The loan interest cannot be deducted from the input.

According to Article 27 of the Implementation Measures for the Pilot Reform of Business Tax to VAT (Caishui [20 1 6] No.36), the input tax on purchased passenger services, loan services, catering services, daily services of residents and entertainment services shall not be deducted from the output tax. Attachment: Notes on Sales Services, Intangible Assets and Real Estate Item (5) of Article 1: Loan service: Loan refers to the business activity of lending funds to others to obtain interest income. All kinds of income from occupying and borrowing funds, including interest (including capital preservation income, remuneration, capital occupation fee, compensation, etc.). During the holding period of financial commodities, the interest income from credit card overdraft, interest income from buying and selling financial commodities, interest income from margin financing and securities lending, interest and interest income from financing after-sale leaseback, bill discount, lending and other businesses shall be subject to VAT according to the loan business. At the same time, it is further clarified in Annex 2 of the Provisions on Relevant Matters in the Pilot Project of Changing Business Tax to Value-added Tax (Caishui [2016] No.36) that the input tax shall not be deducted from the output tax when the taxpayer accepts the loan service and pays the lender the investment and financing consulting fees, handling fees and consulting fees directly related to the loan.

Can bank loan interest be deducted by special ticket? Can bank loan interest be deducted before tax?

To apply for a loan in a bank, you need to pay a certain loan interest every month and every year according to the loan interest rate. Especially for corporate loans, the amount of loans generally applied for is large, and the loan interest will be more. Many borrowers have asked, can bank loan interest be deducted by opening a special ticket? Can bank loan interest be deducted before tax?

Can bank loan interest be deducted by special ticket?

According to the regulations, the bank's loan interest can be used to issue special invoices for value-added tax, but such special invoices cannot be deducted from taxes. It is stipulated in detail that the interest paid for loan services accepted by enterprises and the investment consulting fees, handling fees and consulting fees directly related to loans shall not be deducted from the input tax.

The bank's loan interest is essentially a loan service and cannot be deducted by special votes. Except for bank interest, the purchased passenger services, catering services, daily services of residents and entertainment services are not deductible for input tax.

Expenses unrelated to loan business, such as account opening fees and account management fees paid by banks, are directly collected financial services, and can obtain special invoices for value-added tax, and can be deducted from input tax according to regulations.

Can bank loan interest be deducted before tax?

If the enterprise has obtained the interest invoice, it can be deducted if it does not exceed the loan interest rate for the same period. However, not all bank loan interest can be deducted before tax. For example, if an enterprise obtains an irregular invoice, it cannot be deducted before tax if it fails to obtain the invoice. Corporate bank loans are obtained through the guarantee of related parties, and the debt ratio exceeds the standard, which cannot be deducted before tax.

The above is "Can the bank loan interest be deducted with a special ticket?" I hope I can help you!

Can the loan interest input tax be deducted?

The loan interest cannot be deducted from the value-added tax.

The Provisions on Relevant Matters Concerning the Pilot Project of Changing Business Tax to Value-added Tax stipulates that the investment and financing consulting fees, handling fees and consulting fees directly related to loans paid by taxpayers to lenders by accepting loan services shall not be deducted from the output tax.

The Measures for the Pilot Implementation of Changing Business Tax to VAT also clearly stipulates that the input tax of the following items shall not be deducted from the output tax: purchased passenger services, loan services, catering services, residents' daily services and entertainment services.

Can loan interest be deducted from VAT?

I can't.

According to the policy of camp reform, "purchased loan services" cannot be deducted from the output tax, and at the same time, it is stipulated that the input tax such as investment and financing consulting fees, handling fees and consulting fees directly related to loans paid by taxpayers to lenders by accepting loan services cannot be deducted from the output tax. The directly related expenses such as interest expenses paid by enterprises need to pay 6% value-added tax after the reform of the camp, which cannot be deducted from the input.

Loan interest refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds. Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower limits of interest rates stipulated by the Bank of China.

If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise the bridge crossing will be reduced. There are three main factors that determine loan interest: loan amount, loan term and loan code interest rate.

Can the loan service be deducted from the input?

The loan service fee and input tax incurred by ordinary taxpayers shall not be deducted.

1. According to the Provisional Regulations and the Detailed Rules for Implementation, if a taxpayer uses the purchased goods or taxable services for non-taxable items, tax-exempt items, collective welfare or personal consumption, and abnormal losses occur, the input tax shall not be deducted from the output tax. However, because the specific use of the goods or taxable services cannot be determined at the time of purchase, the input tax of the purchased goods or taxable services is often deducted from the output tax of the tax period at the time of purchase. However, when these behaviors that should not be deducted from the output tax occur, they should be treated as non-deductible. This requires that the input tax of goods or taxable services that should not be deducted should be calculated and deducted from the current input tax during the tax payment period when these acts occur, and the following situations should be treated differently.

Two, for the construction of fixed assets, collective welfare or personal consumption. Purchased goods or taxable services used for fixed assets under construction are not based on whether they are accounted for in the subject of "construction in progress". Even if the taxpayer's expenditure on building repair and decoration should not be accounted for in the subject of "construction in progress", the purchased goods or taxable services in his expenditure are also used for the construction in progress of fixed assets stipulated in the tax law. Similarly, the purchased goods or taxable services used for collective welfare and personal consumption cannot be deducted from the output tax even if they are not accounted for in the accounts of "wages payable", "welfare payable" or "surplus reserve".

Third, abnormal losses. Under normal circumstances, the input tax on purchased goods or taxable services consumed by abnormal loss of goods and abnormal loss of products and finished products has been deducted in previous tax periods. After a loss occurs, it is generally difficult to verify when the lost goods were purchased. It is impossible to accurately verify the original purchase price and input tax. Therefore, the non-deductible input tax should be calculated according to the principle we introduced in Example 25. The actual cost of lost purchased goods or taxable services in products and finished products shall be calculated with reference to the current cost data of the enterprise.

Four, for tax-free items, non taxable items. Under normal circumstances, the input tax that cannot be deducted for goods or taxable services used for tax-free items and non-tax items can be calculated according to the actual purchase price or the actual cost carried forward by the enterprise. Some enterprises, such as commercial enterprises, often divide the goods into several categories and calculate the sales cost according to the categories because of the wide variety of goods they operate. The actual cost of duty-free goods in the category cannot be found, so the input tax of duty-free goods cannot be calculated accurately.

So much for the introduction of loan service deduction.