The so-called tax-inclusive price refers to the tax-inclusive price, which is mainly used to calculate the tax-inclusive price and tax of goods and taxable services when taxpayers obtain special VAT invoices or sign contracts. The "tax" in the tax-included price generally refers to the value-added tax, which belongs to the extra-price tax and is a turnover tax levied on the basis of the value-added amount of goods and taxable services in the circulation process.
The tax-included price includes value-added tax, which is the retail price. Some goods subject to consumption tax include consumption tax in addition to value-added tax, but do not include out-of-price expenses, such as packaging fees and handling fees. The amount on the ordinary invoice issued by the seller is the price including tax, while the value-added tax on the special invoice is the price excluding tax because the value-added tax is listed separately. Under normal circumstances, retail, sales to small-scale and individual taxpayers, overcharged money together, and goods packaging deposit are all tax-inclusive prices.
According to the different deduction methods of purchased fixed assets, value-added tax can be divided into:
Productive VAT:
Productive value-added tax means that when collecting value-added tax, only the part of the means of production belonging to non-fixed assets can be deducted, and the tax included in the value of fixed assets is not allowed to be deducted. The tax object of this kind of value-added tax is roughly equivalent to GDP, so it is called production value-added tax.
Income-based VAT:
Income-based value-added tax means that when collecting value-added tax, only the tax included in the depreciation part of fixed assets is allowed to be deducted, and the depreciation part is not included in the deduction. The tax object of this kind of value-added tax is roughly equivalent to national income, so it is called income-based value-added tax.
Legal basis: Article 3 of the Individual Income Tax Law of People's Republic of China (PRC).
Personal income tax rate:
(1) For comprehensive income, the excess progressive tax rate of 3% to 45% is applicable (the tax rate table is attached);
(2) For operating income, the excess progressive tax rate of 5% to 35% shall apply (the tax rate table is attached);
(3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to the proportional tax rate of 20%.
Article 4
The following personal income shall be exempted from personal income tax:
(a) science, education, technology, culture, health, sports, environmental protection and other aspects of the bonus. Awarded by the provincial people's government, the State Council ministries and commissions, China People's Liberation Army units at or above the military level, foreign organizations and international organizations;
(2) Interest on government bonds and financial bonds issued by the state;
(3) Subsidies and allowances issued in accordance with the unified provisions of the state;
(four) welfare funds, pensions and relief funds;
(5) Insurance compensation.
(6) Demobilized soldiers, demobilization fees and pensions;
(7) Resettlement fees, resignation fees, basic pension or retirement fees, resignation fees and retirement living allowances paid to cadres and workers in accordance with the unified provisions of the state;
(8) Income from diplomatic representatives, consular officials and other personnel of embassies and consulates in China who should be exempted from tax according to relevant laws;
(9) Income exempted from tax as stipulated in international conventions and agreements signed by the Government of China;
(ten) other tax-free income stipulated by the State Council.
The tax exemption provisions in Item 10 of the preceding paragraph shall be reported by the State Council to the NPC Standing Committee for the record.