Q：
|
What are the incremental tax credits and existing tax credits in the Announcement of the State Administration of Taxation [2022] No. 14?
|
A：
|
According to the Announcement of the Ministry of Finance and the State Administration of Taxation on Further Increasing the Implementation of the VAT Retention and Rebate Policy at the End of the Period (Announcement [2022] No. 14 of the Ministry of Finance and the State Administration of Taxation), the amount of incremental tax credit referred to in this Announcement is determined by distinguishing the following circumstances:
-
Before the taxpayer receives the one-time stock retention credit refund, the incremental tax credit is the new increase in the tax credit at the end of the current period compared with 31 March 2019.
-
After the taxpayer obtains a one-time stock retention tax refund, the incremental tax credit is the tax credit at the end of the current period.
After the taxpayer obtains a one-time stock retention tax refund, the incremental tax credit is the tax credit at the end of the current period.
-
If the taxpayer's tax credit at the end of the current period is greater than or equal to the tax credit at the end of March 31, 2019 before the taxpayer obtains the one-time stock tax credit refund, the existing tax credit is the tax credit left at the end of March 31, 2019; if the tax credit at the end of the current period is less than the tax credit left at the end of March 31, 2019, the existing tax credit is the tax credit at the end of the current period.
-
After the taxpayer obtains a one-time stock retention tax refund, the amount of the stock retention tax credit is zero.
|
Q：
|
What are the conditions for taxpayers to enjoy the tax rebate in small and micro enterprises and manufacturing industries?
|
A：
|
The following conditions must be met:
-
Tax credit rating is Grade A or Grade B.
-
In the 36 months before applying for tax refund, there was no fraudulent withdrawal of tax rebates, fraudulent export tax rebates or false issuance of special VAT invoices.
-
In the 36 months before applying for tax refund, he was not punished by the tax authorities twice or more for tax evasion
-
From April 1, 2019, it did not enjoy the policy of immediate refund, first levy and then return (refund).
|
Q：
|
How to calculate the tax refund amount for taxpayers who apply the stock retention tax refund?
|
A：
|
Allowable refund of stock tax credit = Stock tax credit * Input composition * 100%
Note: The proportion of input items is the special VAT invoice that has been deducted from April 2019 to the tax before applying for the tax refund (including the electronic invoice with the word "special VAT invoice" that is fully digitized, the unified invoice for the sale of tax-controlled motor vehicles), the electronic ordinary invoice for the value-added tax of toll road tolls, the special payment letter for customs import VAT, and the tax payment voucher indicated that the VAT amount accounts for the proportion of all deducted input taxes in the same period.
|
Q：
|
How is the tax refund amount calculated for taxpayers who apply the incremental retention credit?
|
|
A：
|
Incremental tax credit allowed for refund = Incremental tax credit * Input composition * 100%
|
Q：
|
Does the taxpayer need to deduct the input tax amount transferred out when calculating the proportion of input tax left and refunded?
|
|
A：
|
When calculating the input composition ratio of the tax credit allowed to be refunded, the taxpayer does not need to deduct the VAT amount specified in the deducted special VAT invoice (including the electronic invoice with the word "special VAT invoice" fully digitized, the unified invoice for the sale of tax-controlled motor vehicles), the electronic ordinary VAT invoice for toll road tolls, the special vat payment letter for customs import, and the vat payment certificate indicated in the tax payment certificate in accordance with the provisions from April 2019 to the tax refund.
|
FAQ
