General taxpayers issuing ordinary invoices and issuing special VAT invoices, regardless of whether they are issued to small-scale taxpayers or general taxpayers, are calculated at 17% to pay tax.

General taxpayers refer to enterprises and corporate units whose annual taxable VAT sales (hereinafter referred to as annual taxable sales, including all taxable sales in a calendar year) exceed the standard for small-scale taxpayers set by the Ministry of Finance. General taxpayers are characterized by the fact that VAT input tax can be offset against output tax.

Extended Information: ?

General taxpayers

Calculation formula: taxable amount = current output tax - current input tax

Output tax = sales × tax rate

Sales = tax-inclusive sales ÷ (1+tax rate)

Output tax: refers to the taxpayers to provide taxable services in accordance with the sales and the VAT rate VAT amount.

Input tax: the amount of VAT paid or borne by a taxpayer on the purchase of goods or the acceptance of processing, repairing, repairing and fitting services and taxable services.

Basic Example

Company A purchased Product A in April and paid RMB 10,000 for the goods and RMB 1,700 for input VAT, and obtained a special VAT invoice. The tax-inclusive sales of Product A are 23,400 yuan.

Input tax = 1700 yuan

Output tax = 23400/(1+17%) × 17% = 3400 yuan

Tax payable = 3400-1700 = 1700

Baidu Encyclopedia - Value Added Tax