How is the tax refund and tax advance service fee for agency export tax refund calculated? Please help me calculate it!
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Our company plans to find an agent for the export tax refund tax advance business. We have no prior experience in this area and are not clear about the specific calculation method. I would like to ask how agency export tax refund tax advance is calculated. Is it related to the type and amount of exported goods, as well as the tax refund rate? I hope friends who understand can explain in detail, preferably with a simple example so I can understand it quickly. Thank you.
Trade Expert Insights Answers
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
The calculation of agency export tax refund tax advance is indeed related to the amount of exported goods, the tax refund rate, etc. Generally, the amount excluding tax for the exported goods is determined first. Assuming a batch of goods is exported with a customs declaration amount of 1.13 million yuan (including tax) and a VAT rate of 13% and a tax refund rate of 10%. First, calculate the amount excluding tax, which is 1.13 million ÷ (1 + 13%) = 1 million yuan.
Then, the theoretical tax refund amount = amount excluding tax × tax refund rate = 1 million × 10% = 0.1 million yuan.
When the agency advances tax, they may charge a certain handling fee based on their own costs and expected profit. Assuming the handling fee rate is 2%, then the handling fee = 100,000 × 2% = 2,000 yuan. The actual amount advanced by the agency to the company = 0.1 million - 0.002 million = 0.098 million yuan. Different agency companies will have different handling fee rates, and the specifics need to be negotiated and confirmed with the agent.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
Simply put, first calculate the tax refund amount, and then deduct the agency handling fee. The tax refund amount is calculated by multiplying the tax-exclusive price of the exported goods by the tax refund rate, and the handling fee depends on how the agent sets it, with different proportions.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
The calculation of export tax refund tax advance is mainly about the tax refund amount. It is essential to accurately determine the amount of exported goods and the tax refund rate, and then negotiate the handling fee deduction with the agent after the calculation.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
When calculating agency export tax refund tax advance, pay attention to the fact that the tax refund rate may vary for different goods. You need to check clearly, then calculate the tax refund amount according to the formula, and then consider the handling fee.
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
First, calculate the tax refund amount. For example, if the amount excluding tax is 1 million yuan and the tax refund rate is 13%, the tax refund amount is 130,000 yuan. Then, see how much handling fee the agent charges, and the difference between the two is the tax advance amount.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
The main basis is the value of the exported goods. Calculate the amount excluding tax, multiply by the tax refund rate to get the tax refund amount, and then deduct the handling fee to get the tax advance money. The value of different goods and the tax refund rate all affect the result.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
When calculating, first calculate the refundable tax amount at the tax refund rate. The handling fee charged by the agency company is generally calculated as a percentage of the refundable tax amount. After deducting the handling fee, it is the actual tax advance amount.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
First, clarify the amount of exported goods excluding tax, multiply by the tax refund rate to get the tax refund amount. The agency handling fee varies, and after deducting the handling fee, it is the tax advance amount that the company can receive.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
To calculate agency export tax refund tax advance, you need to be clear about the amount of goods and the tax refund rate, calculate the tax refund amount, deduct the handling fee according to the agent's regulations, and the remaining is the tax advance money.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
The key is to calculate the tax refund amount and then subtract the handling fee. For example, if the tax refund amount is 50,000 yuan and the handling fee is 3%, then the tax advance amount is 50,000 - 50,000 × 3% = 48,500 yuan.