Notice on the management issues related to the simple collection policy of value-added tax

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Guoshuihan [2009] No.90

Date of writing: February 25, 2009

Font: large, medium and small

The State Taxation Bureau of all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning:

The Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on the Application of Low VAT Rate and Simple Collection Policy to Some Goods (Caishui [2009] No.9) stipulates that the simple collection policy of VAT will continue to be applied to some projects. Through research, the relevant issues of value-added tax management are hereby clarified as follows:

I. Taxpayers sell their used fixed assets.

(1) For ordinary taxpayers selling their used fixed assets, according to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Several Issues Concerning the Reform of VAT Transition Countries (Caishui [2008] 170) and Caishui [2009] No.9, if the policy of halving VAT is applicable, ordinary invoices shall be issued, and special invoices for VAT shall not be issued.

(2) Small-scale taxpayers selling their used fixed assets shall issue ordinary invoices, and the tax authorities shall not issue special VAT invoices on their behalf.

2. Taxpayers selling secondhand goods shall issue ordinary invoices, and shall not issue special VAT invoices by themselves or by the tax authorities.

Three, the general taxpayer sales applicable to the goods stipulated in Article 2 (3), (4) and Article 3 of Document No.9 of Caishui [2009], can issue special VAT invoices by themselves.

Four, about sales and taxes payable.

(1) If ordinary taxpayers sell their old goods and secondhand goods and apply the simple method of halving the value-added tax policy, their sales amount and tax payable shall be calculated according to the following formula:

Sales = sales including tax /( 1+4%)

Taxable amount = sales ×4%/2

(two) small-scale taxpayers to sell their used fixed assets and secondhand goods, according to the following formula to determine the sales volume and tax payable:

Sales = sales including tax /( 1+3%)

Taxable amount = sales ×2%

Five, small-scale taxpayers to sell their used fixed assets and second-hand goods, the tax-free sales fill in the "VAT tax return (applicable to small-scale taxpayers)" column 4, the use of tax-controlled bills issued by the ordinary invoice tax-free sales fill in column 5.

VI. This Notice shall be implemented as of June 1 2009. Item (2) of Article 2 of the Notice of State Taxation Administration of The People's Republic of China Municipality on Adjusting the Relevant Matters of VAT Tax Declaration (Guoshuihan [2008]1075) shall be abolished at the same time.

State Administration of Taxation (SAT)

February 25, 2009?

Notice on the payment of project expenditure funds before the departmental budget is approved

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Caiku [2009] No.9

Relevant departments of the Central Committee of the Communist Party of China, ministries and agencies directly under the State Council, Armed Police Force, Xinjiang Production and Construction Corps, General Office of the National People's Congress Standing Committee (NPCSC), General Office of Chinese People's Political Consultative Conference, High Court, the Supreme People's Procuratorate, relevant people's organizations and relevant central management enterprises:

The 15th Chairman's Meeting of the 11th the National People's Congress Standing Committee (NPCSC) agreed that before the budget is approved by the National People's Congress, the Ministry of Finance will allocate a certain proportion of project expenditure funds, and after approval, it will be implemented according to the approved budget. According to the spirit of the chairman's meeting, in order to comprehensively promote scientific and refined financial management, do a good job in the allocation of project expenditure funds before budget approval, promote the balanced progress of fiscal expenditure, and improve the efficiency in the use of fiscal funds, relevant matters are hereby notified as follows:

First, before the departmental budget is approved, the project included in the new annual departmental budget can be planned with a budget control number of 1/4 according to the project progress (except for projects with special requirements) and the payment procedures can be handled. When submitting the payment plan, at the same time, the budget unit, project name and project budget of the payment project will be provided to the Budget Management Department of the Ministry of Finance and the Treasury Department for their reference when reviewing the payment plan. If the monthly payment plan of project expenditure is not submitted normally within the specified time, the monthly payment plan of project expenditure in the first quarter can be supplemented according to the project implementation progress and project development. After the departmental budget is approved, if the approved project budget is less than the actual payment, the fund payment and accounting adjustment procedures shall be handled in strict accordance with the approved project budget.

2. According to the relevant provisions of the Notice of the Ministry of Finance on Deepening the Reform of Centralized Treasury Payment by Central Units in 2008 (Caiku [2007] 10 1), 50%, 25% and 25% of the total balance funds at the end of 2009 (single basic budget unit) can't meet the needs. Please

Three, the budget unit should effectively improve the project expenditure budget, strengthen the implementation and management of project expenditure. It is necessary to do a good job in the preparatory work for project declaration and improve the quality of project declaration; In accordance with the relevant provisions and procedural requirements for refining the project expenditure budget, we should do a good job in refining the project budget at the beginning of the year, effectively implement the project expenditure to specific implementation units, and prepare the budget from the most basic budget units. It is necessary to improve the authenticity, completeness and accuracy of the project budget and reduce the adjustment items in the budget implementation. After the beginning of the budget year, we should organize the implementation of the project as soon as possible, and effectively improve the implementation progress of the project expenditure. In accordance with the requirements of the Notice of the Ministry of Finance on Doing a Good Job in the Progress of Budget Implementation (Caiku [2008] No.32), we should continue to strengthen the management of budget implementation, do a good job in the payment of funds, speed up the progress of budget implementation, and improve the efficiency in the use of financial funds.

the Ministry of Finance

2009 1 month 15