According to the purchase and sale contract signed between Company A and Company B, Company A sells its TV sets at the market selling price stipulated by Company B. For every 1 set sold, Company B will return the funds of Company A to 200 yuan and settle the accounts according to the actual sales volume.
Company A sold 2500 TV sets throughout the year and got a refund of 500,000 yuan.
The Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on the Collection of Value-added Tax on Fair Sales (Guo Shui Fa [1997] 167) stipulates: "All general VAT taxpayers, regardless of whether there is fair sales, should calculate the deductible input tax according to the VAT rate of the goods they purchase.
Accordingly, Company A should reduce the input tax by 50 ÷ (1+17%) ×17% = 7.26 (ten thousand yuan).
Because company A sells at the price determined by company B, the output tax is equal to the input tax, so the deducted input tax is the taxable amount of company A. ..
2. If Company A negotiates with Company B to change the income mode and sign a consignment contract, stipulating that Company A will sell the TV sets it produces at the market selling price stipulated by Company B, and Company B will pay the consignment fee 200 yuan to Company A for every/kloc-0 set sold, which will be settled according to the actual sales volume, then the situation will be different.
According to the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Printing and Distributing Notes on Business Tax Items (Trial Draft) (Guo Shui Fa [1993] 149No.), consigned goods belong to the scope of service tax items, specifically referring to the business of consigned goods, which are settled according to actual sales and charged with handling fees.
Accordingly, Company A should pay business tax according to regulations, and the business tax rate of service industry is 5%, so the business tax payable by Company A is = 50× 5% = 25,000 yuan.
Because the output tax is equal to the input tax, Company A does not pay VAT.
Due to the difference between VAT and business tax rates, Company A can save 47,600 yuan by changing the income mode and taxes.