How to calculate the income of export tax rebate for trade-oriented enterprises?
First of all, for foreign trade companies, when registering a company, they can choose to register as general taxpayers and small-scale taxpayers. Among them, enterprises must have general taxpayer qualifications to be able to get tax refunds, while small-scale taxpayer qualifications cannot obtain tax refunds. Because the country has regulations: the export of goods by small-scale VAT taxpayers is exempt from VAT and consumption tax, and the input tax is not deductible or refundable.
When the foreign trade company is a general taxpayer, the tax refund is generally divided into two cases: one is that the supplier is a general taxpayer enterprise; the other is that the supplier is a small-scale taxpayer enterprise. The difference between the two is that general taxpayer companies can issue special VAT invoices, while small-scale taxpayer companies can only issue ordinary invoices. If a small-scale taxpayer wants to issue a value-added tax invoice, he must ask the tax department to issue it on his behalf.
Let's take a look at the following separately. How is the tax refund income of foreign trade companies in these two situations calculated?
General taxpayer enterprise
The first case is: the foreign trade company purchases from the general taxpayer enterprise and exports the goods approved for tax refund. There are two points to note here: One is the export of goods that are allowed to rebate. Like some scarce resource commodities, the state will restrict the export by not refunding or counter-levying taxes in order to protect resources. Second, when issuing special VAT invoices, try to confirm the product name with the supplier in advance. Avoid the trouble of returning to reopening due to inconsistent product names.
When purchasing from a general taxpayer's factory, the calculation formula for tax refund income is the tax-included RMB price x tax refund rate / 1.17. Generally, there are more types of products of the same purpose, and usually no more than three different tax rebate rates. So we can first calculate the corresponding tax refund income and actual purchase cost based on the products we make. For example, for a product with a 10% tax refund rate, its calculation formula is tax-included pricex0.0854, and the actual cost of the product is tax-included price x 0.9146.
It can be seen that after knowing the tax-included price of the commodity, you can immediately know the actual purchase cost, that is, our product price and cost bottom line, and then consider some of the company's operating costs and management costs, you can quickly estimate reasonable product quotation.
Small scale taxpayer
The second case: the foreign trade company purchases goods approved for tax refund from small-scale taxpayers for export. Similarly, there are two points to note here: First, the main basis for tax refunds is special VAT invoices. Small-scale taxpayers cannot issue VAT invoices, and generally only ordinary invoices. The second is to purchase the following 12 types of export goods from small-scale taxpayers. The country is authorized to refund the tax and can apply for a tax refund with ordinary invoices. The 12 types of export goods specifically refer to drawn work, handicrafts, spice oil, mountain goods, grass and willow bamboo and rattan products, fishnet and fish tools, rosin, gallnut, raw lacquer, mane tail, goat skin, and paper products.
When purchasing goods from a small-scale taxpayer's factory, the tax refund income is divided into two different calculation methods: one is to hold a special invoice for tax refund, the calculation method of the tax refund amount is the sales amount of the ordinary invoice / (1 + collection rate) x 5 % or 6%. Under normal circumstances, the collection rate of ordinary invoices is 3%, and the calculated amount is an ordinary invoice excluding tax. The other is the special value-added tax invoice issued by the tax authority on behalf of the tax refund amount, and calculation method is the value-added tax invoice sales amount x6% or 5%.
The 5% and 6% represent the 5% tax rebate rate if your product code rebate rate is 5%; if it is greater than 5%, the 6% rebate rate will be calculated.