Legal basis: Announcement of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Issues Related to Exemption of Small and Micro Enterprises from Value-added Tax and Business Tax is based on the Provisional Regulations of People's Republic of China (PRC) on Value-added Tax and its implementing rules, the Provisional Regulations of the People's Republic of China on Business Tax and its implementing rules. Notice of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China of the Ministry of Finance on Temporary Exemption of Some Small and Micro Enterprises from VAT and Business Tax (Caishui [2065438+. Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Further Supporting the Policies of VAT and Business Tax for Small and Micro Enterprises) (Caishui [2014] No.71), relevant issues concerning exemption of small and micro enterprises are hereby announced as follows:
1. Small-scale VAT taxpayers and business tax taxpayers whose monthly sales or turnover does not exceed 30,000 yuan (including 30,000 yuan, the same below) shall be exempted from VAT or business tax in accordance with the provisions of the above documents. Among them, small-scale VAT taxpayers and business tax taxpayers whose tax payment period is 1 quarter and their quarterly sales or turnover does not exceed 90,000 yuan shall be exempted from VAT or business tax according to the above documents.
Second, small-scale VAT taxpayers engaged in business tax taxable items should separately calculate the sales of VAT taxable items and the turnover of business tax taxable items. If the monthly sales amount does not exceed 30,000 yuan (90,000 yuan is paid quarterly), the value-added tax shall be exempted; If the monthly turnover does not exceed 30,000 yuan (90,000 yuan is paid quarterly), the business tax shall be exempted.
3. If the monthly sales of small-scale VAT taxpayers do not exceed 30,000 yuan (90,000 yuan is paid quarterly), the tax paid in the current period due to the issuance of special VAT invoices (including special VAT invoices for cargo transportation) can be refunded to the competent tax authorities after all the special invoices are recovered repeatedly or red special invoices are issued according to regulations.
IV. This announcement shall come into force as of 20 14 10/0. The Announcement of State Taxation Administration of The People's Republic of China on Issues Related to Temporary Exemption of Some Small and Micro Enterprises from VAT and Business Tax Policies (State Taxation Administration of The People's Republic of China Announcement No.2013 No.49) and the Reply of State Taxation Administration of The People's Republic of China on Issues Related to Adjusting the VAT Threshold (Guoshuihan [2003]1396) shall be abolished at the same time.