Tax Report Output Tax 1. Sales amount 1. Sales amount OUTPUTTAX_SALEAMOUNT 2. Less sales subject to 0% tax rate 2. Less sales subject to 0% tax rate OUTPUTTAX_SALE_ZERO 3. Less exempted sales 3. Less exempted sales OUTPUTTAX_EXEMPTED 4. Taxable sales amount(1. -2. -3.) OUTPUTTAX_SALEAMOUNT-(OUTPUTTAX_SALE_ZERO+OUTPUTTAX_EXEMPTED) 5. Output tax 5. Output tax OUTPUTTAX_TAX Input Tax INPUTTAX 6. Purchase amount that is entitled to deduction of input tax from output tax in tax computation 6. Purchase amount that is entitled to deduction of input tax from output tax in tax computation 7. Input tax (according to invoice of purchase amount in 6.) 7. Input tax (according to invoice of purchase amount in 6.) INPUTTAX_TAX Value Added Tax 8. Tax payable (5. minus 7. (if 5. is greater than 7.)) OUTPUTTAX_TAX - INPUTTAX_TAX if (OUTPUTTAX_TAX > INPUTTAX_TAX) else 0 9. Excess tax payable (7. minus 5. (if 5. is less than 7.)) INPUTTAX_TAX - OUTPUTTAX_TAX if (INPUTTAX_TAX > OUTPUTTAX_TAX) else 0 10. Excess tax payment carried forward from last period Net Tax 11. Net tax payable (if 8. is greater than 10.) 11. Net tax payable (if 8. is greater than 10.) 12. Net excess tax payable ((if 10. is greater than 8.) or (9. plus 10.)) 12. Net excess tax payable ((if 10. is greater than 8.) or (9. plus 10.))