Transportation Expense Reimbursement and Deduction of Input Tax, These Precautions Must Be Understood!

Transportation expenses are an essential cost in the production and operation of enterprises. What issues should be paid attention to when reimbursing and deducting input tax? Can common types of transportation bills serve as input tax deduction vouchers? How to determine the deductible input tax amount... Hargent provides you with a detailed analysis and summarizes six high-frequency issues for enterprises to refer to when actually reimbursing.

2024-01-12 Zhao Sainan

Tax Analysis and Corresponding Suggestions on the New Policy of Ordinary Residence

On December 14, 2023, Beijing and Shanghai simultaneously introduced optimization policies for the real estate industry, adjusting the standard for ordinary residence, lowering down payments and interest rates, aiming to meet residents' housing needs and promote the healthy development of the market. This article takes Beijing as an example to explore the impact of the adjustment of ordinary residence standards on the land appreciation tax of real estate enterprises, and provides corresponding suggestions.

2024-01-12 Wang Daming　　Zhao Qian

Discussion on the Tax Treatment of Upfront Land Costs Under the Urban Renewal Model

Urban renewal has become an important way for real estate companies to obtain land resources. Under various modes of urban renewal, the tax treatment of upfront land costs is a focus issue. In order to ensure that upfront land costs can be deducted before tax, what kind of bills real estate companies should obtain is a key issue. This article will explore the tax treatment of upfront land costs under the urban renewal model.

2023-12-12 Wang Daming　　Chen Jing　　Di Jialing

A Brief Analysis of Value Added Tax Between “Domestic” and “Completely Overseas”

Since our country proposed the "The Belt and Road" initiative, many countries have responded positively. Countries along the Belt and Road have strengthened economic and trade cooperation and promoted the process of economic integration. Tax-related issues arising from bilateral trade have also attracted attention of enterprises. Based on actual cases, this article analyzes the "domestic" and "completely overseas" value added tax issues involved in domestic enterprises purchasing services, intangible assets, and real estate from overseas enterprises, and provides practical tax-related management suggestions.

2023-12-12 Zhang Shuangli　　Zhang Wenwen　　Xiong Baoyan

Vietnam's Minimum Tax Legislation Passed, Can Foreign Companies That Need to Pay Additional Taxes Apply for Non-tax Subsidies?

On November 29, National Assembly of the Republic of Vietnam passed a minimum tax resolution. Although foreign companies need to pay additional taxes, there are new non-tax subsidies available. The International Department of Hargent brings you the latest observations.

2023-12-12 Wu Xiaoqiang

The Risk of "Inconsistent Income Between the Two Taxes" May Be Due to These Circumstances!

Recently, many taxpayers have received risk warnings from tax authorities due to significant income differences between their value added tax returns and income tax returns. Why does this difference occur? How to respond? Hargent will give you an in-depth analysis to help you deal with the differences and ensure tax compliance.

2023-12-12 Li Cuicui　　Cuihua

Listed Construction Enterprises“One Profit and Five Ratios” Operating Analysis 6: Significant Fluctuations in Operating Cash Ratio

In 2023, State-owned Assets Supervision and Administration Commission of the State Council optimized the central enterprise operation indicator system to "one profit and five ratios", which includes total profit, asset liability ratio, operating cash ratio, return on net assets, R&D investment intensity, and overall labor productivity. Hargent Research Institute and China Construction Enterprise Management Association compiled and published the "Research Report on Finance and Taxation of Listed Companies in the Chinese Construction Industry", which analyzes the trend and characteristics of the "one profit and five ratios" of listed construction enterprises in the past four years from the perspectives of overall situation, key detailed industries, and leading enterprises (top 20 enterprises in terms of operating income). This article is an analysis of operating cash ratio.

2023-11-07 Hargent

Analysis of the Main Changes in the Second Review Draft of the Value Added Tax Law and Its Impact on Enterprise Tax Management

The second draft of the value-added tax law has been submitted for review recently. What are the changes compared to the current value-added tax policies? What impact will it have on enterprise tax management? We have recently sorted out ten major policy changes and analyzed their main impacts on the daily operation and tax management of enterprises. Take a look!

2023-10-23 Zhang Xingyan　　Wen Haiping　　Zhang Qian