Specifically, the calculation formula of value-added tax is: tax payable = sales volume multiplied by tax rate. Before the reform of the camp, value-added tax was an in-price tax, that is, the price of goods or services included value-added tax. Therefore, when calculating the value-added tax, it is necessary to multiply the sales amount by the applicable tax rate to get the taxable amount.
Before the reform of the camp, enterprises need to correctly calculate and declare value-added tax in accordance with the provisions of the tax law. The specific steps include:
1. Determine the sales volume: determine the sales volume of goods or services according to the sales records and contracts of the enterprise.
2. Determine the tax rate: determine the applicable tax rate according to the provisions of the tax law and the actual situation of the enterprise.
3. Calculate the tax payable: multiply the sales amount by the tax rate to get the tax payable.
4. Declare VAT: declare the tax payable to the tax authorities and pay the corresponding taxes.
To sum up, before the reform of the camp, the calculation basis of value-added tax is the sales of goods or services and the applicable tax rate. Enterprises need to correctly calculate and declare value-added tax in accordance with the provisions of the tax law to ensure the accuracy and compliance of financial statements.
Legal basis:
Provisional Regulations of People's Republic of China (PRC) Municipality on Value-added Tax
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Time when VAT liabilities occur:
Taxable sales occur on the day when the sales money is received or the evidence for claiming the sales money is obtained; If the invoice is issued first, it is the day of invoice issuance.
For imported goods, it is the day of customs declaration and import.
The time when the VAT withholding obligation occurs is the day when the taxpayer's VAT payment obligation occurs.