What is a Tax Lot?

The tax amount refers to the amount of tax to be paid.

[shuì é]

[the amount of tax to be paid]

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Taxable amount refers to the amount of income tax that an enterprise should pay to the tax authority after calculation according to the provisions of the tax law.

For enterprises with overseas income, since the income tax paid on their overseas income can be deducted from their taxable amount according to regulations, the actual amount of corporate income tax paid by such enterprises to the tax authority may not equal their taxable amount.

Taxable amount = Taxable income amount × Applicable tax rate-Tax deduction amount-Credit tax amount

= (Total income-Non-taxable income-Tax-exempt income-Various deductions-Allowable compensation for previous year losses) × Applicable tax rate-Deductions-Credit

The tax deductions and credits in the formula refer to the taxable amounts that are reduced, exempted and deducted in accordance with the Enterprise Income Tax Law and the tax incentives of the State Council.

Different by taxpayer

Taxes for general taxpayers

Sale of goods or provision of taxable services

For taxpayers selling goods or providing taxable services (hereinafter referred to as selling goods or taxable services), the taxable amount is the balance of the current output tax after deducting the current input tax. Taxable amount calculation formula:

Tax payable = current output tax-current input tax

Because the output tax for the current period is less than the input tax for the current period and the deduction is insufficient, the shortfall can be carried forward to the next period to continue the deduction.

Small taxpayer

Sale of goods or provision of taxable services

For small-scale taxpayers selling goods or taxable services, the taxable amount shall be calculated according to the sales amount and the levy rate specified in Article 12 of these Regulations, and the input tax shall not be deducted. Taxable amount calculation formula:

Taxable amount = sales amount × collection rate

Taxpayer import goods

For taxpayers importing goods, the taxable amount shall be calculated at the taxable composition price and the tax rate stipulated in Article 2 of these regulations, and no tax amount shall be deducted.

Composition tax price = Customs Duty Paid Price + Customs Duty + Consumption Tax

Taxable amount = composition taxable price × VAT rate

sale tax:

Taxable amount calculated by ad valorem method = sales amount × tax rate

Taxable amount calculated by the quantitative quota method = sales volume × unit tax

Self-produced products: composition tax price = (cost + profit) ÷ (1-consumption tax rate)

Entrusted processing: composition tax price = (material cost + processing fee) ÷ (1-consumption tax rate)

Imported products: composition tax price = (tariff value + tariff) ÷ (1-consumption tax rate)

Business tax: Business tax payable amount = business income amount x business tax rate

corporate income tax:

Calculation method of taxable income

Taxable income = total income-allowable deductions

Or: Taxable income = total profit + tax adjustment increase-tax adjustment decrease

For the implementation of the method of assessing the taxable income rate, the formula for calculating taxable income is:

Taxable income == total income × taxable income rate

Cost Expenditure

Or: taxable income == × taxable income rate

1 Taxable income rate

The taxable income rate is calculated in accordance with industry standards stipulated by the tax law.

Calculation of corporate income tax payable:

The formula for calculating corporate income tax payable is:

Taxable amount = taxable income × tax rate