With the continuous innovation of marketing methods, a variety of sales methods have been produced, no longer the previous simple transactions, you buy to give money, I sell to the goods. In practice, enterprises often have various activities such as physical discounts, commercial discounts and cash discounts, and many people are often unclear about the three types of discounts, and then cannot accurately carry out tax treatment. This article provides a brief introduction to the three types of discounts and their tax treatments, which I hope will be helpful to you.
1. Introduction to the three types of discounts
1. Commercial discounts
The so-called commercial discount is a discount sale, such as the original price of 1,000 yuan clothes, 800 yuan discount according to 800 yuan sales, is a discount of 20%. This kind of discount is discounted first and then sold, and the merchant collects the money according to the ** after the discount.
2. In-kind discounts
The so-called in-kind discount refers to the buy-and-give activities, such as the buy-one-get-one-free that is often done in shopping malls, and the shopping mall sells a barrel of large peanut oil and gives a barrel of small peanut oil. It is also known as ** sale. The customer spends the money of the bulky goods and can get two pieces of goods, so that the customer is happy, as if the small goods were picked up for nothing.
3. Cash discounts
The so-called cash discount means that the goods are sold according to the original price first, and at the same time tell the customer that they can enjoy the discount if they return the money in advance. For example, if a batch of goods is sold and the account period is 30 days, if the payment is made within 10 days, the buyer can get a 2% discount from the face value of the invoice, otherwise, the full amount of the invoice is paid within 30 days. This actually incentivizes customers to get their money back early.
2. Tax risk analysis and solutions
Commercial discount is the first discount and then sales, and the enterprise can issue invoices according to the discounted amount; Of course, you can also issue two lines on the invoice, the first line is the amount before the discount, the second line is the discount amount, and the total amount is the amount after the discount. At this time, the payment we received is also the amount after the discount, so it is more reasonable.
Physical discounts and accompanying goods are often recognized by the tax authorities as free gifts (although in fact they are not free gifts), and they are required to treat them as sales and pay VAT separately. In order to avoid tax risks and tax disputes, it is usually recommended that enterprises deform physical discounts into commercial discounts, that is, when invoicing, the first line writes the amount of large goods, the second line writes the amount of small goods, and the third line writes the amount of discounts, the third line is equal to the amount of the second line, but the discount amount is negative, so that the total amount is the amount of large goods. We collect according to the amount of bulky goods, so it is more reasonable.
Cash discount, it is sold first, then discounted, so enterprises cannot deduct cash discounts when determining the revenue from commodity sales. When a cash discount actually occurs, it is directly charged to the finance charge. In other words, the sales revenue is recognized according to the amount before the discount, and the sales fee is recognized after the discount, and the difference between the two is the amount after the discount. The amount we receive is also the amount after the discount, so it is more reasonable to deal with it in this way. However, when the cash discount is included in the financial expense, it is not possible to deduct the input tax or offset the sales tax, and in the VAT, it is a little more VAT than the first two discounts.
The above is my summary of the three discounts, and if there are any inaccuracies, please leave a message to discuss. It's not easy to be original, thank you for liking, collecting and sharing.
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