FOB={{ 1-[ tax refund rate /( 1+ VAT rate)]} * RMB tax-included price}/spot foreign exchange buying price?
Formula analysis:?
FOB= (RMB tax-included price-tax refund income)/exchange rate?
In which: tax refund income = RMB tax-included price * [tax refund rate /( 1+ VAT rate)]?
Then:?
FOB={ RMB tax-inclusive price-{RMB tax-inclusive price * [tax rebate rate /( 1+ VAT rate)]}/exchange rate?
FOB={{ 1-[ tax refund rate /( 1+ VAT rate)]} * RMB tax-included price}/exchange rate?
For foreign trade companies:
FOB={{{ 1-[ tax refund rate /( 1+ VAT rate)]} * RMB tax-included purchase price}+profit}/spot purchase price?
Or:?
FOB={{ 1-[ Tax Refund Rate /( 1+ VAT Rate)]} * RMB purchase price including tax}/[Spot purchase price *( 1+ profit rate)]?