In recent years, the importance of developing cross-border e-commerce models for agricultural product exports has become more and more obvious. my country is a traditional agricultural country. The export of agricultural products can not only increase national tax revenue, but also make up for the losses of other imported goods. However, nowadays, the export of agricultural products is a weakness of my country’s export industry. Firstly, there is a lack of talents in agricultural products, and secondly, related companies do not have international financial knowledge and e-commerce knowledge. Issues such as import and export customs declaration and tax rebates for agricultural products, settlement, and after-sales are all important reasons that hinder my country’s traditional enterprises from entering cross-border e-commerce. So how does my country tax cross-border e-commerce agricultural products?
my country’s agricultural product tax policy states that vegetables sold by taxpayers engaged in vegetable wholesale and retail are exempt from value-added tax. If the seller company meets the conditions for VAT exemption, financial processing, debit: cash or accounts receivable, credit: main business income, excluding VAT output tax, carry-forward costs, exemption from turnover tax, of course, additional Taxes are also not required to be withdrawn.
According to tax policies, the deduction rate for input tax on agricultural products is the applicable tax rate for sales of goods. For VAT taxable sales or imported goods, the tax rate applicable to the original 16% tax rate is adjusted to 13%, and the tax rate applicable to the original 10% tax rate is adjusted to 9%. The above regulations will be implemented from April 1, 2019. Therefore, if the VAT rate applicable to sales in April 2019 is 13%, the goods should be deducted at the rate of 9%.
Enterprises engaged in the following income are exempt from corporate income tax:
(1) Planting vegetables, grains, potatoes, oil, beans, cotton, hemp, sugar, fruits and nuts;
(2) Breeding of new crop varieties;
(3) Cultivation of traditional Chinese medicinal materials;
(4) Planting trees;
(5) Raising livestock and poultry;
(6) Collecting forest products;
(7) Irrigation, primary processing of agricultural products, veterinary drugs, agricultural technology promotion, agricultural machinery operation and maintenance, etc. Fishery services;
(8) Ocean fishing;
If an enterprise has any of the following circumstances, the corporate income tax will be halved:
(1) Planting flowers , tea and other beverage crops and spice crops;
(2) Marine aquaculture and inland aquaculture.