Our company intends to ask an agency import company to help import a batch of goods. I'd like to know whether the agency import company can make deductions in terms of taxation. If it can, which specific items can be deducted? Besides, is the deduction process complicated? What relevant materials need to be prepared? I hope to get a detailed answer. Thank you.
The company is engaged in agency import business, handling import procedures for customers and charging agency fees. It wants to know what taxes need to be paid. The best answer points out that generally, value-added tax is involved. The tax rate for general taxpayers is 6%, and the levy rate for small-scale taxpayers is 3%. There is also corporate income tax, with a general tax rate of 25%. If a contract is signed, stamp duty is involved. In addition, additional taxes and fees such as urban maintenance and construction tax may also be involved.
Our company entrusts Zhongshitong to conduct import business. I don't know whether to fill in the date of signing the entrusted agency contract or the date of actual import declaration of the goods. I'm worried that filling it wrong will affect subsequent operations such as customs clearance and taxation. The best answer suggests that generally, the date of actual import declaration of the goods should be filled in, because it is of great significance to subsequent processes such as customs clearance and tax calculation. You can also confirm the filling requirements with the agent.
The company intends to import goods through an agency company but is unfamiliar with the taxation policies for agency - imported goods. It asks how to levy taxes, which tax types are involved, and what the tax calculation basis is. The best answer states that agency - imported goods mainly involve value - added tax (VAT) and customs duties. Customs duties are calculated based on the dutiable value determined by the customs. VAT is calculated based on the customs - duty - paid value plus the amount of customs duties, etc. It is necessary to clarify the tax - paying entity to avoid tax risks.
I want to know about the deductible items of the agency import company in terms of taxation, and ask whether the value-added tax paid in the import process, agency fees, etc. can be deducted. The best answer points out that the value-added tax paid in the import process can be deducted if the special payment voucher for customs import value-added tax is obtained and used for taxable items; the agency fee can be deducted if a legal and valid special invoice is obtained and it is related to business activities. At the same time, attention should be paid to the authenticity and relevance of invoices and business to avoid tax risks.
The company plans to find an agency to import goods and has doubts about how to tax the goods imported through an agency, such as who should pay and what the taxation standards are. The best answer points out that it depends on the agency method to determine the payer. If imported in the name of the principal, the principal shall pay; if imported in the name of the agency company, the agency company shall pay. The taxation standards are basically the same as those for general imported goods. The tax rate is determined according to the classification of the goods, and the tax is calculated based on the customs-approved dutiable value. At the same time, special situations should be noted.
Someone asked why there is no taxation in some cases of agency imports. The best answer is that in agency imports, the agent usually only charges service fees. The actual purchaser of the goods is the consignor. Taxation for the import link taxes corresponding to the actual transaction price of the goods is borne by the consignor. The pure agency service of the agent usually doesn't levy taxes related to the goods. If there are other taxable behaviors such as concurrent sales, it's calculated separately. The key lies in the essence of the business.
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Professional consultant answers
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
The agency import company can make deductions when it complies with the relevant regulations. Generally speaking, for the special payment voucher of customs import value-added tax obtained for imported goods, if the agency import company is the taxpayer on the voucher, the value-added tax amount indicated thereon can be deducted as the input tax amount.
Moreover, for the transportation expenses, customs declaration fees, etc. that are directly related to the import business and for which legal and valid deduction vouchers are obtained, deductions can also be made in accordance with the regulations.
In terms of the deduction process, for the special payment voucher of customs import value-added tax, data collection and submission for verification need to be carried out first through the "Platform for Handling the Collection of Data of Customs Payment Vouchers and the Reception of Verification Results". After the verification is in conformity, the deduction shall be declared within the prescribed declaration period. For other deductible items, they shall be processed according to the normal process of deducting the input tax amount. The main required materials include the original of the special payment voucher of customs import value-added tax, transportation invoices, customs declaration fee invoices and other relevant vouchers.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
If the agency import company imports in the name of the consignor and the consignor obtains the special payment voucher of customs import value-added tax, then the agency import company generally cannot make deductions. Only when importing in its own name and being the taxpayer on the voucher can deductions be possible.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Besides the above-mentioned expenses, if a compliant invoice is obtained for the insurance premium of imported goods, it may also be possible to make deductions. It depends on the requirements of the local tax policies.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Attention should be paid to the time limit for deductions. The special payment voucher of customs import value-added tax needs to be applied for verification and comparison within 360 days from the date of issuance. If the verification and comparison are not carried out in time or are not in conformity, deductions cannot be made.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The agency import company should keep the import contracts, customs declarations and other materials well for the inspection of the tax authorities to prove the authenticity of the business, which is crucial for the smooth progress of deductions.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Some regions have special regulations on the deduction of transportation expenses, such as restrictions on transportation modes and scopes. Attention should be paid to the local tax documents.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
If the imported goods are used for projects exempt from value-added tax, collective welfare, etc., even if legal deduction vouchers are obtained, deductions cannot be made.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
For the customs declaration fee invoices, it is necessary to confirm that the invoice is issued in accordance with the regulations, including the invoice title, content, etc. Otherwise, it may affect the deductions.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
If the agency import company enjoys some preferential tax policies, it may have an impact on the deductions. It is necessary to understand clearly in advance.