Urban construction tax, education surcharge and local surcharge are all levied on the basis of value-added tax, totaling 12%.
Additional tax payable = VAT payable × 12
The nested formula is: VAT payable = 50000 ÷ (1+3%) × 3% =1545.
Additional tax payable =1545×12% =185.4
Total = VAT payable+surcharge payable =1545+185.4 =1730.4.
Legal basis: People's Republic of China (PRC) Tax Collection and Management Law.
Article 61
If the withholding agent fails to set up and keep the account books of withholding and collecting taxes or keep the accounting vouchers and relevant materials of withholding and collecting taxes in accordance with the regulations, the tax authorities shall order it to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of not less than two thousand yuan but not more than five thousand yuan shall be imposed.
Taxes in taxes refer to some taxes levied on the basis of the prices of value-added tax, business tax and income tax (of course, a company cannot pay three taxes at the same time). There are three kinds of taxes: 1 urban and rural construction tax, 2 education fees plus 3 stamp duty. : 1. What is VAT?
Value-added tax is a turnover tax levied according to the value-added tax generated by goods (including taxable services) in circulation. From the tax principle, value-added tax is a turnover tax levied on the added value of many links such as commodity production, circulation and labor services or the added value of commodities. The collection of value-added tax is borne by consumers. Only when there is value-added can tax be levied. If there is no value-added, there is no tax.
Value-added tax is a tax levied on units and individuals who sell goods or provide processing, repair and replacement services and import goods. VAT has become one of the most important taxes in China. Value-added tax revenue accounts for more than 60% of all tax revenue in China, which is the largest tax revenue. VAT is levied by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC). 75% of the tax revenue comes from the central government and 25% from local governments. Import value-added tax is collected by the customs, and all the taxes are the central fiscal revenue.
Since July, 20 17 and 1 year, the relevant policies on VAT refund rate have been formally implemented. The 13% tax rate applicable to the original goods sold or imported has all been reduced to 1 1%. This adjustment involves 23 categories such as agricultural products, natural gas, salt and books. On March 28th, 20 18, the executive meeting of the State Council decided to reduce the value-added tax rate of manufacturing and other industries from 17% to 16%, and the value-added tax rate of transportation, construction, basic telecommunications services and agricultural products from 1 1% to/kloc-. Since May, 2065438 1 20th 1 9th April130th, the taxable sales behavior of general VAT taxpayers, the tax rate of imported goods, and the tax refund rate of overseas tourists' shopping departure tax refund items have all declined to varying degrees.