Can the mortgage interest be refunded?

In fact, mortgage interest can't be refunded, but after deducting personal income tax, taxpayers can pay less taxes, so they can get more income. The mortgage interest expense can be deducted by one tax per month 1000, and the deduction time cannot exceed 240 months. If the mortgage is the first suite, it is in the repayment state.

Tax refund means that for some reason, the tax authorities will refund the tax paid to the original taxpayer according to the prescribed procedures.

Mainly includes:

(1) Various symptoms caused by work mistakes.

(2) Policy tax refund. Due to the change of tax policy.

(3) Tax refund for other reasons. Tax Refund Procedure: Taxpayers apply to the tax authorities for tax refund, which will be handled according to different situations after approval. 2065438+08 2065438+08108 People's Republic of China (PRC) Li Keqiang, Premier of the State Council of the People's Republic of China presided over the the State Council executive meeting to determine measures to improve the export tax rebate policy and speed up the tax rebate process, reduce the burden on enterprises and maintain the steady growth of foreign trade.

Export tax rebate:

Tax refund (exemption) for export products, referred to as export tax rebate, basically refers to the refund of product tax, value-added tax, business tax and special consumption tax actually paid by export products in the process of domestic production and circulation. The tax refund system for export products is an important part of a country's tax revenue.

Export tax rebate is mainly to balance the tax burden of domestic products by returning the domestic tax paid by export products, so that domestic products can enter the international market at tax-free cost and compete with foreign products under the same conditions, thus enhancing their competitiveness and expanding their export earnings.

1March, 1985, the State Council officially issued the Notice on Approving the Provisions of the Ministry of Finance on the Collection and Refund of Product Tax or Value-added Tax for Import and Export Products, stipulating that the tax refund policy for export products will be implemented from April, 1985. From 1994 65438+ 10 1 With the reform of the national tax system, China has reformed the existing export tax rebate management methods for refunding product tax, value-added tax and consumption tax, and established a tax refund (exemption) system for export goods based on the new value-added tax and consumption tax systems.

Reinvestment tax rebate:

This is a preferential policy formulated by the state to encourage foreign investors to reinvest their profits from China enterprises. The specific content is:

1. If a foreign investor of a foreign-invested enterprise directly reinvests the profits obtained from the enterprise to increase its registered capital, or establishes other foreign-invested enterprises as capital investment for a period of not less than 5 years, 40% of the income tax paid on the reinvested part may be refunded with the approval of the tax authorities. If the reinvestment is recovered within 5 years, the tax refund will be refunded.

2. Foreign investors directly reinvest their profits from enterprises in China to establish or expand export enterprises or advanced technology enterprises, and foreign investors directly reinvest their profits from enterprises in Hainan Special Economic Zone in infrastructure projects and agricultural development enterprises in Hainan Special Economic Zone. If the operating period is not less than 5 years, the enterprise income tax paid for the reinvested part can be fully refunded. If the reinvestment is recovered within 5 years, the tax refund will be refunded.

3. The formula for calculating the reinvestment tax rebate is:

Tax refund amount = reinvested amount ÷( 1- actual applicable corporate income tax rate and local income tax rate) × actual applicable corporate income tax rate× tax refund ratio.