Legal subjectivity:

A preferential tax policy in which the tax authorities partially or fully refund the VAT paid in accordance with the tax law to the taxpayer when taxing, that is, VAT Immediate refund after collection; the tax authorities first collect the full amount of the VAT, and then refund all or part of the VAT that has been collected to the taxpayer. The law is objective:

Article 7 of the "Interim Regulations of the People's Republic of China on Land Value-Added Tax" implements a four-level progressive tax rate for land value-added tax: the value-added amount does not exceed 50% of the deducted item amount, The tax rate is 30%. The tax rate is 40% for the portion of the value-added amount that exceeds 50% of the amount of deduction items but does not exceed 100% of the amount of deduction items. The tax rate is 50% for the portion of the value-added amount that exceeds 100% of the amount of deduction items but does not exceed 200% of the amount of deduction items. The tax rate for the portion of the added value that exceeds 200% of the amount of deduction items is 60%.