12 Tax Tips Financiers Must Know

1. Pay less tax on technology investments

Many private enterprise owners are technical experts and hold the corresponding patents, but when they provide the patents to the company for use, they do not specify how the technology is used.

It is recommended that the bosses invest the technology patents in the registered company, on the one hand, it can improve the financial situation of the company and reduce the financial pressure when investing; on the other hand, after the price is invested in the shares, the company can include them in intangible assets and make a reasonable amortization - increase costs and expenses, reduce profits, and pay less income tax.

2. E-commerce printing reduction

At present, our country also levies value-added tax on e-commerce, but according to the regulations of the State Administration of Taxation, in the supply and demand economic activities, the use of telephone, computer network orders, without issuing a written certificate, will not be decal for the time being. Therefore, enterprises can give up the traditional business model and let all the ordering process be completed online, which can save stamp duty.

3. If you have small deposits, you can pay taxes later

Enterprises should pay taxes in time after filing, but if they have small deposits, they can apply for delayed tax payment. To what extent can the deposit be delayed? The available bank deposits are not enough to pay the current salary, or the salary is not enough to pay the tax due.

Attention: Available bank deposits do not include provident fund deposits that cannot be paid by enterprises, deposits for designated purposes, and various special deposits.

4. The application time is very important

Zhang San's new company, tax registration on June 30, and Li Si's new company, tax registration on July 1. Both companies submitted to the tax authorities to enjoy the preferential tax policies for new enterprises. At the end of the year, the tax authorities approved: Zhang San's company had enjoyed a year of income tax concessions that year, and will start paying income tax next year; Li Si's company can choose to pay this year's profits first, and start calculating and enjoying a year of income tax concessions next year. According to tax regulations: Companies that open in the first half of the year are exempt from tax for one year, and companies that open in the second half of the year can choose. The difference of one day, the fate is different.

5. Reset the process and pay less tax

For many production companies, setting up their own sales company can avoid the excessive consumption tax burden. The company's products are sold to the sales company first, and then the sales company sells them to dealers or customers. Since the consumption tax is taxed in the production process, and the sales process is not taxed, the sales company does not pay the consumption tax. As long as the price is reasonable, it can pay less consumption tax.

6. Sell first and then pay less tax

A company invested in a company and held 60% of its equity. The market of the company worked well, and the company made profits year after year, so the value of the 60% equity increased a lot. Now the boss of the company wants to transfer the equity, and the financial manager proposes that the profits should be divided and then transferred, so that you can pay less tax. Because there is no need to pay tax if you distribute it first, and you have to pay tax if you don't distribute it.

7. Doing good deeds also requires attention

Doing good deeds is also related to taxation. First, the funds and in-kind donated by enterprises to foreign countries may involve deemed sales and pay value-added tax. Therefore, when donating, the tax burden should be considered; second, the donation must be reasonably entered into the cost and expenses, and meet the tax conditions, including the need to donate through units and channels recognized by the tax authorities and have a special receipt for accepting donations in accordance with the tax law. If the conditions are not met, the donation cannot be entered into the cost and expenses, and the result will be subject to 25% income tax.

8. These are also production-oriented enterprises

The "two exemptions and three halves" regulations for foreign-funded production enterprises can only be enjoyed by production enterprises, but not by service enterprises. What exactly is a production enterprise?

According to the "Foreign-funded Enterprise Income Tax Law", construction, cargo transportation, industrial information, maintenance of precision instruments and equipment, and urban sewage treatment are all productive enterprises.

9. Take more input and deduct more

As a general taxpayer, the part of the output minus the input needs to pay taxes, so more input can be used to pay less tax. These inputs include: buying office supplies, buying low-value consumables, car refueling, buying repair spare parts... Over time, companies can reduce their tax burden.

10. The gift is clever

When a customer buys an electrical appliance for 2,000 yuan, the mall gives away a small appliance for 400 yuan, totaling 2,400 yuan, but only 2,000 yuan is actually charged. If it is a gift, the value-added tax will be paid at 2,400 yuan. If two products are sold to the customer and the customer is given a discount of 400 yuan, the customer will also pay 2,000 yuan; for the mall, because it is a price discount, the value-added tax will only be paid according to the actual turnover of 2,000 yuan.

11. Rental is not tax-free

Domestic enterprises are required to pay 12% real estate tax on rent, while foreign enterprises pay 18%. Guangdong stipulates that newly purchased real estate by foreign enterprises can enjoy a preferential policy of exemption from real estate tax for three years.

A foreign company bought an office building, half for its own use and half for rent. When it applied for tax exemption, it was returned by the tax authority: the rental part of the house cannot be exempted from property tax. The company had to pay 18% of the property tax. It's really wrong to go home. The tax exemption conditions stipulated in Guangdong do not distinguish between personal use and rent. The company overpaid the tax and was kept in the dark.

12. You have to declare if you have no business

Businesses may not have taxes to pay for various reasons, but they all have to file their tax returns on time. Failure to file taxes is known as zero declaration, which requires only a simple procedure. But if not handled, the tax authority can impose a fine of 2,000 yuan each time.