The state implements the preferential tax policy of "refund on demand" for taxpayers who provide tangible movable property financing lease service and tangible movable property financing after-sale lease service, and "refund on demand" for the part with the actual VAT tax burden exceeding 3%.
Second, pay the property tax:
If the financial leasing business involves real estate, it also needs to pay property tax. The lessee shall pay the property tax according to the residual value of the property from the month following the start date agreed in the financial lease contract. If there is no agreed start and end date in the contract, the lessee shall pay the property tax according to the residual value of the property from the month following the signing of the contract.
Three. Payment of deed tax:
Since the ownership of the property still belongs to the lessor during the financial lease period and the ownership of the property has not been transferred, there is no need to pay the deed tax on the property during the financial lease period. However, after the expiration of the financial lease, if the lessee purchases a house and the ownership of the house is transferred, the lessee shall pay the deed tax according to the regulations.
For the special sale and leaseback business, the ownership of houses and land is transferred at the time of sale, and it is necessary to pay taxes according to regulations. Upon the expiration of the leaseback contract, if the lessee repurchases the original house and land ownership, the deed tax shall be exempted.
Four. Payment of stamp duty:
For the financial leasing contract signed for the development of financial leasing business, the total rent specified in it shall be stamped at the tax rate of 0.5% according to the tax item of "loan contract".
In the financing sale and leaseback business, stamp duty is not levied on the contract signed by the lessee and the lessor to sell and repurchase the leased assets.
Verb (abbreviation of verb) pays enterprise income tax:
Fixed assets leased by financing shall be taxed on the basis of the total payment agreed in the lease contract and the relevant expenses incurred by the lessee in the process of signing the lease contract; If the lease contract does not stipulate the total payment, the fair value of the assets and the relevant expenses incurred by the lessee in the process of signing the lease contract shall be the tax basis. In accounting, the lower of the fair value of the leased assets on the lease start date and the present value of the minimum lease payment is taken as the recorded value of the leased assets. The resulting tax differences need to be adjusted.
In the financing sale and leaseback business, the sale of assets by the lessee is not recognized as sales income, and the depreciation of assets under the financial lease is still based on the book value of the lessee before the sale as the tax basis. The interest generated by financial leasing is deducted before tax as the financial expenses of the enterprise.