Therefore, it is not required to recognize the income of corporate income tax at the time of advance collection invoicing.
Source: Hao Shouyong, Tax Treasury Shandong.
.
45 of the State Administration of Taxation 2017), the appendix: “Taxpayer’s Classification Code Table for Goods and Services”, the taxpayer provides construction services to obtain advance payment, and the combined code at the time of invoice issuance is 612000000000000, and the name of goods and services is construction services advance payment.
58): Article 45 (2) of the Implementation Measures for the Pilot Implementation of Replacing Business Tax with Value-added Tax (CS No.
Party A requires us to issue an invoice.
We are a construction enterprise and have received an advance payment today.
Can we issue an invoice? Reply: The construction enterprise has received the advance payment, and the VAT payment obligation has not occurred.
Note: At the time of advance collection invoicing, the construction enterprise has not provided substantive services, and the corporate income tax liability has not yet been generated.
According to the Announcement of the State Administration of Taxation on Several Issues Concerning the Administration of Value-added Tax Invoices (Announcement No.
2.
Scaffolding Ringlock System Ledger End
Article 2 of the Notice of the Ministry of Finance and the State Administration of Taxation on the Pilot Policy of Replacing Business Tax with Value-added Tax for Construction Services (CS [2017] No.
201636) is revised to read “Where the taxpayer provides leasing services in the form of advance payment, its tax liability occurs on the day of receiving the advance payment”.
Reference: 1.
It is not allowed to issue invoices with tax rate, but can issue invoices without tax.
