal special VAT invoice. 2. In terms of corporate income tax: 226,000 can not only deduct 26,000 VAT, but also the remaining 20,000 VAT. Naturally, of the 26,000 yuan of VAT, the remaining 20,000 yuan is not VAT, but can be used as a deduction when estimating corporate income tax. Without considering the depreciation of the vehicle, this 20,000 yuan can become an expense of the company in the form of depreciation expenses. Naturally, in terms of financial accounting, companies are free to determine the depreciation life of the vehicle. However, in terms of taxation, the depreciation period of the vehicle shall not be less than 4 years. During the financial accounting period, if the depreciation period is less than 4 years, corporate income tax remittance settlement must also be adjusted. In addition, enterprises that purchase fixed capital of no more than 50,000 yuan may enjoy preferential treatment. That is, fixed capital not exceeding 50,000 yuan can be deducted in one go during the current year's corporate income tax remittance settlement. However, we must note that even if solid capital can be deducted in one go, financial accounting must still calculate depreciation in accordance with regulations. It can be said that financial accounting and tax law belong to two lines, and they will not harm each other! Not all companies can buy cars to deduct VAT! We can’t just know that companies can buy cars to deduct VAT, we also need to know what kind of company can meet this standard. If a company wants to offset the value-added tax by buying a car, the main situation is that the company must be a general taxpayer. After all, only general taxpayers of VAT can use VAT input tax to deduct sales tax in the VAT market. If the company itself is a small-scale taxpayer, the value-added tax on the purchase of a car needs to be treated as the cost of the vehicle and its value can be realized through depreciation. It cannot directly deduct the value-added tax that the enterprise needs to pay. Naturally, there is no difference in corporate income tax between small-scale taxpayers and general taxpayers. However, I think we must explain the main elements of the new requirements. After all, there will be some harm to some special groups, such as international students, overseas tourists and even overseas real estate groups. ★The remittance credit limit per person per year: will not change and is still US$50,000 per person per year. The main purposes for which foreign exchange is allowed to be purchased are: private vacation travel, studying abroad, visiting relatives and friends, overseas medical treatment, national official business and business study abroad, service trade, non-project investment commercial insurance and service consultation. ★The daily currency exchange limit per person: reduced from US$50,000 to US$10,000. Each person can only exchange the equivalent of 50,000 RMB in foreign exchange or 10,000 U.S. dollars per day, and any exchange exceeding 50,000 RMB must be declared. ★Cross-border remittance credit limit: No change. ★Whether purchasing foreign exchange at the service desk or online banking, you need to fill in the "Personal Foreign Exchange Purchase Application Form". Detailed material confirmation should be provided in the application report. For example, if it is used to study abroad, an admission letter will need to be issued to the university. If it cannot be confirmed effectively, it is likely to be listed on the "Concern List". If you do make the roster, in addition to canceling the $50,000 annual foreign exchange credit limit, you may also be subject to penalties. ★Bank credit card consumers in overseas regions will also be subject to supervision. The regulations require domestic card issuers to report any single overseas consumption of domestic cards exceeding 1,000 yuan.
★It is necessary to strictly manage split remittances, that is, the personal behavior of "collecting the number of people". The main contents are: It is strictly prohibited for more than five different people to remit money to the same person or organization on the same day, the next day or multiple days; it is prohibited The same person withdraws foreign currency cash close to US$10,000 from the same account more than 5 times within 7 days; the same person is strictly prohibited from transferring foreign currency deposits in the account to more than 5 direct blood relatives. For personal banks, the collections of personal banks are higher than this number. Companies must also note that large-amount transfers from public to private will also be subject to key supervision! Simply put, companies in 9 situations can easily be favored! 1. Cash transaction volume exceeds 50,000 2. Public transfers exceed 2 million 3. Private transfers The amount is too large (regional transfers exceed 500,000, overseas transfers exceed 200,000) 4. Small scale but huge turnover 5. Abnormal transfers (transfers in and out in batches, cash transaction volume exceeds 50,000) 6. Capital inflow and operation Irrelevant 7. Frequent transfers between public and private accounts 8. Frequent account opening and closing 9. Large number of transactions on idle accounts The document stipulates that from March 1, 2022, one debit card processing terminal can only be matched with one merchant. In addition, personal payment codes are limited to remote control of payment (mainly for illegal operations such as high-frequency graphics card benchmarking, gambling, electronic fraud, etc.); personal payment codes cannot be used to operate payment; payment barcodes must be grouped and managed Rules and regulations; distinguish between individuals and merchants, and those with production and operations are classified as merchants. Teach you 10 corporate tax planning methods. First: Change the company structure. Example: Set up a family company to control all your business companies. The family company does not need to do any business. The business company makes money and distributes dividends to the family company, so there is no need to pay corporate income tax. Yes, the family company can be tax-free when it invests in other industries or purchases things you need, such as cars, houses, furniture, etc. In addition, large family companies can also serve as server firewalls to avoid risks to the bosses themselves. Even if the company has an accident in the business process, it will only bear liability for the registered capital of Company Originally, the company immediately obtained the goods from the suppliers, but now they purchase them separately and sell them to the company to ensure the integration of the four streams and solve the company's problem of lack of input invoices. In addition, if collected after personal approval, the syndrome recovery rate is only 5%. Third: Split the business process. It used to sell air conditioners, but now it sells air conditioners. + For installation of air conditioning services, the VAT can be reduced from 13% to 6%. The fourth is to apply for high-tech enterprises. Fifth, change the transaction rules and address. Sixth: Transfer profits. Seventh: Reorganization and separation from the company. Eighth, take advantage of preferential tax policies. Ninth: Change the way you do business. Tenth: Use outside experts.