Business tax = 500000× 7.872× 4.5 %× 5% = 8856 (yuan); Withholding income tax = 500,000× 7.872× 4.5 %× (1-5% )×10% =16826.40 (yuan); Total tax withholding = 8856+ 16826.40 = 25682.40 (yuan).
Then the actual amount paid by your company to overseas loan companies is = 500,000× 7.872-25,682.40 = 3,965,438+0,036,5438+07.60 (RMB).
2. According to the provisions of the tax law, if a foreign enterprise has no place or office in China, it shall calculate and pay business tax and withholding income tax on its interest income obtained in China. Foreign enterprises are taxpayers of two taxes, and your company is withholding agent. When paying interest, the tax withheld by your company will be handed over to the tax authorities, so the interest paid by your company is actually $22,500. However, at the time of payment, the interest income earned by overseas enterprises is the amount after tax deduction, not $22,500. The difference is the tax payable in China, which is actually paid by your company to the tax authorities in China.
You can communicate with SAFE to see if SAFE counts the withholding income tax as the money of goods, because 17% belongs to the value-added tax rate of goods, which is only the possibility we speculate. You can consult SAFE again to find out the specific meaning of 1. 17 in its formula for calculating withholding income tax.
Loan: 8,000 yuan in the bank.
Taxes payable-income tax payable in 2000
3. Pay income tax on behalf of:
Borrow: tax payable-income tax payable in 2000.
Loan: Bank deposit 2000.
Article 10 of the Notice on Printing and Distributing (Guo Fa [1995] 156) in State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) stipulates that "non-financial institutions are required to provide funds to each other and collect capital occupation fees, such as borrowing working capital from enterprises and collecting capital occupation fees, and administrative organs or competent departments of enterprises provide funds to their subordinate units or enterprises and collect capital occupation fees". According to this regulation, no matter financial institutions or other units, as long as they lend funds to others, they should be regarded as lending activities and business tax should be levied according to the tax item of "financial insurance".