For the tax of 1 million consulting fees, the specific method is as follows:
For enterprises: According to the VAT Law of the People's Republic of China, after receiving the consulting service fee, the enterprise needs to calculate the VAT payable according to the applicable tax rate (generally 6%, and the consulting fee income of small-scale VAT taxpayers is 3%). Enterprises need to issue special VAT invoices and include the VAT amount in the sales amount in the tax return.
Enterprises can use the input tax credit mechanism to deduct the VAT paid when paying VAT. This means that if a business purchases goods or services related to consulting services and obtains a special VAT invoice, it can offset the input VAT against the output VAT and only need to pay the difference VAT in the end.
Businesses need to file their tax returns in accordance with the timeline and procedures set by the tax office. Typically, businesses are required to file VAT returns with the tax office on a monthly or quarterly basis and pay the corresponding taxes.
In addition to paying VAT, enterprises also need to calculate and pay enterprise income tax in accordance with the provisions of the Enterprise Income Tax Law of the People's Republic of China. Income from consulting services will be treated as part of the profits of the business and will be taxed at the applicable corporate income tax rate.
In addition, in the specific tax process, enterprises also need to pay attention to the following points:
Legal compliance: Enterprises should comply with national tax laws and regulations, and file tax returns and pay taxes in accordance with the prescribed timetable and procedures.
Reasonable planning: Enterprises can reasonably plan tax plans and reduce tax burdens according to their own circumstances and tax policies.
Retention of vouchers: Enterprises should properly keep the vouchers and materials related to the consulting services for use in tax returns and tax inspections.
In short, for the consulting fee income of 1 million, enterprises need to choose the appropriate tax payment method according to the specific situation, and comply with national tax laws and regulations, reasonably plan the tax plan, and reduce the tax burden.
For individuals: If the services provided by an individual to the enterprise are income from labor remuneration, the tax rate is levied at 20-40 in the tax hall according to the personal remuneration for labor services. For example, if the individual receives a consulting fee of 1 million, then the payer needs to ask the individual to provide the corresponding invoice, if *** 1 million, 1 million * (1-20%) * 40% (according to the remuneration for labor services) - 7000 yuan (quick deduction) = 3130,000, you need to pay 3130,000 individual income tax.
The above is the relevant information about the tax payment of 1 million consulting fees, which is for reference only. The exact amount and steps to pay may vary depending on the situation, and it is advisable to consult a professional for more accurate information. (Good luck with your work!)）