1. How to calculate the consumption tax on liquor?
Liquor consumption tax is a compound levy. The fixed tax rate of liquor consumption tax is RMB/kg and the proportional tax rate is 20%.
The tax calculation formula is: tax payable = sales × proportional tax rate+sales × fixed tax rate.
Liquor consumption tax refers to the tax rate levied in the process of consuming liquor. In order to appropriately increase the fiscal revenue and raise the consumption tax on liquor products, the state has formulated the Administrative Measures for the Verification of Liquor Consumption Tax in taxable value, which came into effect in July 2009. At that time, although the tax rate remains unchanged, the tax base will be changed to twice the tax on liquor.
2. What other goods are subject to consumption tax?
Consumption tax is a tax levied on a few consumer goods on the basis of general goods value-added tax, mainly to adjust product structure, guide consumption direction and ensure national fiscal revenue. The current scope of consumption tax collection mainly includes: cigarettes, alcohol, firecrackers, fireworks, cosmetics, refined oil, precious jewels and jade, golf balls and equipment, high-end watches, yachts, wooden disposable chopsticks, solid wood floors, motorcycles, automobiles, batteries, paints and other tax items, and some tax items are subdivided into several subheads.
3. Who is the taxpayer of consumption tax?
Taxpayers of consumption tax are units and individuals that produce, entrust, retail and import taxable consumer goods stipulated in the Provisional Regulations of People's Republic of China (PRC) on Consumption Tax. Specifically including:
State-owned enterprises, collective enterprises, private enterprises, joint-stock enterprises, other enterprises, administrative units, institutions, military units, social organizations and other units, individual operators and other individuals that produce, entrust, retail and import taxable consumer goods in China. According to the Notice of the State Council on Relevant Issues Concerning the Application of Provisional Regulations on Value-added Tax, Consumption Tax and Business Tax to Foreign-invested Enterprises and Foreign Enterprises, foreign-invested enterprises and foreign enterprises that produce, commission, retail and import taxable consumer goods in China are also taxpayers of consumption tax.
Consumption tax is a kind of tax levied by the state on taxable consumer goods produced, commissioned, retail and imported to reflect the consumption policy.
Consumption tax is a turnover tax levied on units and individuals engaged in the production and import of taxable consumer goods in China, and an indirect tax levied on specific consumer goods and consumption behavior in specific links.
There are many kinds of liquor, so the consumption tax of liquor should be determined according to different situations when calculating. The calculation methods and standards of different situations such as entrusted processing products and imported goods are different. Only by choosing different calculation formulas can we get the correct results. However, the negative tax of the whole liquor industry will increase, and the price of liquor will rise, which will help mediate liquor consumption and guide the correct consumption direction.