1. The VAT invoice for purchasing fixed assets includes VAT. Fixed assets are subject to value-added tax, not income tax.

2. Value-added tax cannot be deducted when calculating income tax. Value-added tax is an extra-price tax.

3. Individual sellers who sell goods such as cigarettes and alcohol need to pay consumption tax (if there is consumption tax) and value-added tax at the same time. Business tax is a tax that must be paid by catering, services, and consulting businesses.

4. What is the difference between value-added tax and business tax? Which industries are the two types of taxes suitable for? For example, if a car sales company sells cars, does it need to pay both value-added tax and business tax? If not, please explain in detail

< p>Car sales companies pay value-added tax when selling cars.

A. Anyone who sells real estate, provides labor services (excluding processing, repair and repair), and transfers intangible assets must pay business tax. Anyone who sells movable property and provides processing, repair and repair services must pay value-added tax.

B. The tax basis is different: value-added tax is an extra-price tax, while business tax is an internal tax. Therefore, when calculating VAT, you should first convert tax-included income into tax-exclusive income, that is, the income for calculating VAT should be tax-exclusive income. The business tax is simply the income multiplied by the tax rate.