What is the tax rate for value-added telecommunications services?

Provide value-added telecommunications services at a tax rate of 6%. Telecommunications services, including basic telecommunications services and value-added telecommunications services.

Value-added telecommunications services refer to the use of fixed networks, mobile networks, satellites, the Internet and cable TV networks to provide short message and multimedia message services, electronic data and information transmission and application services, Internet access services and other business activities. Satellite TV signal transfer business, according to the value-added telecommunications business to pay VAT.

The cost of telecom value-added services is generally accounted for by management fee-communication fee. The increase of expenses is included in the debit accounting, and at the same time it will lead to the decrease of monetary funds, and the decrease of assets is included in the credit accounting. The accounting treatment of paid telecom value-added service fees is,

Borrow: management fee-communication fee,

Loan: bank deposits and other subjects.

Legal basis:

Measures for the Administration of Internet Information Services

Article 7

Engaged in the business of Internet information services, it shall apply to the telecommunications regulatory agencies of provinces, autonomous regions and municipalities directly under the Central Government or the competent information industry department of the State Council for the business license of Internet information services value-added telecommunications services (hereinafter referred to as the business license).

The telecommunications regulatory agencies of provinces, autonomous regions and municipalities directly under the Central Government or the competent department of information industry of the State Council shall complete the examination within 60 days from the date of receiving the application, and make a decision on approval or disapproval. If approved, a business license shall be issued; If it is not approved, it shall notify the applicant in writing and explain the reasons.

After obtaining the business license, the applicant shall go through the registration formalities with the enterprise registration authority with the business license.