Commodity tariff of virtual currency purchase

1. According to the official reply of the State Administration of Taxation on the issue of indivial income tax on the income of indivials from buying and selling virtual currency through the Internet (GSH [2008] No. 818), the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, The indivial income tax shall be calculated and paid according to the item of "income from property transfer". The original value of an indivial's property in selling virtual currency is the price and related taxes paid for his purchase of network virtual currency. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities.

2. According to the official reply of the State Administration of Taxation on the issue of indivial income tax on the income of indivials from buying and selling virtual currency through the Internet (GSH [2008] No. 818), the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, The indivial income tax shall be calculated and paid according to the item of "income from property transfer". The original value of an indivial's property in selling virtual currency is the price and related taxes paid for his purchase of network virtual currency. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities.

3. This is certainly unreasonable. Virtual currency generally does not need to pay tax. If you pay this tax, it is not equal to your original value. It will be very expensive and not cost-effective

4. If cash withdrawal is reflected, taxes and fees are required, which are all available.

5. Referring to the reply on the issue of personal income tax on the income of indivials from buying and selling virtual currency through the Internet (Guo Shui Han [2008] No. 818), the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of personal income tax, which should be calculated according to & quot; Income from property transfer; Indivial income tax is calculated and paid
according to the indivial income tax law, the income from property transfer should be withheld by the payer.

6. Beijing Local Taxation Bureau:
we have received your request for instructions on the issue of personal income tax collection for indivials who obtain income from online sales of virtual currency (jdsge [2008] No. 114). The reply is as follows:
1. The income obtained by an indivial from purchasing a player's virtual currency through the Internet and selling it to others after a price increase belongs to the taxable income of personal income tax, which should be calculated according to & quot; Income from property transfer; Indivial income tax is calculated and paid
2. The original value of an indivial's property selling virtual currency is the price and relevant taxes paid for his purchase of network virtual currency< 3. If an indivial is unable to provide the original value certificate of the property, the original value of the property shall be verified by the competent tax authority<

State Administration of Taxation
September 28, 2008

7. The main points of the official reply of the State Administration of Taxation on Levying Indivial Income Tax on the purchase and sale of virtual currency; Income from property transfer; Indivial income tax is calculated and paid< 2. The original value of a person's property selling virtual currency is the price and relevant taxes paid for his purchase of network virtual currency< (3) if an indivial is unable to provide evidence of the original value of the property, the original value of the property shall be verified by the competent tax authority
small survey

8. In case of exceeding the quantity and amount stipulated by the Chinese customs, customs ties, value-added tax and consumption tax shall be paid

the basic principle of customs supervision on entry and exit articles is the principle of reasonable quantity for self use. Within the reasonable quantity for self use is the part that can not be taxed, and between the reasonable quantity and the goods, it is the reasonable quantity for non self use that needs to be taxed

the principle of customs checking and releasing personal postal articles is "reasonable quantity for self use". The so-called "self use" refers to the use for indivials, families and gifts to relatives and friends, rather than for sale or rent; The so-called "reasonable quantity" refers to the normal demand of most senders under normal circumstances. In short, the principle of reasonable quantity for self use is limited to the normal demand for self use given by relatives and friends

according to the principle of reasonable quantity for personal use, the Customs has determined the corresponding limits (scales) for the management of inbound and outbound personal postal articles. At the same time of value limit management, the tax allowance system shall be implemented for imported personal parcels

according to the regulations of the "limit table of articles brought in by Chinese passengers" issued by the General Administration of Customs of the people's Republic of China, clothing, shoes, hats, arts and crafts and other daily necessities with a value of less than 1000 yuan (including 1000 yuan) are tax-free within a reasonable amount for their own use

among them, the value of items above 800 yuan and below 1000 yuan are limited to one piece each; For rable consumer goods (such as watches, mobile phones, laptops, digital cameras, digital video cameras, audio, etc.) with a value of more than 1000 yuan and less than 5000 yuan (including 5000 yuan), one of them can be taxed in each Gregorian calendar year. The import and export mail of trade nature exceeding the reasonable quantity for personal use shall be supervised according to the customs supervision mode for goods.

9.

The basic formula for calculating import tariff is: import tariff = ty paid price × According to the Provisional Regulations of the people's Republic of China on consumption tax, China only levies consumption tax on four kinds of goods

the first category: special consumer goods, such as tobacco, alcohol, firecrackers and fireworks, which will cause harm to health, social order and ecological environment

the second category: luxury goods and other non daily necessities, such as precious jewelry and jewelry, cosmetics and skin care and hair care procts

The third category: high energy consumption high-end consumer goods, such as cars and motorcycles

the fourth category: non renewable and alternative petroleum consumer goods, such as gasoline and diesel

(1) ad valorem consumption tax

1. Types of taxed goods and their tax rates Motorcycles and cars are taxable goods

the table also lists the tax rates applicable to all taxable goods, with the highest of 45% and the lowest of 3%

China adopts the ad valorem rate method to calculate the import consumption tax, and the tax price is composed of the price of imported goods (cost plus transportation and insurance premium) (i.e. tariff value) and the tariff. China's consumption tax adopts the method of tax within price, so the composition of tax price includes the amount of consumption tax

The calculation formula of

component tax price is:

component tax price = (ty paid price + ty amount) ÷ 1 - consumption tax rate)

the calculation formula of ad valorem consumption tax is:

tax payable = component tax price × Consumption tax rate

(2) specific consumption tax

specific consumption taxable goods include rice wine, beer, gasoline and diesel, which are collected in a fixed amount. It is 240 yuan per ton for yellow rice wine, 220 yuan per ton for beer, 0.2 yuan per liter for gasoline and 0.1 yuan per liter for diesel

the calculation formula of consumption tax is:

tax payable = unit tax × The conversion standard of the unit of measurement of the import quantity of goods subject to excise tax is as follows:

1 ton of beer = 988 liters

1 ton of yellow rice wine = 962 liters

1 ton of gasoline = 1388 liters

1 ton of diesel = 176 liters

the calculation example of excise tax is as follows:

a company imports 1000 cases of beer with 24 tins per case and 335ml net weight per tin, The price is cifus $10 000 100 to RMB 824. The general tariff rate is 7.5 yuan / L, and the consumption tax rate is 220 yuan / T

quantity of imported beer: 335ml × 1 000 × twenty-four ÷ 1 000ml = 8040l = 8.1377t

tariff: 7.5 yuan × 8 040 = 60 300 yuan

consumption tax: 220 yuan × 1377 = 1790.29 yuan

Value added tax (1) tax rate: China's VAT taxable goods are all levied at ad valorem rate, and the basic tax rate is 17%. However, for some important materials related to the national economy and people's livelihood, the value-added tax rate is 13%

the VAT rate of the following goods is 13%:

1

Water, heating, air conditioning, hot water, gas, liquefied petroleum gas, natural gas, biogas and coal procts for residents

3. Books, newspapers and magazines

Feed, chemical fertilizer, pesticide, agricultural machinery, agricultural film

Metal ore and non-metal ore procts (excluding gold powder and forged gold, they are zero tax rate)

Other goods stipulated by the State Council

According to the Provisional Regulations of the people's Republic of China on value added tax, the value-added tax is collected by the tax authorities and the value-added tax on imported goods is collected by the customs. For taxpayers exporting goods, the tax rate is zero. The value-added tax on personal articles carried or mailed into China for personal use shall be calculated and levied together with the customs ties. The calculation formula of component tax price is as follows:

component tax price = customs ty paid price + customs ty + consumption tax amount

calculation formula of value-added tax amount:

tax payable = component tax price × Value added tax rate

< H2 > extended data

service charge

customs supervision service charge refers to the service charge charged by the Customs for the supervision and management of tax reced, ty-free and bonded goods in accordance with the measures of the customs of the people's Republic of China on the collection of customs supervision service charge for import tax reced, ty-free and bonded goods

(1) scope of collection the customs supervision service charge is only levied on the imported goods with tariff rection or exemption and bonded goods, and the specific scope is as follows:

1

2

3

Domestic institutions and enterprises use foreign government or international financial organization loans to import ty-free goods

5; Goods and materials imported by foreign-funded enterprises for business purposes and goods and materials still subject to tax rection and exemption after processing for domestic sale

6. Imported raw materials, materials, accessories, parts, components and packaging materials within the project of processing with imported materials and processing with supplied materials, as well as those provided by foreign merchants, which are allowed to be imported for processing and re export after assembly in China temporarily and ty-free

7

Other import goods specified by the State Council for ty rection or exemption

9. Import goods with temporary ty rection or exemption approved by the General Administration of customs or the General Administration of Customs in conjunction with the Ministry of Finance in accordance with the provisions of the State Council

the following goods without tax, tax exemption or bonded goods are exempted or temporarily exempted from customs supervision service charge:

1

Materials donated free of charge by foreign governments and international organizations

3. Gifts given by foreign organizations and indivials and materials donated by overseas Chinese and compatriots from Hong Kong, Macao and Taiwan for public welfare

Materials for disaster relief

The equipment and articles for the disabled, as well as the machinery and equipment imported from the welfare factory for the disabled

6. Official supplies imported by foreign institutions enjoying diplomatic privileges and immunities

7. Import goods damaged before customs release and granted ty rection or exemption

8

9. The goods that are not processed after import and stored in bond for less than 90 days are transferred for re export

10

11

12. Other tax relief and bonded goods with special permission from the State Council and the General Administration of customs

(2) collection standard the customs supervision service charge shall be collected according to the following standards:

1. In the process of incoming material processing and incoming material processing, the re export goods of processing and assembling mechanical and electrical procts shall be collected according to 1.5 ‰ of the CIF price of the goods approved by the customs

The advanced technology and equipment introced in the processing of incoming materials, as well as the materials and parts imported for processing jewelry, fur, high-end clothing, woven sweaters and sweater pieces, and plastic toys, shall be levied according to 1 ‰ of the CIF price of the goods approved by the customs

(3) for the goods that are stored in bond for more than 90 days (including 90 days) after import and transferred for re export without processing, the tariff shall be charged at 1 ‰ of the customs value

Import ty-free goods shall be charged according to 3 ‰ of the CIF price of the goods approved by the customs

5. Import goods with tax rection shall be charged at 3 ‰ of the CIF price of the goods with tax dection

Other imported bonded goods shall be charged according to 3 ‰ of the CIF price of the goods approved by the customs

(3) time limit and method of payment according to the regulations, the consignor or or the agent of import ty-free goods and bonded goods is the payer of customs supervision fees

the fee payer shall pay the service charge to the Customs within 7 days from the day after the customs issues the supervision service charge payment certificate. In case of overe payment, the customs shall, in addition to pursuing the payment in accordance with the law, impose a fine for overe payment of 1 ‰ of the total amount of the handling charge on a daily basis from the e date to the date when the handling charge is paid. The starting point of overe fine is RMB 50, and those less than RMB 50 will be exempted

the customs supervision fee should be collected by the port customs when the goods are imported, and in special cases, it can be collected by the competent customs when examining and approving the goods with tax rection or exemption. After collecting the service charge, the customs shall issue a certificate of payment to the payer

calculation example of customs supervision service charge:

a domestic company imports a batch of materials for the purpose of assembling and exporting mechanical and electrical procts, with CIF Shanghai of 180000 yuan. After importing, it will be bonded and stored for 100 days, and then it will be re exported without processing. How much is the customs supervision service charge

It is stipulated by the customs that for the unprocessed and re exported goods stored in bonded storage for more than 90 days (including 90 days) after import, the customs supervision service charge shall be charged at 1 ‰ of the customs value

regulatory fee amount = CIF price of goods × Service charge rate

customs supervision service charge for this batch of goods = 180000 yuan × 1 ‰ = 180 yuan