Reference: Article 3 of the Announcement of the State Administration of Taxation on Implementing Preferential Policies for Supporting the Development of Small and Micro profit Enterprises and Individual Industrial and Commercial Households (Announcement No.
The withholding rate is 20-40%.
Individual business owners, sole proprietorship investors, individual partners of partnership enterprises, and other individuals engaged in cargo transportation business activities shall declare and pay personal income tax on business income in accordance with the law.
8 of 2021 of the State Administration of Taxation) stipulates that when issuing value-added tax invoices for the goods transportation industry on behalf of individual industrial and commercial households, sole proprietorship enterprises, partnership enterprises, and individuals, it is necessary to, No longer subject to personal income tax in advance.
Individual industrial and commercial households engaged in the construction and installation industry, construction and installation teams and individuals who have not obtained a business license to undertake construction and installation engineering operations, as well as construction and installation enterprises that change their industrial and commercial registration to an individual economic nature after implementing individual contracting, shall be subject to personal income tax based on the production and business income items of individual industrial and commercial households engaged in the construction and installation industry.
How do natural persons pay personal income tax when issuing construction invoices on behalf of others? Reply: Individuals should pay personal income tax based on their business income.
The income obtained by other personnel engaged in construction and installation engineering operations shall be subject to personal income tax according to the income items of wages, salaries, and labor remuneration How do natural persons pay personal income tax when issuing labor remuneration invoices on their behalf? Reply: The tax hall will no longer collect personal income tax, and the payer will be responsible for withholding personal income tax on labor remuneration.
How do natural persons pay personal income tax for shipping invoices and other expenses? Reply: The tax hall will no longer pre tax individual income tax.
127), it is stipulated that “the income obtained by contractors who contract various engineering operations in the construction and installation industry shall be subject to individual income tax based on different circumstances: the income obtained by the contractor from the business results shall be owned by the contractor personally, or in accordance with the contract (agreement) It is stipulated that a portion of the business results shall be retained as personal income of the contractor, and taxes shall be levied on the contracted and leased business income items of enterprises and institutions; Income obtained through other distribution methods shall be taxed according to the income items of wages and salaries.
For the behavior of withholding agents who fail to withhold taxes, the new tax law clarifies the obligation of taxpayers to declare on their own, that is, to pay before June 30th of the following year, or within the deadline notified by the tax authorities
.
Reference: According to Article 3 of the Notice of the State Administration of Taxation on the Issuance of the Interim Measures for the Collection and Management of Personal Income Tax in the Construction and Installation Industry (Guo Shui Fa [1996] No.
Individuals should declare and pay personal income tax on business income in accordance with the law.
