Only the total input tax amount that cannot be divided in the current period will be calculated and transferred out according to the above company; 2.
The fixed assets, intangible assets, and real estate involved are only transferred out of the input tax when specifically used for simple tax projects.
The same applies to fixed assets and immovable property leased in: According to the regulations of Finance and Taxation [2017] No.
Dear, follow me.
Jian’an Finance and Taxation Construction Finance and Taxation 1.
The competent tax authority may, based on the annual data according to the above formula, clear the input tax amount that cannot be deducted.
36, for taxpayers who apply general tax calculation methods and concurrently engage in simple tax calculation projects or exempt value-added tax projects, the input tax that cannot be deducted shall be calculated according to the following formula: the input tax that cannot be deducted=the total input tax that cannot be divided in the current period × (Current simplified tax calculation method for calculating sales revenue of taxable items+sales revenue of VAT exempt items) ÷ All sales revenue of the current period.
90, starting from January 1, 2018, taxpayers who rent fixed assets and immovable property are allowed to fully deduct their input tax from the output tax, which is used for both general tax calculation projects, simple tax calculation projects, value-added tax exemption projects, collective welfare or personal consumption projects
.
How can input tax be deducted? According to the provisions of Finance and Taxation (2016) No.
Fixed assets purchased by construction companies are not only used for general tax projects but also for simple tax projects, and there is no need to transfer out the input tax.
Construction enterprises have both general and simple tax calculation projects.
Note: 1.
