2022 latest tax rate policy: the first category Tax exemption policy 1. from April 1, 2022 to December 31, 2022, VAT small-scale taxpayers applying 3% levy rate of taxable sales income, exempted from VAT; 2. from January 1, 2022 to December 31, 2022, taxpayers to provide public **** transportation services derived from the income of taxpayers, exempted from VAT.3. Continuation of the implementation of some national preferential tax policies for commodity reserves. from January 1, 2022 to December 31, 2023, the commodity reserve management company and its directly subordinate bank capital account books are exempted from stamp duty. Exemption of property tax and urban land use tax for properties and land used by commodity reserve management companies and their directly subordinate depots for commodity reserve business 4. Extension of the implementation period of preferential policies on property tax and stamp duty for student apartments in universities. Exemption of property tax for qualified university student apartments and exemption of stamp duty for lease contracts of university student apartments signed with university students will be extended until December 31, 2023.5. Extension of the implementation period of the preferential tax policies for urban bus terminals, road passenger terminals, and land for the operation of the urban rail transit system. Exemption of urban land use tax for qualified land for operation of urban bus terminals, road passenger terminals and urban rail transit systems, with the implementation period extended to December 31, 2023.6. Extension of the implementation period of the preferential policies on property tax and urban land use tax for wholesale markets for agricultural products and farmers' markets. For qualified wholesale markets for agricultural products and farmers' markets (including owned and leased, hereinafter the same) dedicated to the operation of agricultural products, property and land, property tax and urban land use tax are temporarily exempted. For properties and land used by wholesale markets for agricultural products and farmers' markets that also operate other products, property tax and urban land use tax shall be levied and exempted according to the ratio of the area of the trading site for other products to that for agricultural products. The implementation period is extended to December 31, 2023.7. Extend the implementation period of the individual income tax policy related to supporting the prevention and control of the epidemic of pneumonia infected by the new coronavirus. The temporary work subsidies and bonuses obtained by medical personnel and epidemic prevention workers participating in the epidemic prevention and control work according to the standards stipulated by the government are exempted from individual income tax; medicines, medical supplies and protective gears issued by units to individuals for the prevention and control of new coronavirus-infected pneumonia are exempted from individual income tax because they are not counted as wages or salary income (excluding cash). The implementation period is extended to December 31, 2023. Category II Tax Reduction Policies 1. From January 1, 2022 to December 31, 2024, the portion of the annual taxable income of small and micro-profit enterprises exceeding 1 million yuan but not exceeding 3 million yuan will be reduced by 25% of the annual taxable income, and the enterprise income tax will be paid at a tax rate of 20%.2. In order to further encourage science and technology-based small and medium-sized enterprises (SMEs) to increase their investment in research and development (R&D), from January 1, 2022 onwards, the pre-tax deduction for R&D expenses of science and technology-based small and medium-sized enterprises from 75% to 100%.3. Establishing a special additional deduction for personal income tax for the care of infants and children under the age of 3. Starting from January 1, 2022, taxpayers' expenditures related to the care of infants and children under the age of 3 will be deducted at a fixed rate of 1,000 yuan per month per infant.4. Increase pre-tax deduction for equipment and apparatus for micro, small and medium-sized enterprises (MSMEs). Micro, small and medium-sized enterprises in the period from January 1, 2022 to December 31, 2022, newly purchased equipment, appliances, unit value of more than 5 million yuan, the minimum depreciable life of 3 years of equipment and appliances can be a one-time pre-tax deduction in the current year; the minimum depreciable life of 4 years, 5 years, 10 years, the value of the unit of 50% of the current year can be a one-time pre-tax deduction, and the remaining 50% in the remaining years of deduction5 Continuing the policy of VAT deduction for service industry. The policy of adding and deducting VAT for the production and living service industries has been extended until December 31, 2022.6. Reduction and exemption of property tax and urban land use tax for those taxpayers who have difficulties in paying property tax and urban land use tax in 2022.7 The taxpayers who have difficulties in paying property tax and urban land use tax will be given relief. For owners of rent reduction and exemption in accordance with relevant documents, property tax and urban land use tax will be reduced or exempted according to the number of months of rent reduction.7. Continuing the implementation of the policies related to the investment in start-up science and technology enterprises by Venture Capital Enterprises (VCEs) and individual angel investors. From January 1, 2022 to December 31, 2023, for the conditions to be met by the start-up science and technology enterprises, the number of employees will continue to be no more than 300, the total assets and annual sales revenue will be no more than 50 million yuan.8. Extend the period of implementation of preferential tax policies for science and technology business incubators. The implementation period of the tax preferential policies stipulated in the Notice on Tax Policies for Science and Technology Business Incubators, University Science Parks and Crowd Creation Spaces (Cai Shui [2018] No. 120) by the Ministry of Finance, the State Administration of Taxation and the Ministry of Science and Technology, and the Ministry of Education will be extended to December 31, 2023.9. Extend the implementation period of preferential policies on income tax for third-party enterprises engaged in pollution prevention and control. The implementation period is extended to December 31, 2023 for the policy of reducing the enterprise income tax rate by 15% for qualified third-party enterprises engaged in pollution prevention and control (hereinafter referred to as third-party prevention and control enterprises).
Legal basis:
Article 3 of the Law of the People's Republic of China on the Administration of Taxation Levies of the People's Republic of China*** and the People's Republic of China on Taxation Levies and Administration of the People's Republic of China: The levying and suspension of taxes, as well as the reduction of taxes, exemption from taxes, tax refunds, and tax reductions, are carried out in accordance with the provisions of the law; if the State Council is authorized by law to make provisions, they shall be carried out in accordance with the provisions of the administrative regulations made by the State Council. Any organ, unit or individual shall not violate the provisions of laws and administrative regulations, unauthorized tax levies, suspension and tax reductions, tax exemptions, tax refunds, tax reimbursement and other tax laws and administrative regulations in conflict with the decision.