What taxes do you need to pay for inter-enterprise loans?
(1) Due to business dealings between enterprises, sometimes funds are insufficient, so it is easy to borrow from each other. At this time, many financial personnel are very upset. What taxes do these loans need to pay?
According to Item (5) of Article 1 of the Notes on Sales Services, Intangible Assets and Real Estate in Annex I of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Comprehensively Promoting the Pilot Project of Changing Business Tax to VAT (Caishui [2065438+06] No.36), loan refers to the business activity of lending funds to others to obtain interest income.
(2) various incomes from occupying and borrowing funds, including interest income (capital preservation income, remuneration, capital occupation fee, compensation, etc.). During the holding period of financial commodities, interest income from credit card overdraft, interest income from buying and selling financial commodities, interest income from margin financing and securities lending, leaseback after financing, bill negotiation, penalty interest, bill discount, borrowing and other interest and interest income.
According to the provisions of Article 14, the following situations are regarded as the sale of labor services, intangible assets or real estate:
(1) Units or individual industrial and commercial households provide services to other units or individuals free of charge, except those used for public welfare undertakings or for the public.
(2) Units or individuals transfer intangible assets or immovable property to other units or individuals without compensation, except for those used for public welfare undertakings or for the public.
(3) Other circumstances stipulated by the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China.
According to the above regulations, enterprises need to calculate and pay value-added tax, urban maintenance and construction tax, education surcharge, local education surcharge and enterprise income tax when providing loan services.