Tax Saving Skills Of Consumption Tax

Taxation in China

The first item is some special consumer goods, such as tobacco, alcohol and firecrackers, fireworks, which are harmful to human health, social order and ecological environment.

The second item is

The third is high energy consumption and high-end consumer goods, such as cars, yachts and so on.

The fourth is non renewable and alternative petroleum consumables, such as gasoline, diesel oil and so on.

Therefore, the initial plan for consumption tax is that when you choose a business item or product, you will not enter the "special zone".

If you go in, you will have to pay the consumption tax.

This is also an important factor that investors must consider when making decisions.

The tax base of the consumption tax is the same as the value added tax, and the tax is calculated without tax.

But the special feature of the consumption tax is that except for gold and silver jewelry, platinum jewelry, diamonds and diamond ornaments and other consumer goods in the retail sector, the sales revenue (non tax) of the retail sector is used as the tax base, and other taxable products are levied in the production link - the ex factory price (excluding tax) as the tax base.

Therefore, China's tax related enterprises, such as distilleries, tobacco factories and cosmetics manufacturers, and so on -- the general practice of saving consumption tax is "duplex operation" -- using two or more than two enterprises to run their own products: the production enterprises sell their products to their own sales companies at the ex factory price, and pay the consumption tax according to the factory price; sales companies sell their products to consumers, and no longer pay the consumption tax, of which the manufacturer's factory price decides the size of the consumption tax.

If producers directly sell consumer goods to consumers, they will suffer a great deal.

It is estimated that there is no such "single" enterprise in our country at present.

There are basically two ways to save taxes on consumption tax: one is policy, the other is skill by two.

Besides the two means of "dividing" and "closing", there are comparative analysis of the skills, and the choice of "preferential enrollment".

Our respective cases are as follows:

Case 1: package turnover - separate accounting, saving consumption tax.

The thirteenth rule of implementation of consumption tax, which was introduced in January 1, 2009, stipulates that taxable consumer goods should be incorporated into the sales volume of taxable consumer goods in the sales of taxable consumer goods, whether they are sold separately or not, and how they should be accounted for in accounting.

If the package is not priced and sold with the product, it will receive a deposit, which should not be taxed in the sales volume of taxable consumer goods.

We use specific data to calculate.

The sale price of a taxable consumer product (non alcoholic drinks) is 100 yuan, including 10 yuan for packaging and 20% for consumption tax.

For sale of packaged goods together with taxable consumer goods, the consumption tax shall be: 100 x 20%=20 (yuan).

For the 1 of the package turnover, a deposit tax should be paid: (100-10) x 20%=18 (yuan).

The turnover of packaging can save 10% of the tax.

In our real life, some small shops let us "take beer bottles for beer (plus liquor)", that is, manufacturers in accordance with relevant policies, let beer bottle packaging "turnover", saving consumption tax specific behavior.

Case 2: reducing consumption tax through enterprise merger

The fourth provision of the Provisional Regulations on consumption tax stipulates that taxpayers who produce taxable consumer goods for their own use shall not pay taxes for the continuous production of taxable consumer goods.

According to this regulation, we can go through the way of business combination.

Turn the products that are applicable to high taxes to low tax rate products and save consumption tax.

This is also an effective tax saving planning skill for consumption tax.

There are two large scale breweries in a certain area, both of which are independent accounting enterprises.

A plant mainly deals in grain liquors, which are made from locally produced rice and corn and are subject to 20% tax rate.

The brewery produces a series of medicinal liquor from the grain wine produced by a factory and applies 10% tax rate.

Each year, the brewery provides $200 million worth of grain wine to the brewery.

In the course of operation, B distilleries are unable to run because of lack of funds and talents, and are ready to go bankrupt.

At the same time, a total of 50 million yuan was owed to the brewery and the assets of the liquor factory were 50 million yuan.

After a study, the brewery leadership decided to make an acquisition of the brewery. Its main decisions are as follows:

(1) the cost of the acquisition is small.

Before the merger, the assets and liabilities of the brewery were 50 million yuan and the net assets were zero.

Therefore, in accordance with the existing tax law, the merger and Acquisition Act is to absorb and merge the company in the way of assuming all debts of the merged enterprise. It does not consider that the annexed enterprise shall pfer or dispose of all assets on the basis of fair value, do not calculate the income from the pfer of assets, and do not have to pay the enterprise income tax.

In addition, the behavior between the two enterprises is a property right paction. According to the tax law, no business tax is paid, and other expenses are relatively small. Therefore, the expenses of a liquor factory will not be too large.

(2) merger and acquisition can detract part of the tax.

Before the merger, the grain wine provided by the brewery to the brewery should be paid annually:

The consumption tax should be =20000 * 20%=4000 (10000 yuan).

After this tax is merged, two enterprises of a and B become an enterprise, and the paction activities of two enterprises turn into semi-finished product delivery activities of the two internal departments, so they do not need to pay immediately (of course, they do not really need to pay, but they are pferred to the latter sales link).

In this way, a brewery has delayed the payment of part of the tax through merger and obtained the time value of capital.

(3) the market prospect of the liquor produced by the second liquor factory is very good, and it also conforms to the mainstream of the common people to pay attention to the health.

After a brewery combined with the second brewery, the main direction of operation can turn to the production of medicinal liquor, and the consumption tax payable by enterprises should be reduced after the shift.

Since the consumption tax rate of grain alcohol is 20%, while the consumption tax rate of medicinal liquor is 10%, if the enterprise is converted into a pharmaceutical liquor producing enterprise, the tax burden will be greatly reduced.

The annual consumption tax on liquor sales is 200 million yuan.

20000 x 10%=2000 (10000 yuan)

Before the merger, the same amount of sales of a liquor factory should pay a consumption tax of 40 million yuan, a difference of 20 million yuan between the two.

The 20 million yuan is the savings tax.

Case 3: choose the lightest way to lighten the consumption tax.

The best choice is to choose different ways to get maximum benefits.

There are a group of tobacco products worth 1 million yuan to be processed into tobacco, and the consumption tax rate of tobacco is 30% and the cigarette consumption tax rate is 45%.

Plan 1: after recovering the processed tobacco, it will continue to process itself into cigarettes.

A cigarette factory has commissioned a factory to produce a batch of tobacco leaves worth 1 million yuan into tobacco. The agreement stipulates that the processing fee is 750 thousand yuan. After the processed tobacco is pported back to a factory, the factory will continue to produce a class a cigarettes, and the processing cost and the total cost will be 950 thousand yuan. The price of the batch cigarette will be 7 million yuan.