Value-added tax reduction and exemption policy refers to three types of tax reduction and exemption policies: tax base reduction, tax rate reduction and tax amount reduction. The details are as follows:
1. Tax-based reduction and exemption, which is a tax reduction and exemption achieved by directly narrowing the basis for tax calculation. Specifically, it includes the threshold, exemption amount, project deductions and inter-temporal carryover, etc.;
2. Tax rate reduction and exemption, that is, tax reduction and exemption by directly reducing the tax rate. Specifically, it includes re-determining the tax rate, selecting other tax rates, zero tax rate, etc.;
3. Tax reduction and exemption, that is, tax reduction and exemption by directly reducing the amount of tax payable. Specifically, it includes full exemption, halved tax reduction, approved tax reduction rate, tax credit and additional tax reduction, etc.
Value-added tax scope
1. Sales and import of goods: Goods: refers to tangible movable property, including electricity, heat, and gas.
2. Sales of intangible assets refers to sales of technology (including patented technology and non-patented technology), trademarks, copyrights, and goodwill; natural resource use rights, including land use rights, sea area use rights, and exploration rights. , mining rights, water abstraction rights and other natural resource use rights; other equity intangible assets.
3. The sale of real estate refers to the sale of buildings; structures, including roads, bridges, tunnels, dams and other constructions; when transferring buildings and structures, the right to use the land they occupy is also transferred , pay value-added tax according to the sale of real estate.
4. Sales, processing, repair and repair services:
(1) Processing refers to the processing of goods on an entrusted basis, that is, the entrusting party provides raw materials and main materials, and the entrusted party follows the entrusting party's requirements , the business of manufacturing goods and charging processing fees.
(2) Repair and repair refers to the business of being entrusted to repair damaged and lost-function goods to restore them to their original condition and functions.
5. Sales services: transportation services, postal services, telecommunications services, construction services, financial services, modern services, and life services.
6. Deemed sales:
(1) Consignment business; taxpayers with two or more institutions and implementing unified accounting transfer goods from one institution to other institutions for use Sales;
(2) Taxpayers use self-produced or entrusted processing goods for collective welfare, personal consumption, investment, distribution, and gifts; taxpayers use purchased goods for investment, distribution, and gifts .
Legal basis:
"Provisional Regulations of the People's Republic of China on Value-Added Tax"
Article 15 stipulates that the following 7 items are exempt from value-added tax Tax:
1. Self-produced agricultural products sold by agricultural producers;
2. Contraceptives and appliances;
3. Old books;
4. Imported instruments and equipment directly used for scientific research, scientific experiments and teaching;
5. Imported materials and equipment provided with free assistance from foreign governments and international organizations;
6. Articles for persons with disabilities are directly imported by organizations of persons with disabilities;
7. Used items sold by oneself.
Except for the provisions of the preceding paragraph, VAT exemption and tax reduction items shall be stipulated by the State Council. No region or department may stipulate tax exemption or tax reduction items.