There are industry regulations.
From May 1 2006, China will comprehensively push forward the pilot project of "reform of the camp", and the relevant preparations have entered the final countdown. Since March 23rd, the Ministry of Finance and State Taxation Administration of The People's Republic of China have successively issued a number of tax documents and tax announcements, clarifying the tax policies and collection and management matters related to the pilot reform of business tax to value-added tax. After the reform of the camp, some items with different taxes under the original business tax are still retained, which are summarized as follows:
1, transfer of financial commodities
Sales = sales price-purchase price
Special VAT invoices (hereinafter referred to as special invoices) may not be issued, and ordinary VAT invoices (hereinafter referred to as ordinary invoices) may be issued.
2. Brokerage agency services
Sales amount = the total price obtained and extra-price expenses-government funds or administrative fees collected from the entrusting party and paid on its behalf.
As part of the difference deduction (that is, government funds or administrative fees charged to the entrusting party), special tickets may not be issued, but ordinary tickets may be issued. The rest can be issued special tickets.
Government funds or administrative fees collected on behalf of other industries that meet the prescribed conditions, as well as the money collected on behalf of the entrusting party by issuing invoices in the name of the entrusting party, do not belong to the category of out-of-price expenses.
3. Financial leasing business
Sales amount = the total price obtained and other expenses-loan interest paid (including foreign exchange loan and RMB loan interest), bond issuance interest and vehicle purchase tax.
Special tickets can be issued in full.
4. Financing sale and leaseback service
Sales amount = the total price obtained and the extra-price expenses (excluding the principal)-loan interest paid to the outside world (including foreign exchange loan and RMB loan interest) and bond issuance interest.
Special tickets can be issued for all out-of-price expenses (excluding principal).
However, after May 1 day, 2006, financing, sale and leaseback are loan services, and the input tax of loan services accepted by taxpayers shall not be deducted.
5. Financing sale and leaseback service of original tangible movable property.
According to the Tangible Movable Property Financing Sale and Leaseback Contract signed before April 30, 20 16, the sales of tangible movable property financing sale and leaseback services provided before the expiration of the contract can be calculated by one of the following methods:
(1) Sales amount = the total amount of the price collected and the extra-price expenses-the principal of the price collected from the lessee, the loan interest paid to the outside (including foreign exchange loan and RMB loan interest), and the interest on issuing bonds.
The principal of the tangible movable property price charged to the lessee may be issued with ordinary tickets instead of special tickets. The rest can be issued special tickets.
(2) Sales amount = total price and out-of-price expenses-loan interest paid (including foreign exchange loan and RMB loan interest) and bond issuance interest.
6. Air transport enterprises
Sales amount = total price and extra-price fees charged-airport construction fees charged and the price charged and transferred for selling air tickets to other air transport enterprises.
Taxpayers who accept passenger transport services shall not deduct their input tax.
7. Passenger station service
Sales amount = total price charged and out-of-price charges-freight paid to the carrier
Taxpayers who accept passenger transport services shall not deduct their input tax.
8. Tourism services
Sales amount = total price and extra-price fees-accommodation fees, catering fees, transportation fees, visa fees, tickets fees paid to other units or individuals from buyers of tourism services, and travel expenses paid to other travel companies.
For the pilot taxpayers who choose the above method to calculate sales, after deducting the difference (that is, the above fees charged and paid to the buyers of tourism services), special tickets may not be issued, but ordinary tickets may be issued. The rest can be issued special tickets.
If the differential tax is not selected for the provision of tourism services, a special ticket can be issued for all the extra expenses obtained, and the input tax can be deducted by the legal tax deduction certificate.
9, the application of simple tax method of construction services
Sales amount = total price charged and out-of-price expenses-subcontracting payment.
Special tickets can be issued in full.
10, the general taxpayers in real estate development enterprises sell the real estate projects they develop, and the general tax calculation method is applicable.
Sales amount = total price charged and extra-price fees-land price paid to government departments when land is transferred.
Special tickets can be issued in full.
1 1. Second-hand housing sales services (including general taxpayers, small-scale taxpayers and natural persons) are subject to simple tax calculation methods.
Sales amount = total price charged and out-of-price expenses-the original purchase price of the real estate or the pricing when the real estate is acquired.
Special tickets can be issued in full.
12. Telecom enterprises accept donations to non-profit organizations.
Sales = total price and out-of-price charges-donations to non-profit organizations
After deducting the difference (that is, accepting donations), special tickets may not be issued, but ordinary tickets may be issued. The rest can be issued special tickets.
It should be reminded that taxpayers who meet the conditions of differential tax payment should apply to the competent national tax authorities for filing after May of 20 16 and 1 year, and before the first declaration of differential tax payment.