Extended data
The Detailed Rules for the Implementation of the Provisional Regulations on Value-added Tax stipulates that goods refer to tangible movable property, including electricity, heat and gas. However, software products can be regarded as a special case, that is, although software products have no entity and are not tangible movable property, they have to pay VAT.
The Notice on Tax Policy Issues Concerning Encouraging the Development of Software Industry and Integrated Circuit Industry (Caishui [2000] No.25) stipulates that from June 24, 2000 to the end of 20 10, general VAT taxpayers will collect VAT at the statutory rate of 17% and immediately according to the actual VAT burden.
In other words, software products are VAT taxable items, not business tax taxable items, so special VAT invoices can be issued.
Based on the above analysis, the purchaser of financial software products has the right to legally copy software works, and this software product is the object of VAT taxation. In addition, the software product does not fall within the scope of the output tax deduction stipulated in the Provisional Regulations on Value-added Tax. Therefore, as long as the special VAT invoice is obtained, it can be deducted according to the input tax amount indicated on the special VAT invoice. ?
References:
China government rule of law information network-People's Republic of China (PRC) provisional regulations on value-added tax