Is there any tax in Zhong Da cloth wholesale market?
Guangzhou Zhong Da cloth wholesale market has tax. The invoices in the wholesale market are all VAT invoices, not business tax invoices, and the competent tax authority is State Taxation Administration of The People's Republic of China. There are two ways to calculate the value-added tax: one is to pay the tax according to the value-added amount, with the tax rate of 17%, and pay 0.85 yuan to earn 5 yuan; The second is quota invoice, which is charged according to the actual sales price and the tax rate is 3%.