Value-added tax (tax rate 3%), value-added tax = tax-included income/1.03*3%, value-added tax (urban construction tax 7%, education tax 3%, local education tax 2%), value-added tax = value-added tax * 12%.

Enterprise income tax (the taxable income rate approved by the tax authorities is 10%, the enterprise income tax rate is 25%, and the enterprise income tax is reduced or exempted by 60% for qualified small-scale low-profit enterprises), and the enterprise income tax = income * 10%*25%*40%= income * 1%.

Extended data

According to the deployment of State Taxation Administration of The People's Republic of China, from April 20 19 1 day, the project with the VAT rate of 16% will be taxed at 13%, mainly involving manufacturing and other industries; Items subject to 10% tax rate are taxed at 9% tax rate, mainly involving transportation, postal services, construction, real estate, basic telecommunications services and agricultural products; Keep the first tax rate unchanged at 6%.

Mainly involved in modern service industry, financial industry, life service industry and value-added telecommunications services. The reduction of VAT rate benefits 360,000 ordinary taxpayers in Hebei Province.

In order to ensure that taxpayers can issue invoices smoothly from April 1 day, Hebei Provincial Taxation Bureau took the lead in completing the upgrade of invoicing software for 360,000 general taxpayers in the whole province from March 18 to March 27, which was the first in the country and laid a good foundation for deepening the reform of value-added tax.

People's Daily Online-From April 1 day, all cities in Hebei Province can issue new VAT invoices.

Hebei Institute of Civil Engineering and Architecture —— The tax rate of ordinary VAT invoices issued by our school has been greatly reduced.