Business tax calculation method: Business tax payable = business income × applicable tax rate.
1. Business tax is paid based on business income 5: Business tax payable = 200 million yuan × 5 = 10 million yuan
2. Urban construction tax is paid based on business tax 7 paid: Payable The urban construction tax = 10 million yuan × 7 = 700,000 yuan
3. The education surcharge shall be paid according to the business tax 3; the education surtax payable = 10 million yuan × 3 = 300,000 yuan
4. The local education surcharge is paid based on the business tax paid2; the local education surcharge payable = 10 million yuan × 2 = 200,000 yuan
Financial insurance industry, service industry A tax rate of 5% is applicable to the transfer of intangible assets and the sale of real estate, and a tax rate of 5 to 20 is applicable to the entertainment industry;
Business tax (Business tax) is applicable to the provision of taxable services, transfer of intangible assets, or sale of real estate within China. A tax levied on units and individuals on their turnover. Business tax is a major tax in the turnover tax system. On November 17, 2011, the Ministry of Finance and the State Administration of Taxation officially announced the pilot plan for replacing business tax with value-added tax.
On October 30, 2017, the State Council executive meeting passed the "State Council's Provisions on Abolition of the "Interim Regulations of the People's Republic of China on Business Tax" and Amending the "Interim Regulations of the People's Republic of China on Value-Added Tax" Decision (Draft)" marks the official withdrawal of the business tax that has been implemented for more than 60 years from the stage of history.
The tax rate classification of business tax is as follows:
1. The tax rate for the transportation industry is 3, and the collection scope includes land transportation, water transportation, air transportation, pipeline transportation, and loading and unloading. .
2. The tax rate for the construction engineering industry is 3, and the scope of taxation includes construction, installation, repair, decoration and other engineering operations.
3. The tax rate for the financial and insurance industry is 5, and the scope of taxation includes finance and insurance.
4. The tax rate for the postal and telecommunications industry is 3, and the tax scope is postal and telecommunications.
5. The tax rate for the cultural and sports industry is 3, and the scope of taxation includes two aspects: one is performances, broadcasts, other cultural industries, and operating tourist venues in the cultural industry; second, various competitions organized by the sports industry and businesses that provide venues for sporting events or events.
6. The tax rate for the entertainment and leisure industry is 20, and the tax scope includes karaoke halls, dance halls, karaoke dance halls (including nightclubs, karaoke rooms), music cafes (including bars), Internet cafes, golf, and entertainment (Such as shooting, hunting, horse racing, arcade games, bungee jumping, go-karts, hot air balloons, paramotors, archery, darts).
7. The tax rate for the advertising service industry is 5, and the scope of taxation includes the agency industry, hotel industry, catering industry, tourism, warehousing industry, leasing industry, advertising business and other service industries.
8. The tax rate for the transfer of intangible assets is 5, and the scope of taxation includes the transfer of land use rights, patent rights, non-patented technology, trademark rights, copyrights, and goodwill.
9. The tax rate for the sale of real estate is 5, and the scope of taxation includes the sale of buildings and other land attachments.
Extended information:
Business tax pilot plan: The Ministry of Finance and the State Administration of Taxation officially announced the pilot plan for replacing business tax with value-added tax on November 17, 2011.
According to the pilot plan, the main tax system arrangements for the reform pilot are:
First, on the basis of the current VAT standard rate of 17 and the low VAT rate of 13, two new tax brackets 11 and 6 will be added Low tax rate. A tax rate of 17 is applicable to the leasing of tangible movable properties, a tax rate of 11 is applicable to the transportation and construction industries, and a tax rate of 6 is applicable to some other modern service industries.
Second, in principle, the general tax calculation method of value-added tax applies to the transportation industry, construction industry, postal and telecommunications industry, modern service industry, culture and sports industry, sales of real estate and transfer of intangible assets. In principle, the simplified VAT calculation method applies to the financial insurance industry and the daily service industry.
Third, the basis for tax calculation. In principle, the basis for taxpayers to calculate tax is all income obtained from taxable transactions.
For some industries where there is a large amount of collection, transfer or advance of funds, the amount collected and advanced can be reasonably deducted.
Fourth, import and export of service trade. Value-added tax is levied on imports of service trade at the domestic level, and zero-rating or tax-free systems are implemented on exports.
Reference materials:
Baidu Encyclopedia-Business Tax