Who is responsible for tax refund in agency goods import and export? Come and find out!
Solved#Export tax rebate#
Our company plans to find an agent to assist with the goods import and export business. Now, there is a question that is not clear, that is, who is responsible for tax refund in agency goods import and export? Is it the principal or the agent? Tax refund involves a lot of interests, and we want to figure it out in advance to avoid potential disputes in the future. We hope that professionals can help answer this question, and it would be best to explain in detail how it is regulated under different circumstances.
Professional consultant answers
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Generally, tax refund for agency goods import and export is divided into two situations. If it is goods exported through agency, the principal handles the tax refund. The principal needs to collect relevant certificates within the specified time and declare to the competent tax authority for the tax refund (exemption) procedures of exported goods. Because the principal is the actual owner and seller of the goods, bearing the risks and benefits of goods export.
The other situation is that a production enterprise entrusts a foreign trade enterprise to export its self - produced goods. The "exemption, credit, and tax refund" method is implemented, and the principal also declares for tax refund. However, it should be noted that the agent needs to provide relevant export certificates to the principal in a timely manner. When the principal declares for tax refund as required, it should ensure the authenticity of the export business and the completeness and compliance of the materials. In general, tax refund for agency goods import and export is mainly handled by the principal, but the specific operation still needs to follow relevant tax regulations and procedures.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Usually, it is the owner of the goods who gets the tax refund, that is, the principal. The agent only helps with import and export affairs and is not involved in the ownership of the goods, so generally does not get the tax refund.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
If the agent exports in its own name and meets the relevant regulations on goods regarded as self - produced, the agent can also get the tax refund, but this situation is rare, and mostly it is the principal who gets the tax refund.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Generally, for foreign trade enterprises acting as agents for exports, the principal provides complete tax refund materials to the tax authority, and the principal handles the tax refund, with the agent playing an assisting role.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
In actual operation, indeed, it is mostly the principal who gets the tax refund. Because the principal is the main bearer of the rights and interests related to the goods, so the principal is also the subject of tax refund.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
For agency goods import and export, tax refund depends on the contract agreement and the actual business model, but the mainstream is that the principal gets the tax refund, and the agent assists in preparing materials.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
According to tax regulations, for goods exported through agency, in principle, the principal gets the tax refund, which can ensure that the tax refund is in line with the actual situation of the goods.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Basically, it is the principal who gets the tax refund, because from procurement to export, the principal is the main participant, so the tax refund naturally goes to the principal.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
For tax refund in agency goods import and export, in most cases, the principal handles the tax refund. If there are special circumstances, you can consult the local tax department.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Generally, it is the principal who gets the tax refund. As long as the principal prepares the tax refund materials as required, it can apply to the tax authority for tax refund.