Individual industrial and commercial households have to pay taxes on their annual income of 6,543,800+0,000. There are three tax systems for individual industrial and commercial households to pay taxes: the tax levied by auditing accounts; Regular quota collection; Approved collection. The taxable income of individual industrial and commercial households collected by auditing accounts is the balance of the total income of each tax year after deducting expenses and losses allowed to be made up in previous years.

Legal objectivity:

Regulations on individual industrial and commercial households

Article 17

After obtaining a business license, individual industrial and commercial households shall go through tax registration according to law.

Where the contents of the tax registration of individual industrial and commercial households change, the tax registration shall be changed or cancelled according to law.

Regulations on individual industrial and commercial households

Article 20

Individual industrial and commercial households may, with their business licenses and tax registration certificates, open accounts in banks or other financial institutions according to law and apply for loans.

Financial institutions should improve and perfect financial services to facilitate individual industrial and commercial households to apply for loans.