Abstract
The evasion of value added tax from B2B trading in order to overcome these problems and operates a payment system for the serious buyers of gold transactions, including some now.
Therefore, in order to overcome the problems of B2C trading transactions collection system it will be the introduction of VAT collection agency system. Specifically, it would be desirable to introduce the following way.
First, to apply to transactions both in the case of the applicable transaction phase, between providers and operators trading (B2B) and Business and to－consumer (B2C) whether or multi whether the issue of whether to apply only to transactions between businesses and consumers.
Second, in applying the regulations in the trade of value－added tax collection agency B2C transactions between businesses and consumers, it should be applied to all sectors, or whether the problem of VAT evasion is applicable only with respect to some heavy industries.
Third, the tax collection duty deputy would be desirable to include credit card companies.
Fourth, the agency collects tax rate measures to considering equity and other industries apply the benefits of various tax credits for maintaining the existing value added tax and the same 10% to mitigate the financial burden caused by early settlement and payment of providers desirable something to do.
There is a need to introduce a system of incentives and penalties together for cards or card sales in order to minimize the effects caused by the balloon bisexual card sales that may arise from the introduction of these measures. In particular, and these institutional incentives and penalties will apply to the gas station or pub operators, institutional incentives can consider from the consumer side and consumers on the use, including credit card in order to encourage use of credit cards, etc. Gas stations and taverns there is an additional reward payment methods and introduction to the income tax benefits for measures.
Therefore, in order to overcome the problems of B2C trading transactions collection system it will be the introduction of VAT collection agency system. Specifically, it would be desirable to introduce the following way.
First, to apply to transactions both in the case of the applicable transaction phase, between providers and operators trading (B2B) and Business and to－consumer (B2C) whether or multi whether the issue of whether to apply only to transactions between businesses and consumers.
Second, in applying the regulations in the trade of value－added tax collection agency B2C transactions between businesses and consumers, it should be applied to all sectors, or whether the problem of VAT evasion is applicable only with respect to some heavy industries.
Third, the tax collection duty deputy would be desirable to include credit card companies.
Fourth, the agency collects tax rate measures to considering equity and other industries apply the benefits of various tax credits for maintaining the existing value added tax and the same 10% to mitigate the financial burden caused by early settlement and payment of providers desirable something to do.
There is a need to introduce a system of incentives and penalties together for cards or card sales in order to minimize the effects caused by the balloon bisexual card sales that may arise from the introduction of these measures. In particular, and these institutional incentives and penalties will apply to the gas station or pub operators, institutional incentives can consider from the consumer side and consumers on the use, including credit card in order to encourage use of credit cards, etc. Gas stations and taverns there is an additional reward payment methods and introduction to the income tax benefits for measures.
| Translated title of the contribution | A Study on Applying VAT Charge System Using Credit Card Companies |
|---|---|
| Original language | Korean |
| Pages (from-to) | 163-192 |
| Number of pages | 30 |
| Journal | 세무와회계저널 |
| Volume | 17 |
| Issue number | 2 |
| State | Published - 2016 |