If your company receives a cash discount from a merchant who pays 15 days in advance, it usually does not need to do input tax transfer. This is because the current tax law does not clearly stipulate that general taxpayers are not allowed to deduct input tax because they enjoy the "cash discount". In accordance with the statutory principle of taxation and the principle that the law does not prohibit it, if the tax law does not clearly stipulate that the input tax shall not be deducted, the taxpayer can deduct the input tax according to the regulations.
In practice, there are some special circumstances that may require attention. For example, in the procurement of some specific industries or specific goods, there may be special provisions according to relevant policies. In addition, if there are other complex transaction conditions or agreements that are accompanied by cash discounts, there may be an impact on the deduction of input tax, which requires a specific analysis of the specific situation.
In general, in most cases, the cash discount for early payment will not affect the deduction of input tax. However, as a business, to ensure compliance, it is advisable to consult with an accountant or tax expert when it comes to complex situations in order to obtain more specific and targeted advice. February** Dynamic Incentive Program