1. For ordinary taxpayers, the purchase of movable property for production and operation can be deducted from the input tax, so the recorded value of fixed assets does not include the input tax (value-added tax).

2. If the purchase of real estate cannot be deducted from the input tax, then the recorded value of fixed assets (assets used by welfare departments) will include the input tax (value-added tax).

3. For small-scale taxpayers and non-VAT taxpayers, no matter what assets they buy, their input tax (VAT) is included in the fixed assets.

Extended data:

Scope of value-added tax collection

General scope

The scope of taxation of value-added tax includes the sale (including import) of goods and the provision of processing, repair and replacement services. ?

Special project

1, goods futures-goods futures are subject to value-added tax, and taxes are paid in the physical delivery link;

2. The business of selling gold and silver by banks;

3. The pawnbroker sells dead goods;

4. Consignment business sells goods consigned by customers;

5. Other units and individuals outside the postal department produce, distribute and sell philatelic products.

Special behavior

Regarded as sales: The following eight acts are regarded as selling goods in the VAT Law, and all of them are subject to VAT.

1. Deliver the goods to others for consignment;

2. Selling goods on behalf of others;

3. Transferring goods from one place to another (except the same county and city);

4. Use the self-produced or entrusted goods for non-taxable items;

5, the production, commissioned processing or purchase of goods as an investment in other units;

6. Distribute the self-produced, commissioned or purchased goods to shareholders or investors;

7. Use the self-produced or entrusted goods for employee welfare or personal consumption;

8. Give the self-produced, commissioned or purchased goods to others free of charge.

References:

Baidu encyclopedia: value-added tax