Review of the consumption tax simple taxation system
The tax classification of consumption tax simplified chemicals will be divided into 6 categories from the taxation period starting on or after April 1, 2015 as follows.
1. Type 1 Wholesale
Procurement rate = 90% of sales amount
2. Type II retail business
Percentage purchase rate = 80% of sales amount
3. Third kind manufacturing industry etc.
Procurement purchase rate = 70% of sales amount
4. Type 4 other business
Procurement rate = 60% of sales amount
5. Type 5 service industry etc.
Procurement purchase rate = 50% of sales amount
6. Type 6 real estate business
Quantity purchase rate = 40% of sales amount