No matter what business you do, you basically have to deal with industry and commerce, finance and taxation, especially cross-border e-commerce enterprises, the supervision of various countries and the control of various platforms are gradually strict, so cross-border e-commerce enterprises must pay attention to the importance of finance and taxation, and do a good job in cross-border financial and tax compliance, then first of all, you must know what taxes cross-border e-commerce has to pay!
Taxes to be paid in all aspects of cross-border e-commerce.
In the process of cross-border e-commerce, comply with local tax policies and regulations, such as customs declaration, declaration and payment of value-added tax, consumption tax, etc. The following explains what taxes to pay from the perspective of each link of cross-border e-commerce.
What taxes are paid in all aspects of export cross-border e-commerce?
1. Domestic procurement and productionWhat kind of tax is declared out of customs?
Export tax rebates. Foreign trade enterprises: the purchase invoice obtained cannot be deducted, and export tax rebates are required. Export tax rebate pays attention to the invoice and export declaration single correspondence, and the tax refund amount = purchase tax rebate rate.
Production enterprises: In addition to the complete documents and the matching relationship between each other, the export tax rebate adopts the method of exemption and credit. The principle of this method is that if an enterprise has both domestic and foreign sales, and the export sales need to be refunded and the domestic sales have to pay taxes, then the two can offset each other.
Tax rebate amount for export sales = foreign sales price * tax rebate rate (the tax rebate rate is determined according to the SH code, and the daily necessities are generally 13%)
The amount of tax paid for domestic sales = domestic sales - domestic sales input.
Refundable amount = tax refund for export sales - tax payment for domestic sales.
Note: If there are both domestic and foreign sales after procurement, they must be accounted for separately, otherwise it cannot be proved that the purchase is for export sales, and can only be counted as domestic sales in proportion or in full, and export tax rebates cannot be carried out.
2. Sea and air freight.
This process does not generate VAT, because the export declaration has left the tax jurisdiction of China, has not yet arrived at the destination port, and has not yet entered the tax jurisdiction of another country.
The common free ports of Hong Kong and Macau are such areas.
3. Import customs clearance at overseas ports.
When entering the port, you need to pay customs duties and import VAT.
1) Tariffs, which are the costs of the business, must be considered in the pricing process.
Tariff = CIF * Tariff rate.
CIF = Product ** + Insurance + Sea Freight Air Freight Costs.
Tariff rate, according to the HS code of customs declaration, the customs of each country will have a tax rate comparison table. The general tax rate is 2%-8%, and if a special tariff is imposed on the Sino-US war, it will reach 35% and above.
2) Import VAT.
Different countries have different names, Europe is import vat, Australia and Canada are GST, and Japan is consumption tax.
Import VAT = (CIF + Customs Duty) * VAT rate.
The VAT rate varies greatly from country to country, for example, it is about 20% in Europe, 10% in Japan, and 5% in the United Arab Emirates
Import VAT is used as input tax and can be offset against output tax. If everything goes smoothly, only the capital will be tied up, no costs will be incurred, and the pricing process can be ignored.
There is no value-added tax in the United States, and only customs duties are required for imports.
4. Local storage.
Originally, local warehouse storage only incurs warehouse expenses, as well as input tax that can be deducted normally.
But if the goods will be transferred between the EU27 or the seven Gulf countries, extra attention should be paid to it.
If the goods are transferred from one country to another, it is necessary to declare tax-free sales and tax-free purchases in the VAT return, and if you do not declare it, there will be a risk of tax evasion, and even the tax bureau will require that this part is not a real sale, but a VAT on the transfer of goods.
5. Overseas sales.
Output tax = sales *** VAT rate.
Sales Tax = Sales Tax Rate by State
Different countries have different tax rates, and so do state tax rates in the United States.
Here you can find that the sales tax in the United States is different from other regions, there is no tax in the process of enterprise transaction circulation, and only sales tax will be generated when selling to terminal individuals.
6. Enterprise income tax.
The basic principle of corporate income tax is that the enterprise registration and management agency pays taxes in **. For example, Chinese companies that make profits overseas should pay taxes in China.
However, if there is PE overseas, such as branches and employees, then the profits made overseas will be subject to foreign income tax, and the remaining part will be returned to China for additional tax.
Cross-border e-commerce tax compliance considerations.
1. Understand local tax laws and policies: Tax policies and regulations vary from country to country, and cross-border e-commerce enterprises need to understand local tax laws and policies, comply with relevant tax regulations, and reduce tax risks.
2. Rational use of preferential tax policies: Cross-border e-commerce enterprises can make reasonable use of local preferential tax policies according to their own circumstances to reduce the tax burden.
3. Standardize financial management: Cross-border e-commerce enterprises need to establish a sound financial management system, record sales revenue and related costs in a timely and accurate manner, standardize the flow of funds, and ensure that the tax authorities can clearly understand the financial status of the enterprise.