From the date of receiving the tax refund, the refunded value-added tax can be deducted from the tax basis of urban maintenance and construction tax in the next tax reporting period. If the current balance is not fully deducted, it can be deducted in the future tax declaration period according to the regulations. It should be noted that the tax refund can only be deducted from the calculation basis of urban construction tax determined according to the general calculation method of value-added tax.
What are the requirements for tax refund?
1.20 19 From April, the incremental tax allowance for six consecutive months is greater than zero, and the incremental tax allowance for the sixth month is not less than 500,000 yuan;
2. The tax credit rating is Grade A or Grade B;
3. There is no fraudulent tax refund, export tax refund or false issuance of special VAT invoices within 36 months before applying for tax refund;
4. Not being punished by the tax authorities for tax evasion more than twice within 36 months before applying for tax refund;
5. Since April 20 19, 1 year, you have not enjoyed the policy of immediate return or return after collection.
To sum up, taxpayers who are allowed to enjoy the tax refund at the end of the VAT period will deduct the refunded VAT amount from the tax (collection) basis of urban construction tax, education surcharge and local education surcharge in the next tax declaration period from the date of receiving the tax refund.
Legal basis:
Notice on Additional Policies for Refund of VAT at the End of the Period, Urban Maintenance and Construction Tax and Local Education Fee
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In order to ensure the effective implementation of the policy of immediate refund of value-added tax, relevant issues concerning urban maintenance and construction tax, surcharge for education and surcharge for local education involved in tax refund are hereby notified as follows: Taxpayers who implement immediate refund of value-added tax are allowed to deduct the refunded value-added tax from the tax basis of urban maintenance and construction tax, surcharge for education and surcharge for local education.