the scope of business tax can be summarized as: taxable services provided in the People's Republic of China, transfer of intangible assets and sale of real estate.

Business tax collection:

1. Units or individuals that provide or accept taxable services are in China;

2. The recipient of the transferred intangible assets (excluding land use rights) is in China;

3. The land whose land use right is transferred or leased is within the territory;

4. The real estate sold or leased is in China.

calculation method:

1. business tax payable = taxable turnover × applicable tax rate;

2. Turnover refers to the total price and extra-price expenses charged by taxpayers to the other party for providing taxable services, selling or renting intangible assets and selling real estate. Out-of-price charges include fees, funds, collection fees, collection funds and other out-of-price charges of various nature;

3. The business tax rate adopts different proportional tax rates according to different industries and categories. Transportation is 3%, sale and lease of intangible assets is 5%, and sale of real estate is 5%.

Tips: The above information is for reference only, and no suggestions are made. You can log in to Ping An Pocket Bank APP- Finance-Wealth Management, search for the name or code of wealth management products, and view the detailed product specifications for understanding and purchasing.

Response time: December 17th, 221. Please refer to the latest business changes announced by Ping An Bank in official website.