The fiscal and taxation issues that are often misunderstood are as follows:

1. Recently, the special inspection on the use and management of VAT invoices carried out by tax authorities is only aimed at taxpayers who have increased their business value, and will not involve the original VAT taxpayers.

Correct interpretation:

Scope of inspection: Special inspection has been carried out on the use of taxpayers' invoices (focusing on taxpayers in life service industry and commercial retail industry) since the pilot reform of camp reform was fully launched on May 1, 2116. Note: The object of inspection includes all VAT taxpayers, not just the taxpayers of this camp reform.

second, as long as it is a sales gift, it is regarded as sales.

Correct interpretation: For example, if you stay in a hotel in summer, you will get a breakfast of RMB 11! Stay in the hotel and send 5 yuan fruit! Stay for 11 nights and the hotel will send 3111 yuan mobile phone!

note that the above gifts with clearly marked price in the accommodation industry should be accounted for separately and paid VAT!

third, the levy rate is the tax rate, and the withholding rate is also the tax rate.

Correct interpretation:

1. Tax rate. Simply understood, in actual application, all ordinary taxpayers who are not applicable to simple collection are calculated by using tax rate, but when calculating by using tax rate, the corresponding input can be deducted.

2. There are two situations in which the levy rate is applicable:

One is a small-scale taxpayer; The other is a general taxpayer who meets the conditions and can apply for simple collection.

3. Pre-collection is specifically aimed at the construction industry, real estate sales and rental industries. There are three basic situations that need to be pre-collected:

First, advance payment for real estate projects requires 3% of VAT in advance;

Second, the subject matter of construction project (2% of general taxpayers) and real estate rental (3%) are not in the same place as the enterprise's location, and they are pre-levied and declared respectively;

Third, the transfer of real estate (5%) requires paying taxes in advance to the local tax and reporting to the national tax.

iv. VAT shall not be deducted from the special invoice for accommodation in the local place where the company is registered.

Correct interpretation:

Whether the accommodation expenses incurred by an enterprise can be deducted or not depends on the ultimate "use" of the accommodation expenses, not the place of occurrence. The accommodation expenses incurred by the enterprise related to its operation can be completely deducted from the value-added tax;

Accommodation expenses incurred by enterprises in entertaining customers are personal sales expenses, belonging to social entertainment expenses, and cannot be deducted from VAT input tax.

5. The R&D expenses plus deduction policy can only be enjoyed by high-tech enterprises.

Correct interpretation:

Since October 1, 2116, China has implemented a new preferential policy of adding R&D expenses and deducting enterprise income tax. In addition to six major industries such as tobacco manufacturing; Accommodation and catering industry; Wholesale and retail trade; Real estate industry; Leasing and business services; Entertainment industry; Except for other industries stipulated by the Ministry of Finance and State Taxation Administration of The People's Republic of China, the rest can be deducted by 51% as long as the board of directors approves the project!

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