In China, VAT is a basic turnover tax. The employer needs to issue a VAT invoice to the buyer to confirm the price of the goods or services and prove that it pays taxes. When issuing VAT invoices, the employing unit shall abide by laws, administrative regulations and relevant provisions of the financial department, such as taxpayer qualification, tax rate and bill style. First of all, the employer must meet the taxpayer qualification, that is, register according to law and obtain the business license and tax registration certificate issued by the tax authorities. Secondly, the invoice of the employer is issued according to the corresponding tax rate, and the tax rate and tax items are adjusted by the tax authorities according to the tax policy and economic situation. Finally, the style of the employer's invoice also needs to meet the standards of the tax department. In order to avoid mistakes due to ignorance of relevant regulations, enterprises are advised to ask accounting firms to set up or receive relevant training on their behalf. In addition, the employer shall properly keep invoices and tax returns for inspection by the tax authorities.
How to deal with the value-added tax invoice with big mistakes issued by enterprises? If errors or other anomalies are found in the VAT invoices issued, the enterprise shall promptly report to the tax authorities and make corrections. If it affects the rights and interests of taxpayers, enterprises also need to communicate and negotiate with taxpayers in time to solve the problem as soon as possible.
The company shall issue VAT invoices in accordance with laws, administrative regulations and provisions of the financial department, such as taxpayer qualification, tax rate and bill style. In order to avoid mistakes, it is suggested that enterprises ask accounting firms to open or receive relevant training on their behalf. Taxation is an important financial resource of the country. Enterprises should actively cooperate with tax authorities in the process of tax payment and act in strict accordance with relevant regulations.
Legal basis:
"Provisional Regulations on Value-added Tax in People's Republic of China (PRC)" Article 21 When making taxable sales, a taxpayer shall issue a special VAT invoice to the buyer who asks for a special VAT invoice, and indicate the sales amount and output tax separately on the special VAT invoice. Under any of the following circumstances, a special VAT invoice shall not be issued:
(a) the buyer of taxable sales behavior is an individual consumer;
(2) The tax exemption clause applies to taxable sales.