Who exactly does the export tax rebate for consignment agency belong to? Come and find out!
Solved#Export tax rebate#
Our company intends to consign an agency company to export goods. Now I'd like to know who the export tax rebates for consignment agency belong to? Do they belong to the consignor or the agent? Are there any special regulations or situations that need to be noted? I'm afraid of having disputes with the agent over the ownership of tax rebates later, so I want to figure it out in advance. I hope to get a professional and detailed answer.
Professional consultant answers
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
The export tax rebates for consignment agency generally belong to the consignor. This is because the consignor is the actual exporter of the goods and bears the profits and losses of the export sales of the goods, so it should naturally enjoy the tax rebates.
In actual operations, the consignor and the agent need to sign a consignment agency export agreement, and the agreement should clearly stipulate the ownership of the tax rebates to avoid disputes. If the agreement does not stipulate, according to relevant tax regulations and conventions, it also belongs to the consignor.
When the consignor applies for tax rebates, it needs to provide the agency export agreement, the customs declaration form of exported goods, export invoices and other materials. The responsibility of the agent is mainly to assist the consignor in handling the export tax rebate procedures, rather than obtaining the tax rebates. However, if the agent has advanced relevant expenses during the agency process, it can negotiate with the consignor to deduct the corresponding amounts from the tax rebates.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Normally, whoever is the owner of the exported goods gets the tax rebates. In consignment agency exports, the consignor is the owner of the goods, so the tax rebates belong to the consignor.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
The ownership of tax rebates depends on how the contract is signed. If the contract clearly states that it belongs to the consignor, then it definitely belongs to the consignor. So this point must be made clear when signing the contract.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
According to regulations, for consignment agency export business, the tax rebates belong to the consignor. The agent is only helping with the procedures and cannot take the tax rebates.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Generally, it is defaulted that the tax rebates belong to the consignor. If the agent has participated in situations such as advancing funds, a portion of the tax rebates may be negotiated for sharing, but the prerequisite is also that the consignor agrees.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Definitely belongs to the consignor. The agent is only providing agency services. The tax rebates have nothing to do with them. This is basic common sense.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
In consignment agency exports, the consignor is the main body of export, so the tax rebates naturally belong to the consignor. The agent cannot withhold them privately.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Principally, the tax rebates belong to the consignor. If the agent has made special contributions, both parties can discuss in the agreement and appropriately give the agent some remuneration.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Normally, the consignor gets the tax rebates. The agent can only charge the agency fee and cannot covet the tax rebates.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The tax rebates belong to the consignor. However, if the consignor defaults on the agency fee, the agent may be able to find a way to get back the arrears from the tax rebates.