|
Q：
|
Under what conditions can the input tax amount for long-term assets be fully deducted from the output tax amount?
|
|
A：
|
When taxpayers acquire long-term assets specifically for projects subject to the general tax calculation method, the corresponding input tax amount can be fully deducted from the output tax amount.
|
|
Q：
|
Under what conditions cannot the input tax on long-term assets be deducted from the output tax?
|
|
A：
|
If a taxpayer acquires long-term assets specifically for projects subject to simplified tax calculation method, VAT exemption projects, non-taxable transactions that cannot be deducted, collective welfare or personal consumption, the corresponding input tax amount shall not be deducted from the output tax amount.
|
|
Q：
|
What does the original value of long-term assets refer to?
|
|
A：
|
It refers to the recorded value of the long-term assets when they are acquired. If capitalization expenditures are incurred for the long-term assets after their formation, their original value should be adjusted in accordance with the accounting regulations.
|
|
Q：
|
What does capitalization transformation refer to?
|
|
A：
|
It refers to situations such as repairs, upgrades, renovations, reconstructions, expansions, renovations, and decorations that meet the capitalization conditions stipulated by the accounting system.
|
|
Q：
|
How should the input tax amount be handled by taxpayers when they obtain VAT deduction vouchers after depreciating or amortizing long-term assets in accordance with accounting regulations?
|
|
A：
|
If a taxpayer obtains a VAT deduction voucher after making depreciation or amortization of long-term assets in accordance with the accounting system, they should, in accordance with the provisions of the "Provisional Measures for the Deduction of Input VAT on Long-Term Assets", retrospectively calculate the input tax amount corresponding to that long-term asset, and adjust the corresponding input tax amount together with the input tax amount of the five types of items that are not allowed for deduction in the current year for tax declaration.
|
FAQ
