Export tax rebate refers to a measure in which part or all of the domestic tax levied on export commodities is refunded to the exporter. It is a necessary knowledge for foreign trade people to calculate the export tax rebate rate. How is the export tax rebate rate calculated? Export tax rebate rate calculation formula The calculation of export tax rebate after collection and withdrawal is divided into two parts: taxation calculation and tax refund calculation. The calculation formula of taxation is: output tax of export goods = FOB price of export goods × foreign exchange RMB price × tax rate; current tax payable Amount = output tax of domestic goods + output tax of exported goods – input tax. The calculation formula of tax refund is: amount of tax refundable = FOB price of exported goods × foreign exchange RMB price × tax refund rate. In the process of applying for export tax rebate (tax-free), the same export goods will generally get different results after using different export tax rebate methods. Therefore, when you choose the export tax rebate method, you must be careful to choose the one that is most beneficial to the company.
