Ministry of Finance? Attachment 1 Implementation Measures for the Pilot Project of Changing Business Tax to VAT in State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) (Caishui [2016] No.36);
Article 15 VAT rate:
(a) taxpayers engaged in taxable activities, the tax rate is 6%, except as stipulated in items (2), (3) and (4) of this article.
(2) Providing transportation, postal services, basic telecommunications, construction and real estate leasing services, selling real estate and transferring land use rights at the tax rate of 1 1%.
(3) Providing tangible movable property leasing services at the tax rate of 17%.
Generally, tax can be calculated according to the VAT deduction method, using both VAT rate and VAT deduction rate. The current value-added tax adopts the product proportional tax rate, which is divided into 8%, 12%, 14%, 16%, 18%, 20%, 2 1%, 23%, 26% and 30. The tax rates of most products are determined by conversion on the basis of the original industrial and commercial tax and product tax, and the tax rates of some products are appropriately adjusted on the basis of the original tax.
According to the basic principle of determining the value-added tax rate, China's value-added tax has set a basic tax rate and a low tax rate in addition to zero tax rate for export goods.
(1) basic tax rate
Taxpayers selling or importing goods other than those listed above have a tax rate of 16%[3] and provide processing, repair and replacement services at a tax rate of 16%[3], which is commonly referred to as the basic tax rate.
(2) Low tax rate
Taxpayers selling or importing the following goods have a tax rate of 10%. This tax rate is usually called low tax rate.
1. cereals and edible vegetable oils.
2. Tap water, heating, cold water and hot water; Coal gas, liquefied petroleum gas, natural gas, biogas, residential coal products.
3. Books, newspapers and magazines.
4. Feed, fertilizer, pesticide, agricultural machinery, plastic film.
5. Agricultural products.
6. Metal ore mining and mineral processing products.
7. Non-metallic mineral mining and dressing products.
8. Audio-visual products and electronic publications (from 1, since 2007).
9. Dimethyl ether (since July 2008 1 day) and salt (since September 2007 1 day).
10. Other goods specified by the State Council.
Baidu Encyclopedia-VAT rate