How are general taxpayers identified?

For general taxpayers, it is suitable for companies whose property items have relatively large amounts of current money and are relatively complex. But they can collect special VAT invoices, which can be deducted. The targets of tax payment are divided into general taxpayers and small-scale taxpayers. Small-scale taxpayers are generally suitable for enterprises with relatively small income, while general taxpayers have different standards. So, how are the general taxpayers determined? Next, let’s find out with the editor.

How are general taxpayers determined?

1. What is a general taxpayer

1. General taxpayers refer to enterprises and corporate entities whose annual value-added tax sales exceed the standards for small-scale taxpayers regulated by the Ministry of Finance;

2. All taxpayers who meet the conditions for general taxpayers of VAT must take the initiative to submit an application themselves, and then request the competent tax authorities for the confirmation of general taxpayers;

3. The taxpayer shall submit the "VAT General Taxpayer Request Determination Form" to the competent tax authority within 40 days (working days) after the declaration period ends, requesting confirmation of the qualifications of the general taxpayer;

4. The determination authority shall complete the determination of general taxpayer qualifications within 20 days from the date when the competent tax authority accepts the application, and the competent tax authority shall prepare and deliver a "Tax Matters Notice" and then notify the taxpayer;

5. If the taxpayer fails to apply for confirmation of general taxpayer qualifications within the prescribed period, the competent tax authority shall prepare and deliver a "Tax Matters Notice" within 20 days after the expiration of the prescribed period, and then notify the taxpayer;

6. General taxpayers who have been reviewed and determined by the tax authorities can calculate the tax payable in accordance with the provisions of Article 4 of the "VAT Law of the People's Republic of China" and use special VAT invoices;

7. For taxpayers who meet the conditions of general taxpayers but are not required to go through the formalities for determination of general taxpayers, the tax payable shall be calculated based on the sales volume and the VAT rate. They cannot be used to deduct input tax, nor can they use special VAT invoices.

2. Standards for determining general taxpayers

One year’s VAT sales (including export sales and tax-free sales) reach or exceed the following rules and regulations:

1. The annual taxable sales of industrial enterprises is more than 500,000 yuan;

2. The annual taxable sales of commercial enterprises is more than 800,000 yuan;

3. Source: Management Measures for Determining the Qualifications of General VAT Payers

3. Qualification certificates for general taxpayers

1. Article 10 of the Management Measures for the Determination of Qualifications of General VAT Payers: The competent tax authorities shall stamp the stamp of “General VAT Payer” in the “Qualification Determination” column of the copy of the Tax Registration Certificate of the general taxpayer. The stamp of “General VAT Payer” shall be printed in red, and the stamp shall be drawn up by the State Administration of Taxation;

2. General taxpayer qualification certificate;

3. General taxpayer qualification certificate and general taxpayer qualification inquiry.