Tax Saving Strategies In Entertainment Industry

The key to tax savings in entertainment business is turnover.

The turnover of the entertainment industry is to charge customers' fees.

Such as admission fees, table fees, song fees, cigarettes, liquor, beverage charges, flower fees and so on, these various charges can hardly be accounted for. Therefore, the essence of tax saving in entertainment industry is to reduce the turnover of entertainment industry through hazy gray fees, and at the same time, use the magnitude tax rate to obtain the flexibility of tax authorities' levy and management, so as to make the entertainment industry lower tax rate.

For example, a certain cabaret got a ticket revenue of 50000 yuan in February, a sales income of 100000 yuan for drinks, cigarettes and liquor, and a fee of 10000 yuan for collecting flowers and 150000 yuan for the Cara OK song fee. The business tax is to be paid in the month: 500 thousand yuan ten (100 thousand l00000), 10% 10% yuan (31000).

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