According to the provisions of Annex 3 of the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Comprehensively Promoting the Pilot Project of Changing Business Tax to VAT (Caishui [2065438+06] No.36), the following items are exempt from VAT:
1. Technology transfer and technology development refer to the business activities within the scope of "technology transfer" and "research and development services" in the notes on sales and services, intangible assets and real estate. Technical consultation refers to the business activities of providing feasibility study, technical forecast, special technical research, analysis and evaluation report for specific technical projects.
2. Filing procedures. When applying for exemption from value-added tax, a pilot taxpayer shall submit a written contract for technology transfer and development to the provincial administrative department of science and technology where the taxpayer is located, and submit the relevant written contract and the supporting documents of the examination and approval opinions of the administrative department of science and technology to the competent tax authorities for reference.
What are the VAT calculation formulas?
The calculation formula of value-added tax is: tax payable = current output tax-current input tax. Output tax calculation formula: output tax = sales amount × tax rate. If the taxable sales price of the taxpayer is obviously low without justifiable reasons, the sales amount shall be verified by the competent tax authorities.