What does it mean to convert business tax to increase and what does it mean to change business tax t

Updated on Financial 2024-08-09
8 answers
  1. Anonymous users2024-02-15

    Oh, it is to change the original business tax paid according to the invoice amount to be levied according to value-added tax.

  2. Anonymous users2024-02-14

    Where business tax was levied before, VAT is now levied.

  3. Anonymous users2024-02-13

    The transfer refers to the conversion of the company's capital reserve into **, and the transfer means the increase in shares, which is equivalent to being sent.

    For example, Vantone Real Estate's announcement this time means that the provident fund will be converted into shares, and every 10 shares will be increased by 10 shares, and dividends will be distributed.

    Suppose you have 100 shares and have not sold them after the end of the share registration date, then you can enjoy these rights announced in this announcement the next day, and your 100 shares will become 200 shares, and you can also get a dividend of 35 yuan (before tax).

    The ex-dividend date refers to the fact that after the implementation of the conversion and dividends, the stock price should be adjusted accordingly according to the corresponding conversion ratio and dividend amount, which is called ex-rights and dividends.

    10 to 10 turns, assuming, on the equity registration date, the stock price is 20 yuan, then the ex-dividend date, the stock price is to become (

    After the ex-rights and dividends, the total amount of assets held will not change in reality, although there are dividends in the increase of shares, but the stock price has also changed accordingly, regardless of the rise and fall, it is the same as the original.

    Transferring or giving away shares, especially a large proportion, although there is no substantive significance, but a good hype theme, as long as there is this plan, the stock price will be greatly speculated, Vantone is a good example.

  4. Anonymous users2024-02-12

    Replacing business tax with value-added tax refers to the change of business tax to value-added tax, and the taxable items that were previously subject to business tax are changed to value-added tax. Units and individuals that sell goods or processing, repair and repair services, sell services, intangible assets, immovable property and imported goods within the territory of China are VAT payers.

    [Legal basis].Article 1 of the Provisional Regulations of the People's Republic of China on Value-Added Tax.

    Units and individuals that sell goods or processing, repair and repair services (hereinafter referred to as labor services), sell services, intangible assets, unknown movable property and imported goods within the territory of the People's Republic of China are taxpayers of Liangzao VAT and shall pay VAT in accordance with these Regulations.

    Article 5. In the event of taxable sales by a taxpayer, the VAT amount collected shall be calculated according to the sales amount and the tax rate specified in Article 2 of these Regulations, which shall be the output tax. The formula for calculating output tax: output tax = sales tax rate.

  5. Anonymous users2024-02-11

    Summary. Hello! Dear, I'm glad to answer your <>

    Replacing business tax with value-added tax refers to a tax reform policy that replaces business tax with value-added tax. Previously, businesses and individual businesses in China were required to pay business tax, but on May 1, 2016, the business tax was abolished and replaced by value-added tax. Value-added tax (VAT) is a consumption tax levied according to the value-added amount of goods and services, and unlike business tax, VAT is levied through the difference in tax rates, which is relatively simple and clear, and has a wider scope of application.

    What does VAT mean?

    Hello! Dear, I'm glad to answer for you<> replacing business tax with value-added tax refers to a tax reform policy of replacing business tax with value-added tax. Previously, businesses and individual businesses in the country were required to pay business tax, but on May 1, 2016, the business tax was abolished and replaced by value-added tax.

    Value-added tax (VAT) is a consumption tax levied on the value-added of goods and services, and unlike business tax, VAT is levied through the difference in tax rates.

    The purpose of replacing business tax with VAT is to reduce the tax burden on enterprises and promote the development of enterprises. Through the reform of the tax system, the cost pressure of the enterprise has been reduced, the market vitality has been improved, and economic growth and structural upgrading have been promoted. At the same time, replacing business tax with VAT will also help standardize tax collection and management, and improve tax transparency and fairness.

  6. Anonymous users2024-02-10

    Summary. The full name of replacing business tax with value-added tax is to change business tax to value-added tax, which means that the taxable items that previously paid business tax were changed to pay value-added tax. Replacing business tax with VAT can reduce double taxation, promote a better virtuous circle in society, and help enterprises reduce their tax burden.

    The scope of the VAT reform is mainly related to the transportation industry and some modern service industries; 1.The transportation industry includes: land transportation, water transportation, air transportation, and pipeline transportation.

    2.Modern service industries include: R&D and technical services, information technology services, cultural and creative services, logistics auxiliary services, tangible movable property leasing services, and assurance consulting services.

    The full name of the VAT reform is called the change of business tax to Yuanhexiang value-added tax, which refers to the change of taxable orange fight items that previously paid business tax to value-added tax. Replacing business tax with VAT can reduce double taxation and promote the formation of a better virtuous cycle in society, which is conducive to reducing the tax burden of enterprises. The scope of the VAT reform is mainly related to the transportation industry and some modern service industries; 1.

    The transportation industry includes: land transportation, water transportation, air transportation, and pipeline transportation. 2.

    Modern service industries include: R&D and technical services, information technology services, cultural and creative services, logistics auxiliary services, tangible movable property leasing services, and assurance consulting services.

    VAT Reform" related tax-free items 1Childcare and education services provided by nurseries and kindergartens. 2.

    Elderly care services provided by elderly care institutions. 3.There is a shortage of nurturing services provided by welfare institutions for the disabled.

    4.Marriage Matchmaking Services. 5.

    Funeral services. 6.Services provided by persons with disabilities to society.

    2) The interest income obtained by the financial bureau from issuing a single small loan to small enterprises, micro enterprises and individual industrial and commercial households shall not be higher than the part of the interest income calculated according to the benchmark loan interest rate of the People's Bank of China for the same period of 150% (inclusive) of the loan shall be exempted from VAT; The excess part shall be subject to VAT in accordance with the current policy.

    From 1 September 2018 to 31 December 2020, interest income derived from microloans granted by financial institutions to small enterprises, micro enterprises and individual industrial and commercial households is exempt from VAT. Financial institutions may choose one of the following two methods as the applicable method of tax exemption for that year according to the accounting year, and once selected, it shall not be changed within the accounting year: (1) The interest income obtained from a single small loan issued by a financial institution to small enterprises, micro enterprises and self-employed merchants, with an interest rate level not higher than 150% (inclusive) of the benchmark loan interest rate of the People's Bank of China for the same period, shall be exempted from VAT; The interest income obtained from a single small loan that is higher than 150% of the benchmark loan interest rate of the People's Bank of China for the same period shall be subject to value-added tax in accordance with the current policy provisions.

  7. Anonymous users2024-02-09

    <> "Hello friends, replacing business tax with value-added tax refers to the reform system that merges the original business tax and value-added tax into one tax. Specifically, replacing business tax with VAT refers to the tax reform that China has officially launched since May 1, 2016, that is, merging the two types of business tax and value-added tax into one tax, namely value-added tax, and gradually implementing the policy of "replacing business tax with value-added tax". Through this kind of reform, we can reduce the production and operating costs of enterprises, promote economic restructuring, and improve market efficiency.

    At the same time, it can also narrow the gap between the tax revenue of the first and the local people, and share the tax burden more reasonably among the first and the first enterprises at all levels. I hope I can help you<>

  8. Anonymous users2024-02-08

    Replacing business tax with value-added tax, also known as replacing business tax with value-added tax, refers to the change of taxable items that previously paid business tax to value-added tax. The biggest feature of replacing business tax with VAT is that it can reduce double taxation, which can promote the formation of a virtuous circle in the society and help enterprises reduce their tax burden.

    The business tax to value-added tax (referred to as the business tax reform) refers to the previous payment of business tax taxable items to pay value-added tax, value-added tax only on the value-added part of the product or service, reducing the link of repeated taxation, is the first and greatest, according to the new situation of economic and social development, from the overall deployment of deepening the reform of the important decision, the purpose is to accelerate the reform of the fiscal and taxation system, further reduce the tax burden of enterprises, mobilize the enthusiasm of all parties, and promote the development of the service industry, especially the high-end service industry such as science and technology, Promote industrial and consumption upgrading, cultivate new kinetic energy, and deepen supply-side structural reforms.

    Under the current situation of great downward pressure on the economy, the full implementation of the VAT reform can promote effective investment to drive supply, and supply to drive demand. For companies, if profitability is improved, it is possible to further promote transformation. The transformation and upgrading of each individual enterprise will undoubtedly realize the structural reform of the industry and even the entire economy, which is also an important part of promoting structural reform, especially supply-side structural reform and active fiscal policy.

    The biggest change in the "VAT reform" is to avoid the disadvantages of double taxation, non-deduction and non-refundable business tax, and realize the purpose of "tax collection and deduction at all levels" of value-added tax, which can effectively reduce the tax burden of enterprises. More importantly, the "business tax reform" has changed the best system in the market economy exchanges, changed the "in-price tax" of business tax into the "off-price tax" of value-added tax, and formed a deduction relationship between value-added tax input and output, which will affect the adjustment of industrial structure and the internal structure of enterprises from a deep level. Interpret the tax reform policy from an angle and at multiple levels, and help pilot enterprises immediately analyze, grasp and respond to the new regulations.

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