What are the tax rates for replacing business tax with value-added tax?

"Notice of the Ministry of Finance and the State Administration of Taxation on Comprehensively Launching the Pilot Program of Replacing Business Tax with Value-Added Tax" (Caishui [2016] No. 36): Attachment 1 "Implementation Measures for the Pilot Program of Replacing Business Tax with Value-Added Tax":

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Article 15 Value-Added Tax Rate:

(1) The taxpayer shall engage in taxable conduct, except as provided in Items (2), (3) and (4) of this Article In addition, the tax rate is 6%.

(2) Providing transportation, postal services, basic telecommunications, construction, and real estate leasing services, selling real estate, and transferring land use rights, the tax rate is 11%.

(3) Providing tangible movable property leasing services, the tax rate is 17%.

Many adjustments were made after 2011. Specifically:

Time: January 1, 2012 to June 30, 2017

Policy content: Based on the current VAT standard rate of 17% and low tax rate of 13% , adding two new low tax brackets of 11% and 6%. A 17% tax rate applies to the leasing of tangible movable properties, an 11% tax rate applies to the transportation and construction industries, and a 6% tax rate applies to other modern service industries.

Policy basis:

"Notice of the Ministry of Finance and the State Administration of Taxation on Issuing the Pilot Plan for Replacing Business Tax with Value-Added Tax" (Caishui [2011] No. 110)

< p>"Notice of the Ministry of Finance and the State Administration of Taxation on comprehensively launching the pilot program for replacing business tax with value-added tax" (Caishui [2016] No. 36)

July 1, 2017 to April 30, 2018< /p>

Policy content: Starting from July 1, 2017, the value-added tax rate structure will be simplified and the 13% value-added tax rate will be cancelled. Taxpayers who sell or import the following goods are subject to a tax rate of 11%: agricultural products (including grain), tap water, heating, liquefied petroleum gas, natural gas, edible vegetable oil, air conditioning, hot water, gas, coal products for residential use, edible salt, agricultural machinery, and feed. , pesticides, agricultural films, chemical fertilizers, biogas, dimethyl ether, books, newspapers, magazines, audio and video products, electronic publications.

Policy basis: "Notice of the Ministry of Finance and the State Administration of Taxation on Policies Consolidating Value-Added Tax Rates" (Caishui [2017] No. 37)

Time: May 1, 2018 Until March 31, 2019

Policy content: From May 1, 2018, if a taxpayer engages in VAT taxable sales or imports goods, the tax rates of 17% and 11% are originally applicable. Adjusted to 16% and 10% respectively.

Policy basis: "Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting the Value-Added Tax Rate" (Caishui [2018] No. 32)

Time: April 1, 2019 to the present

Policy content: Starting from April 1, 2019, when general VAT taxpayers (hereinafter referred to as taxpayers) engage in VAT taxable sales or import goods, if the original 16% tax rate is applicable, the tax rate will be adjusted to 13% ; If the original applicable tax rate of 10% is adjusted to 9%.

Therefore, the current VAT rates are 13%, 9%, 6% and 0%.