Traditional Culture Encyclopedia - Travel guide - Which tax burden is higher, differential taxation of travel agencies, value-added tax or full invoicing?

Which tax burden is higher, differential taxation of travel agencies, value-added tax or full invoicing?

Which tax burden is higher, differential taxation of travel agencies, value-added tax or full invoicing?

The answer is as follows: differential taxation is a deduction method to solve those items that cannot be deducted from the VAT input invoice, so as to avoid repeated taxation after the reform of the camp, while differential invoicing is just a invoicing method, which is divided into two types. One is that special VAT invoices cannot be issued for the difference, and the other is that special VAT invoices can be issued for the difference. If the policy does not stipulate that the difference cannot be invoiced, it means that the next link is allowed to be fully deducted, which is the so-called "difference taxation, full invoicing". In this way, the seller invoices in full, and the buyer can deduct the tax in full if it meets the requirements, thus reducing the tax burden of the seller's inability to obtain the input invoice, and the interests of the buyer are not affected. For the "differential taxation" that can issue special VAT invoices in full, the tax after the differential should be reflected through declaration, not "differential invoicing".