After the reform of the camp, the loan interest expenses will be incurred, and the VAT invoices collected shall not be deducted.
The interest paid by the enterprise to the lender for accepting the loan service and the investment and financing consulting fees, consulting fees and handling fees directly related to the loan shall not be deducted from the input tax.
Notice of the Ministry of Finance State Taxation Administration of The People's Republic of China on Promoting the Pilot Work of Changing Business Tax to VAT (Caishui [20 1 6] No.36): Annex1Implementation Measures for the Pilot Work of Changing Business Tax to VAT;
Article 27 The input tax of the following items shall not be deducted from the output tax:
(1) Goods purchased, processing, repair and replacement services, services, intangible assets and real estate used for simple taxable items, items exempted from value-added tax, collective welfare or personal consumption. The fixed assets, intangible assets and real estate involved only refer to the fixed assets, intangible assets (excluding other equity intangible assets) and real estate dedicated to the above projects.
Taxpayers' social and entertainment consumption belongs to personal consumption.
(two) abnormal loss of purchased goods, and related processing, repair and replacement services and transportation services.
(3) Goods purchased (excluding fixed assets), processing and repair services and transportation services consumed by products in process and finished products with abnormal losses.
(four) the abnormal loss of real estate, as well as the commodity procurement, design services and construction services consumed by the real estate.
(5) Goods purchased, design services and construction services consumed by the real estate under construction with abnormal losses.
Taxpayers' newly built, rebuilt, expanded, repaired and renovated real estates are all real estate projects under construction.
(six) the purchase of passenger services, loan services, catering services, residents' daily services and entertainment services.
(seven) other circumstances stipulated by the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China.
2. Can the interest invoice issued by the bank be deducted?
Special VAT invoices for loan interest issued by banks shall not be deducted.
The loan interest, investment and financing consulting fees, handling fees, consulting fees and other expenses directly related to loans paid by taxpayers to lenders when accepting loan services shall not be deducted from the output tax.
According to Caishui [2065438+06] No.36 Annex 1 Financial Services Bill, the fees paid by banks that have nothing to do with loan services are directly charged financial services, and special invoices for value-added tax can be obtained, and the input tax can be deducted according to regulations.
3. Can the VAT invoices collected be deducted from the loan interest expenses incurred after the reform of the camp?
VAT invoices charged for loan interest expenses incurred after the reform of the camp shall not be deducted from the input tax.
Loan interest, investment and financing consulting fees, handling fees, consulting fees and other expenses directly related to loans shall not be deducted from the output tax.
Expenses unrelated to loan services, such as bank account opening management fees, are directly charged according to the financial services bill in Annex 1 of Caishui [2065438+06] No.36, which can be deducted from the input tax.
Notice of the Ministry of Finance on the Pilot Reform of Business Tax to VAT (Caishui [20 1 6] No.36): Annex1Implementation Measures for the Pilot Reform of Business Tax to VAT;
Article 27 The input tax of the following items shall not be deducted from the output tax:
(a) the purchase of goods, processing, repair and replacement services, services, intangible assets and non-assets, intangible assets and real estate used for simple tax items, physical welfare or personal consumption only refer to fixed assets, intangible assets (excluding other intangible assets of rights and interests) and real estate dedicated to the above-mentioned items.
Taxpayers' social and entertainment consumption belongs to personal consumption.
(two) abnormal loss of purchased goods, and related processing, repair and replacement services and transportation services.
(3) Non-self-used purchased goods (excluding fixed assets) shall be processed and repaired.
(4) Goods purchased, design services and construction services for abnormal losses of real estate.
(five) abnormal losses of purchased goods, design services and construction services.
Taxable real estate is immovable.
(six) passenger services, daily services and entertainment services purchased for residents.
Four, after the reform of loan interest expenses, VAT invoices can be deducted?
VAT invoice is also a kind of invoice. Enterprises with VAT general taxpayer qualification can apply to the competent national tax authorities for receiving and purchasing VAT invoices, and issue them through the anti-counterfeiting tax control system. An enterprise with the qualification of general taxpayer of value-added tax can deduct the value-added tax with the value-added tax invoice. Special invoice, the abbreviation of "special VAT invoice". Invoice issued when selling VAT goods. After the implementation of the "Provisional Regulations on Value-added Tax in People's Republic of China (PRC)", in order to ensure the implementation of the value-added tax deduction system, it is now issued to enterprises for use. When a taxpayer sells goods or taxable services, it shall issue a special VAT invoice to the buyer, and indicate the sales amount and output tax separately. Special invoices used as deduction vouchers are limited to ordinary taxpayers whose buyers and sellers are VAT.