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Can the property company hold activities to buy flowers be deducted?
According to relevant information: Yes, according to the Notice of the Ministry of Finance, People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on Relevant Policies of Degenerate VAT Rate (Caishui No.201737) and the Notice of the General Administration of Customs of the Ministry of Finance on Relevant Policies of Deepening VAT Reform (Announcement No.39 of the General Administration of Customs of the Ministry of Finance), Notice of the Ministry of Finance on Adjusting the VAT Rate (Caishui 2066) If a taxpayer purchases agricultural products and obtains (issues) an agricultural product sales invoice or purchase invoice, the input tax shall be calculated according to the agricultural product purchase price indicated on the agricultural product sales invoice or purchase invoice and the deduction rate of 9%; If the taxpayer purchases agricultural products for the production, sale or entrusted processing of goods at the tax rate of 13%, the input tax shall be calculated at the deduction rate of 10%. Therefore, the property company can calculate the input tax according to the purchase price and the deduction rate of 9% for the tax-free invoices of flowers and trees.
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