What are the more serious risks that may exist in issuing invoices to collection points with personal ID cards? Let's take a look today

(3) value-added tax risks

Lower personal VAT threshold (every time500Yuan, can not enjoy by season30At the same time, individuals generally can not issue VAT special invoices (except sales of real estate and leasing real estate), if the invoice for the general VAT taxpayer, often cause VAT double taxation.

(4) Enterprise income tax risks

If an invoice issued by an individual at the collection point is deemed to be a false invoice, it cannot be deducted before income tax, and the drawee will face the risk of paying back income tax, late fees and fines.

(5) Individual income tax risks of enterprise investors
If the enterprise investor makes false expenditures by falsely invoicing, and then the funds return to the individual investor (or related parties), then it can be presumed that the individual investor has obtained the income from wages and salaries or interest dividends, and the individual investor shall pay the individual income tax in accordance with the regulations.

(6) criminal risk

If the amount or amount of the falsely written VAT invoice reaches the criminal liability standard prescribed by the criminal law, it may constitute a criminal offense.

Second, tax planning

With personal ID card to the collection point after issuing invoices, actually solidified the relevant facts, if improper operation may cause greater losses. The author thinks, from the Angle of legal compliance invoicing, invoicing behavior should be around6These elements improve the evidence chain to ensure that billing behavior is not recognized as false by tax authorities. In addition, from the perspective of reducing the burden of value-added tax and individual income tax, issuing invoices in the name of individual industrial and commercial households has more tax saving effect.

CycloseThe company is committed to providing domestic and foreign customers in Hong Kong, Singapore, Dubai and other areas of the company account audit, registration annual inspection and domestic and foreign tax planning business. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.