Not necessarily. Most corporate business tax rates are 3% and 5%. Business tax is designed with different tax rates based on different business industries, including 8%, 5%, and 3%. During the course of business operations, enterprises must pay business tax to the state, which is mandatory under Chinese law. Business tax has a very clear and relatively small scope of taxation, and can only be levied within the taxation scope specified by the state.

1. What is the corporate business tax rate?

(1) 3% for transportation industry, land transportation, water transportation, air transportation, pipeline transportation, loading and unloading;

(2) Construction, installation, repair and decoration and other engineering operations in the construction industry 3%;

(3) Finance and insurance industry 5%;

(4) Posts and telecommunications industry 3% ;

(5) Culture and sports industry 3%;

(6) Entertainment industry karaoke halls, dance halls, OK dance halls, music cafes, billiards, golf, bowling, and entertainment 5%- 20%;

(7) Service agency industry, hotel industry, catering industry, tourism, warehousing industry, leasing industry, advertising industry and other service industries 5%;

(8 ) Transfer of intangible assets, transfer of land use rights, patented non-patented technology, trademark rights, copyrights, goodwill 5%;

(9) Sales of real estate, sales of buildings and other land attachments 5%.

2. What types of taxes do enterprises have to pay?

(1) Business tax = service industry income * tax rate is 5% (suitable for companies with service industries) (monthly report); < /p>

VAT = commodity sales revenue (excluding tax) * 3% (suitable for small-scale taxpayers) (monthly report);

VAT = commodity sales revenue (excluding tax) *17% - purchase amount (excluding tax) * 17% (suitable for general taxpayers) (monthly report);

(2) Urban construction tax payable = value-added tax payable + business tax * 7% ( Monthly report);

(3) Education fee surcharge payable = value-added tax payable + business tax * 3% (monthly report);

(4) Embankment protection fee: operating income *0.1% (taxation standards vary from place to place, some places do not levy it) (monthly report);

Local education surcharge payable = value-added tax payable + business tax *2% ((levy standards vary from place to place, some places do not levy it) Not levied by local governments) (monthly report);

3. The difference between corporate business tax and income tax

1. Business tax and income tax are two different types of taxes

(1) Business tax: Units and individuals that provide services stipulated in these regulations (hereinafter referred to as taxable services), transfer intangible assets, or sell real estate within the territory of the People's Republic of China and the People's Republic of China are taxpayers of business tax (hereinafter referred to as taxpayers)

(2) Enterprise income tax: Enterprises within the territory of the People's Republic of China, except foreign-invested enterprises and foreign enterprises, shall pay enterprise income tax in accordance with these Regulations on their production, business income and other income. .

2. Different tax calculation basis

(1) The tax calculation basis for business tax provided to taxpayers is turnover, taxable services, transfer of intangible assets or sale of real estate to. All prices and extra-price fees charged by the other party. Extra-price fees include handling fees, funds, fund-raising fees, collection fees, advance payments and other extra-price fees of various natures.

(2) All net income of the enterprise, regardless of whether it is generated from production and operation income, or from the enterprise's foreign investment income and non-operating income, shall be included in the enterprise's taxable income; any income that does not belong to the enterprise shall be included in the enterprise's taxable income. Regardless of whether the formation process is directly related to the production and operation of the enterprise, it shall not be included in the taxable income of the enterprise.

Legal basis: "Tax Collection and Management Law of the People's Republic of China" 20th. Article 5 Taxpayers must truthfully handle tax returns in accordance with the declaration deadlines and declaration contents determined by the laws and administrative regulations or determined by the tax authorities in accordance with the laws and administrative regulations, submit tax returns, financial accounting statements, and pay taxes as required by the tax authorities based on actual needs. The withholding agent must truthfully submit the tax withheld and remitted, collected and remitted in accordance with the declaration deadline and declaration content determined by the laws and administrative regulations or by the tax authorities in accordance with the provisions of the laws and administrative regulations. Report forms and other relevant information that the tax authorities require the withholding agent to submit based on actual needs.