Ask customers to provide business license, organization code certificate, tax registration certificate, general taxpayer qualification certificate and other materials, and issue VAT invoices only after confirming that the other customer is a general taxpayer. According to different industries, the tax rates are 17%, 1 1% and 6% respectively.
From the tax principle, value-added tax is a turnover tax levied on the added value of many links such as commodity production, circulation and labor services or the added value of commodities.
Extra-price tax is implemented, that is, it is borne by consumers, and tax is levied only when there is value-added, but it is difficult to accurately calculate the added value or additional value of goods in the production and circulation process in practice.
Therefore, China also adopts the internationally common tax deduction method, that is, according to the sales of goods or services, the output tax is calculated at the prescribed tax rate, and then the value-added tax paid when obtaining goods or services is deducted, that is, the input tax, and the difference is the taxable amount of the value-added part. This calculation method embodies the principle of tax calculation according to value-added factors.
The formula is: tax payable = output tax-input tax.
VAT calculation formula: sales including tax /( 1+ tax rate) = sales excluding tax.
Sales excluding tax × tax rate = tax payable
Extended data:
All units and individuals engaged in VAT taxable activities and withholding agents who are not engaged in VAT taxable activities but have the obligation to withhold and remit VAT are VAT taxpayers.
Before 1994, foreign-funded enterprises paid consolidated industrial and commercial tax, but they were not VAT taxpayers. However, after State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) issued the Notice on the Collection and Management of Foreign-related Tax Value-added Tax on October 6, 65438 (Guo Shui Fa [1993] 138),
As VAT is subject to the system of tax deduction with special VAT invoices, it requires taxpayers to have a high level of accounting, which requires accurate accounting of output tax, input tax and tax payable.
But the reality is that many taxpayers can't meet this requirement, so the Provisional Regulations on Value-added Tax in People's Republic of China (PRC) divides taxpayers into general taxpayers and small-scale taxpayers according to their business scale and sound accounting. The specific criteria are as follows:
Production taxpayers, annual VAT taxable sales of 500,000 yuan;
Wholesale, retail and other non-productive taxpayers, the annual VAT taxable sales of 800,000 yuan.
Baidu Encyclopedia-VAT rate