How is the income tax included in the quotation calculated?

1.The formula for calculating the unit price including tax is as follows: Unit price including tax = Unit price excluding tax * Applicable tax rate (1+17% or 13%). For example, 5 yuan is the unit price without tax, and the tax rate is 17%, so the total price and tax is 5 * (1 + 17%) = yuan.

2.Whether the unit price includes tax depends on how the contract signed by both parties is stipulated. Unit price excluding tax = tax price Applicable tax rate (1+17% or 13%).

Extended Information:1Everyday purchases include tax, i.e. tax included.

The tax-included price includes the value-added tax, that is, the retail price, and some of the goods subject to consumption tax also include consumption tax in addition to the value-added tax, but does not include off-price expenses, such as packaging, handling fees, etc., and the amount on the ordinary invoice is the tax-included price. It is worth mentioning that the tax-free price on the special VAT invoice is because the VAT amount needs to be listed separately. In actual business operations, ** is generally the tax-included price, because this seems to be the default unspoken rule.

As for separating the tax-included price into tax-excluded price and tax, the general enterprise accountant will only separate it when the income is recorded. Invoices are divided into ordinary invoices and special VAT invoices. Among them, there are three basic copies of the special VAT invoice, the first copy is the bookkeeping copy, the second copy is the tax deduction copy, and the third copy is the invoice copy.

Among them, the invoice copy is the original voucher of payment or collection by the consignee, which is a commercial voucher.

2.Unit price including tax = Unit price excluding tax * applicable tax rate (1+17% or 13%). If the contract signed by both parties is tax-free, then the unit price of the tax-included price = the unit price excluding tax * the applicable tax rate (1+17% or 13%).

If the parties agree on a tax-inclusive price, then the unit price excluding tax = tax-inclusive price The applicable tax rate (1+17% or 13%).

3.The tax-included price is the price including tax. The tax-included price includes the value-added tax, that is, the retail price, and some of the goods subject to consumption tax include the consumption book tax in addition to the value-added tax, but does not include off-price expenses, such as packaging, handling fees, etc., and the amount on the ordinary invoice issued by the seller is the tax-included price and the tax-free price on the special VAT invoice.

Because the VAT amount is listed separately, in general, retail sales, sales to small-scale, individual taxpayers, combined income of the off-price payment, and goods packaging deposit are all tax-included**. However, there are special circumstances, such as no invoice, but the deemed sales should be calculated VAT when the invoice should not be issued, but it should also be calculated into the tax-included sales. The included taxes are generally value-added and national taxes.

VAT can be deducted, and national tax can be used as fixed assets. The simplest way to say this is to not issue an invoice. To issue an invoice, the tax-included price can be converted into a tax-exclusive price through the formula, that is, the tax-included price = tax-excluded price * (1 + tax rate), the general tax rate is 16%, 10%, 4%, 6%, 25%, and the most common is 16% VAT.

Whether or not a single includes taxes depends on the situation and depends on the company's own business model and tax law requirements. Generally speaking, if the selling price of a company's products or services does not include taxes, then the list should also not include taxes. If taxes are included in the selling price, then taxes should also be included on the list.

In China, according to the Law of the People's Republic of China on the Administration of Tax Collection, all enterprises must file tax returns in accordance with the regulations, and include the tax payable in sales invoices or other financial documents in the cost of sales or expenses in accordance with the statutory standards. Therefore, if the tax is uniformly included in the product when formulating the first order, then the customer can directly charge the price of the product at the time of sale, so as to avoid the management complexity and misunderstanding of listing the tax separately. However, it should be noted that according to the tax law, goods and services sold to consumers must be taxed at the tax rate, so if the company chooses not to include the tax in the **bill**, it needs to be listed separately on the official invoice.

In addition, when it comes to foreign countries, different countries and regions have different tax rebate policies and requirements. Therefore, when formulating the ** list, it is also necessary to refer to and follow the local tax regulations, so as to achieve the optimal ** strategy on the premise that the drought does not violate local laws and regulations.

**Whether the defeat includes tax should be noted after ** The following content should be noted:

VAT included**: VAT inclusive) (including VAT), "VAT" is an abbreviation for "Value Added Tax".

GST inclusive) (including goods and services tax), "GST" is an abbreviation for "goods and services tax".

Excludes tax**:

tax excluded) (excluding tax).

Sometimes two ** can be juxtaposed so that the customer can make a choice. Such as:

price： ￥100 per unit （tax excluded）， or ￥115 per unit （gst inclusive）

**: RMB 100 per item (excluding VAT) or RMB 115 per item (including GST). ］