A hotel sells an unused fixed asset. Original value 13500, depreciation 5250, selling price 10500, deposited in the bank.

For the sale of other used fixed assets belonging to goods, the tax treatment method is more complicated.

First of all, it should be clear whether sales activities should pay value-added tax or business tax. The sale of fixed assets belonging to self-use goods belongs to the sale of movable property and should be within the scope of value-added tax collection. According to the provisions of Article 29 of the Detailed Rules for the Implementation of the Provisional Regulations on Value-added Tax, other individuals whose annual taxable sales exceed the standard of small-scale taxpayers shall pay taxes according to small-scale taxpayers; Non-enterprise units and enterprises with infrequent taxable activities may choose to pay taxes according to small-scale taxpayers. Of course, it is an unusual taxable behavior for business tax taxpayers to sell their used fixed assets. Therefore, business tax taxpayers selling old fixed assets should be managed as small-scale taxpayers and pay VAT.

Secondly, it is necessary to clarify how to calculate the tax amount. According to Article 2 of the Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China, on the Policy of Applying Low VAT Rate to Some Goods and Collecting VAT by Simple Methods (Caishui [2009] No.9), small-scale taxpayers sell their used fixed assets and collect VAT at a reduced rate of 2%. Small-scale taxpayers selling old goods other than their fixed assets are subject to VAT at the rate of 3%. The Notice of State Taxation Administration of The People's Republic of China on the Management of Simple VAT Collection Policy (Guo [2009] No.90) stipulates that small-scale taxpayers who sell their used fixed assets and second-hand commodities shall determine the sales amount and tax payable according to the following formula: sales amount = sales amount including tax ÷( 1+ 3%), and tax payable = sales amount ×2%.