As an important part of my country's national economy and a pillar industry of the national economy, the real estate industry has made great contributions to the economy, finance and people's livelihood. Generally speaking, real estate occupies a key position in my country's economic and social development, and plays an important role in economic growth, finance and people's livelihood. About 30% of China's GDP comes from various activities in real estate and its supply chain, including the use of inputs such as steel, cement, glass, and labor in the construction, maintenance and upgrading process. In addition, in terms of finance and finance, the real estate industry contributes about 40% of fiscal revenue through channels such as land transfer income, related taxes, government bonds and land mortgage loans.
These data show that the real estate industry plays a vital role in my country's economic and social development. It not only directly creates a large number of employment opportunities, but also promotes the development of other industries through the linkage effect of related industrial chains. In addition, the real estate industry is also an important source of fiscal revenue for local governments, providing financial support for the government's infrastructure construction and social development.
The business of real estate enterprises revolves around real estate development projects, which has unique tax characteristics of the industry. The development project has a long cycle, involves many administrative departments, a large amount of investment, complex tax-related business, many types of taxes and special calculation methods. For example, different real estate development projects can choose different value-added tax calculation methods, and the determination of sales and input tax credit policies are also different due to different tax calculation methods. In the pre-sale stage of product development, value-added tax and surcharges need to be paid in advance according to the advance receipts, and corporate income tax should be paid according to the estimated gross profit; when the developed product is completed, value-added tax and surcharges should be paid according to the sales area and contract, and The enterprise income tax shall be paid according to the actual sales situation, the development cost incurred, and the expense adjustment.
Real estate companies are facing complex tax issues, how to reasonably avoid tax risks has become an important aspect of corporate management. In response to this problem, Yonyou BIP Tax Cloud provides a comprehensive solution:
1. Room number associated with integrated billing
The real estate sales system can initiate invoicing, redemption, and invalidation requests, and the invoice information can be automatically generated according to the housing information. The system can be connected to the taxation platform, call the invoicing interface and directly connect to the tax office to perform invoicing, redemption, and void operations. The billing status and invoice data will be written back in real time, and the blue invoice can be printed and delivered online. These invoices will be directly associated with the room, and business and ticket data will be stored in the sales invoice pool.
2. Tax calculation and declaration in the real estate industry
According to the industry characteristics of real estate enterprises, we have independently created modules such as real estate industry collection business management, value-added tax prepayment, and land value-added tax prepayment. Through these solutions with characteristics of the real estate industry, industrialized tax calculation and declaration can be realized to better meet the management needs of real estate companies.
3. Tax statistical analysis
From the perspective of strengthening the overall tax management and control of the group, the focus of tax statistics and analysis lies in tax-related data submission and statistical analysis. We improve the management of tax-related data by establishing data standards and norms, and use information technology to connect and integrate tax-related data distributed in various systems to make better use of tax-related data. Based on the collected business, financial, and tax-related data information, the system automatically generates statistical analysis charts and statistical analysis reports according to the predefined analysis topics and analysis models, and realizes multi-dimensional query and statistics by administrative division, company, tax category, and period.
4. Scenario-based risk indicator design
In-depth analysis of the complete business process of the enterprise to identify potential risk scenarios and tax-related nodes, and clarify the corresponding relationship between business, accounting and tax management. In each potential risk scenario, we have added tax-related node management and risk indicators to help companies identify and reduce potential tax risks.
Adopting different solutions for different tax problems, strengthening tax management and supervision, and rationally avoiding tax risks are necessary conditions to ensure the healthy and sustainable development of enterprises. Yonyou BIP Tax Cloud helps the real estate industry take effective measures to ensure the compliance and legitimacy of the enterprise and lay a solid foundation for the long-term development of the enterprise.