The Cost Of Tax Is Reduced.

Since 2002, production enterprises have been carrying out the "exemption, offset and refund" tax method, and enterprises have gained the benefits of reducing capital occupation and reducing costs.

However, some enterprises failed to make good use of this policy.

At present, there are two ways to export goods, namely, self operated (commissioned) export and foreign trade buyout. Of course, there are two different ways of tax rebate, so the tax burden will be very different.

Taxpayers should, in their own circumstances, adopt export modes with low tax burden and export tax rebates as far as possible.

The export tax of foreign trade enterprises should be refunded. According to the calculation of the input tax, the specific formula is: the amount of tax payable should be: the amount of goods purchased * the tax rebate rate.

The company adopts the weighted average price accounting method for the export goods inventory account and sales account: the amount of export tax should be equal to the quantity of exported goods * the weighted average price, the tax rebate rate.

In order to buy out the contract, the production enterprises entrust foreign trade export enterprises to declare their exports. In accordance with the foreign exchange earnings, foreign trade enterprises buy foreign exchange quotas (including tax) and convert them into Renminbi. The production enterprises calculate the sales volume according to the amount of foreign currency in the export contract by buying the amount of foreign exchange quotas, issue special invoices for value-added tax and special payment books for export goods, and export tax rebates for export enterprises.

The income earned by foreign trade export enterprises is the difference between bank foreign currency settlement amount, tax rebate and buyout amount.

The formula for calculating "exemption, offset or refund" for the export tax refund of self employed (commissioned) export enterprises is: the amount of tax payable should be the tax rebate rate of the export price of the exported goods (the tax rebate should be less than the value added tax at the end of the value added tax), or the tax refund should be the tax at the end of the value added tax period (the amount of tax payable > the value added tax at the end of the value-added tax period).

An example is analyzed as follows: the export sales income of a manufacturing enterprise in 2002 is 5 million US dollars (FOB price), the cost of export and sales is 27 million yuan, the input tax is 3 million 400 thousand yuan, the cost is 3 million 200 thousand yuan, the bank dollar price is 1: 8.27, the value-added tax rate 17%, the tax rebate rate 15%, the income tax rate 33%, the buyout foreign exchange price 1: 9.35.

Assuming that domestic revenue, profit and loss and expenses are not considered, the impact of value-added tax and tax refund on production enterprises is analyzed from two export modes.

The company adopts a self export mode: Profit = sales income * bank foreign exchange price - sales cost - cost (sales income * bank foreign exchange rate) = tax refund rate difference = 1032.3 (10000 yuan); tax exemption and refund tax = export income * foreign exchange rate of bank * export tax rebate tax rate = 620.25 (10000 yuan); Xun Ying should be added value tax = sales revenue * bank foreign exchange card price * levy tax rate difference - value added tax input tax = = 257.3 (10000 yuan); export tax refund = 257.3 (10000 yuan);

We should take out the way of export: Profit = export income * buyout of foreign exchange price / (1 + VAT rate) - cost of sales = 975.73 (10000 yuan); value added tax = export income x buyout foreign exchange price / (1 + value-added tax rate) * value added tax rate - value added tax input tax = 339.27 (10000 yuan); Xun Ying income tax = 3 million 219 thousand and 900 yuan.

According to the above calculations, we can see that the self export mode has better economic benefits. Therefore, if an enterprise has the right to export operation, it should choose to export itself.

If the enterprises do not have the right to export operation, or if the enterprises are short of funds and are not familiar with the operation of the tax refund policy, they should choose to buy out the export mode.

In the buyout of export business, the determination of buyout rate is very critical, and there is an upper limit for the purchase price of foreign exchange, which is higher than the upper limit, and foreign trade enterprises will lose money and the paction can not be reached.

How to calculate the buyout price?

If the economic benefits of the two parties are equal, there is a formula: "buyout" is the buyout of foreign exchange price = [(1 + tax rate) / (1 + tax rate - export tax rebate rate)] * the national foreign exchange quotation price, the two sides calculate a profit and loss critical point according to this formula.

Production enterprises should strive to get close to the upper limit of foreign exchange quotas, while foreign trade enterprises can not reach this limit, so that both sides can achieve benefits.

If the value added tax rate is the same as the export tax rebate rate, the maximum value of foreign exchange will be bought out.

In the above case, the upper limit for buying foreign exchange quotas is [1.17/ (1. 17% to 15%) x 8.27 = 9.49 (yuan)), so the original 9.35 buyout exchange rate is acceptable to both parties.

A reasonable choice of the way of declaration is that the production enterprises that have both export earnings and domestic income can submit documents through the overall planning, thereby affecting the current tax payable and tax refund.

According to the regulations, the production enterprise has not collected the certificate of export refund (Exemption) since it has been exported for more than six months, or has not declared the procedures of exemption, offset and refund to the competent state tax authorities.

Therefore, when exporting enterprises pay tax accounts, they can make use of the "six months" period and the policy of uneven documents, and do not participate in the calculation of tax deduction.

We should adjust the current amount of tax payable and the amount of tax refund by way of overall reporting of documents.

例如：　　2002年8月份，某公司出口銷售收入3000萬元，內銷收入2000萬元，上期留抵進項稅額100萬元，進項稅額800萬元：9月份內銷收入4000萬元，進項稅額200萬元，假設8月份單證當月全部收齊，征、退稅率均為17％，二種辦法計算如下：　　采用收齊單證全部報送方式：8月份“免、抵、退”稅額＝3000×17％＝510（萬　　元）；　　8月份應納稅額＝2000×17％－（100＋800）＝－560（萬元）；　　8月份應退稅額＝510（萬元）；　　8月份留抵稅額＝560－510＝50（萬元）；　　9月份應納稅額＝4000×17％－200－50＝430（萬元）。

In the form of an overall plan to submit documents, it is assumed that the amount of tax exemption, offset and refund in August is 600 x 17% = 102 (10000 yuan) (6 million yuan), and the tax payable in August is 340 - (100 + 800) = 560 (10000 yuan); the tax refund amount in August should be 102 (10000 yuan); the tax allowance in August is 458 ($10000); the tax payable in September = 6 million, 458 = 600 = $(10000 yuan).

We can see that because of the way of controlling the document delivery, the tax payable of the second schemes is less than 4 million 80 thousand yuan for the first schemes, and the tax refund should be 4 million 80 thousand yuan less than the first schemes.

On the basis of the total amount of tax rebates, the two are equal, but due to the insufficiency of the national tax rebate index, the tax refund for the first schemes will take a long time to get, and the additional tax burden should be added to the education fee. Therefore, second options should be chosen.