According to the "Pawn Management Measures", the businesses that pawn companies can engage in include: pawning business of chattel pledge; Property pledge pawn business; Real estate mortgage pawn business (excluding real estate in other provinces, autonomous regions and municipalities directly under the Central Government or projects under construction without pre-sale permit for commercial housing); Selling unqualified items within the limit; Identification, evaluation and consulting services; Other pawn business approved by the Ministry of Commerce according to law.

The value-added tax income involved by pawn companies mainly includes: the interest income obtained from pawn business is subject to value-added tax. According to the Measures for the Administration of Pawn, the pawn interest rate is converted according to the 6-month statutory loan interest rate of banking institutions and the pawn period announced by the People's Bank of China, and the pawn interest shall not be withheld.

The change from business tax to value-added tax mainly involves transportation and some modern service industries. Transportation includes land transportation, water transportation, air transportation and pipeline transportation. Modern service industries include: R&D and technical services, information technology services, cultural and creative services, logistics auxiliary services, tangible movable property leasing services, and judicial expertise consulting services.

According to the experience of Shanghai pilot project, the tax burden of enterprises has been reduced after the reform. Business tax is calculated and paid according to the full amount of income. After changing to value-added tax, some costs can be deducted, which can actually reduce the tax burden.

Extended data:

Contents of value-added tax:

In practice, it is difficult to accurately calculate the added value or additional value of commodities in the process of production and circulation. Therefore, China also adopts the method of tax deduction, which is a widely used method in the world.

That is, according to the sales of goods or services, the sales tax is calculated at the prescribed tax rate, and then the value-added tax paid when obtaining goods or services is deducted, that is, the input tax, and the difference is the taxable amount of the value-added part. This calculation method embodies the principle of taxation according to value-added factors.

The collection of value-added tax usually includes all links in the production, circulation or consumption process. It is a neutral tax based on value-added or price difference. Theoretically, it includes all agricultural industries (planting, forestry and animal husbandry), mining, manufacturing, construction, transportation and commercial services. Or all links of raw material procurement, manufacturing, wholesale, retail and consumption.

Sales tax belongs to regressive tax, which is an indirect tax based on the value-added of goods or services. It is called Goods and Services Tax (GST) in Australia, Canada, New Zealand and Singapore, and consumption tax in Japan. Value-added tax was invented by French economist Maurice Laurie in 1954, and 45% of the French government's income comes from value-added tax.

Baidu Encyclopedia-VAT