According to Article 6 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.42 (20 18), general taxpayers should separately account for the sales of machinery and equipment and installation services while selling their own machinery and equipment, and the installation services can be taxed according to the simple tax method provided by Party A. Taxpayers should pay value-added tax on the maintenance services provided by machinery and equipment after installation and operation according to "other modern service industries".
Old machinery and equipment sold abroad, whether it is a general VAT taxpayer or a small-scale taxpayer, or whether it can be approved as a pilot unit for secondhand goods swap, will be subject to VAT at a rate of 4% by half, and the input tax will not be deducted.
An enterprise wholly owned by a natural person is a limited company invested and established by one person. A natural person's investment or holding is an enterprise jointly established by several natural person shareholders.
(3) The tax rate involved in the company's sales of machinery and equipment needs to distinguish between ordinary taxpayers and small-scale taxpayers. General taxpayers are 13% and small-scale taxpayers are 3%.