Calculation formula of monthly net profit of hotel

The value-added tax burden of the hotel service industry is about 3%, so if the value-added tax is paid 1.4 million, then:

(1) Hotel monthly net profit income = monthly turnover-(monthly turnover /3%+ monthly taxable income/10%).

(2) (If the taxable income is calculated as 10%, the taxable income (before tax) = taxable income/10%).

Because the specific business situation, scale and policy environment of each enterprise are different, it is for reference only.