General taxpayers with annual taxable sales of more than 5 million yuan.
VAT taxpayers are divided into two categories according to the size of sales and accounting level, namely general taxpayers and small-scale taxpayers. The tax rate for general taxpayers in the catering industry is 6%, while the comprehensive levy rate applicable to small-scale taxpayers is 3%. According to the current policy, small-scale VAT taxpayers with annual taxable sales of less than 5 million yuan (inclusive) are general-purpose taxpayers.
Article 3 of the Administrative Measures for the Determination of the Qualification of General VAT Taxpayers (Order [2010] No. 22 of the State Administration of Taxation) stipulates that if the annual taxable sales amount exceeds the standard for small-scale taxpayers stipulated by the Ministry of Finance and the State Administration of Taxation, VAT taxpayers shall apply to the competent tax authorities for the qualification of general taxpayers.
The annual taxable sales amount ofthe extended information
refers to the cumulative sales amount of VAT payable by the taxpayer during the business period of no more than 12 consecutive months or four quarters, including the sales amount of tax declaration, the sales amount of audit and supplement, and the sales amount of tax assessment adjustment. For taxpayers who have deductible items for the sale of services, intangible assets or immovable property, the annual taxable sales amount of their taxable activities shall be calculated on the basis of the sales amount before deduction. The sales amount of intangible assets and transfer of immovable property incidentally incurred by taxpayers shall not be included in the annual taxable sales amount of taxable acts.
Taxpayers whose annual taxable sales amount does not exceed the prescribed standard and whose accounting is sound and can provide accurate tax information may register as general taxpayers with the in-charge taxation authorities.
State Administration of Taxation - Measures for the Registration and Administration of General VAT Taxpayers
Baidu Encyclopedia - General Taxpayers