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security body rich description, the pilot elected in Shanghai, to a certain extent, their country, not the separation of land tax, also part of a bureau, easy to operate on. Value-added tax levied by the Internal Revenue Service is responsible, 75% of tax revenue in central government revenue and 25% of local revenues. Sales tax,burberry pas cher, local taxes,abercrombie, levied by the Inland Revenue Department is responsible for, all local revenues.
Glossary
sales tax: levy a wide range of
VAT is the biggest taxes on commodities (including taxable services) in the transfer process produce value-added tax as the basis to impose a turnover tax. Implementation of the price of foreign tax that is borne by consumers,abercrombie france, value-added taxes only, no value is not taxed.
rich security body said the impact of tax reform are divided into direct and indirect effects of two areas. VAT paid related businesses and the self-employed are the direct beneficiaries,casque beats, particularly SMEs, to help alleviate the tax burden. Although the pilot only in Shanghai, but the coverage of a larger value-added tax, the pilot can bring the intensity of at least 10 million yuan discount level.
rich security body that, strictly speaking, sales tax should be phased out, all change levy VAT. Some countries levy VAT only and not levy sales tax,louboutin pas cher, more scientific.
he explains,louboutin, in simple terms, sales tax revenue is directly calculated by multiplying the appropriate rate of tax to be paid. There is no problem because the cost of deductible, so the double taxation issues involved. Sales multiplied by the appropriate corporate tax rate places, minus enterprises to purchase raw materials costs incurred VAT. Therefore,franklin marshall, the VAT is more scientific, does not involve double taxation problem. Also, because this deduction method VAT,casque dr dre, plus additional 11% and 6% in two tranches with low tax rates, making the corporate tax should be reduced.
vice president of China Society of Finance, National People's Congress, Professor Ann eutrophication introduction of value-added tax reform, an index of significance, its influence will be enormous. By then, including businesses, sole proprietors and individuals are expected to benefit from it.
to avoid double taxation is expected to drop prices
sales tax in our country is to provide taxable services, transfer intangible assets or sale of real estate units and individuals, the turnover achieved on its collection of a tax, levy a wide range.
to further address the goods and services tax in double taxation issues, improve the tax system to support the development of modern service industry,doudoune moncler, the meeting decided that from January 1 next year onwards, in some areas and deepening of value-added industry to carry out tax system reform, and gradually the current industry business tax to value added tax.
(Reporter Zhao) Yesterday, the State Council executive meeting, decided to launch value-added tax system, deepen the reform.
Shanghai and part of modern transportation and other services will be the first pilot, when ready, choose some industries nationwide pilot.
■ view
VAT: the largest tax
In addition, the reform produced by conduction, but also for ordinary personal benefits, such as some of the goods and services may reduce the price. Some areas have had some vegetables and other products for long-distance transport and lead to higher prices. State clearly the goods and services tax to solve the problem of double taxation and the first part of the Shanghai modern transport and services such as pilot. As these industries reduced their tax rates, lower operating costs,burberry, may make some of the relevant product or service price decreases.
pilot areas during the pilot period of the original ownership of the sales tax revenue, after income tax levy change is still vested in the pilot areas. The original pilot sectors can continue business tax incentives, and adjusted according to characteristics of VAT. Into the reform of the VAT paid by a taxpayer according to the provisions deductible.
In addition, the current standard rate of VAT of 17% and 13% lower tax rate based on the new 11% and 6% in two tranches with low tax rates.
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