Individuals who buy things can be taxed by issuing company invoices, because they issue company invoices to buy things, which increases the company's expenses. If the company collects through audit, it can deduct tax.
Invoice refers to the business vouchers issued and collected by all units and individuals in buying and selling goods, providing or receiving services and engaging in other business activities. It is the original basis of accounting, and it is also an important basis for law enforcement inspection by audit institutions and tax authorities. Receipt is the proof of receipt and payment, and invoice can only prove that the business has happened, but can't prove whether the money has been received or paid.
The invoice tax deduction rules are as follows:
1. To deduct the input tax, you need advanced certification and fill in the corresponding declaration form;
2. For the special VAT invoices confirmed by certification or verification, the taxpayer shall declare the deduction within the tax declaration period of the next month after certification or verification;
3. The tax generated when purchasing goods can be offset from the output tax. For example, the input tax can be used as a tax deduction for next month. If the output tax is too much, the tax should be paid to the tax authorities.
4. The input tax allowed to be deducted from the output tax includes the value-added tax indicated on the special VAT invoice for purchasing goods or receiving services and the value-added tax indicated on the tax payment certificate for imported goods obtained from the customs;
5. When purchasing agricultural products sold by agricultural producers or purchased from small-scale taxpayers, the input tax can be deducted according to the purchase price multiplied by the deduction rate 13%;
6. Taxpayers can deduct the handling fees, insurance premiums and other miscellaneous fees paid with the freight according to the freight amount listed in the freight invoice, and multiply it by the deduction rate to calculate the input tax deduction;
7. When purchasing duty-free waste materials sold by waste materials recycling business units, the input tax can be deducted by multiplying the amount indicated on the ordinary invoice issued by waste materials recycling business units and supervised by the tax authorities by 10%.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: Article 20 of the Measures for Invoice Management. All units and individuals engaged in production and business activities shall ask the payee for invoices when purchasing goods, receiving services and paying other business expenses. When obtaining the invoice, you are not allowed to change the name and amount. Twenty-first invoices that do not meet the requirements shall not be used as financial reimbursement vouchers, and any unit or individual has the right to refuse to use them.