What are the tax incentives
Tax incentives, that is, in order to cooperate with the country in a certain period of time in the political, economic and social development of the overall goal, the government uses the tax system, according to the intended purpose, in the tax aspect of the corresponding incentives and care measures, in order to alleviate some taxpayers should be fulfilled by tax obligations to subsidize some of the taxpayers or the corresponding taxpayers activities. It is one of the important means of state intervention in the economy. What are the tax incentives? The following is brought to you by me about what are the tax incentives, I hope to help you!
The basic principles of tax incentives: promoting scientific and technological progress, encouraging infrastructure construction, encouraging agricultural development, environmental protection and energy conservation, supporting safe production, coordinating regional development, promoting public welfare and taking care of disadvantaged groups, etc., and effectively playing the guiding role of tax incentives to further promote the comprehensive, coordinated and sustainable development of the national economy and the overall progress of society, which is conducive to building a Harmonious society. The first thing you need to do is to get your hands on a new one, and you'll be able to do that.
1. Tax incentives to promote the coordinated development of the region.
Shenzhen, Hainan, Zhuhai, Shantou, Xiamen and Shanghai Pudong New Area to implement the preferential policies of the transitional period of enterprise income tax, since January 1, 2008, the original enjoyment of the preferential policies of the low tax rate of the enterprises, in the new Enterprise Income Tax Law came into force within five years after the transition to the statutory tax rate. Among them, enterprises enjoying a 15% enterprise income tax rate will be subject to an 18% tax rate in 2008, a 20% tax rate in 2009, a 22% tax rate in 2010, a 24% tax rate in 2011 and a 25% tax rate in 2012; and enterprises previously subject to a 24% tax rate will be subject to a 25% tax rate from 2008 onwards. Enterprises originally enjoying regular tax exemptions and reductions in enterprise income tax, after the implementation of the new Enterprise Income Tax Law, continue to enjoy the original preferential measures until the expiration of the period; part of Xinjiang and Tibet and other areas of the implementation of special tax incentives, such as, during the period of 2010 to 2020 in the difficult areas of Xinjiang to the new enterprises belonging to the scope of the catalog of key encouragement for the development of the industry, to give the enterprise income tax ? Two exemptions and three halves? and other preferential policies; tax incentives for the implementation of the Western Development Strategy, and a reduced enterprise income tax rate of 15% for enterprises in encouraged industries located in the western region from 2011 until the end of 2020. At the same time, the self-governing organs of the national autonomous areas may decide to reduce or exempt the portion of the enterprise income tax payable by the enterprises in the national autonomous areas that belongs to the local share.
2. Tax incentives to promote the building of a harmonious socialist society.
Services? Three rural areas? The tax incentives. Exemption of value-added tax on sales of self-produced agricultural products by agricultural producers. Individuals or individuals engaged in planting, farming, breeding and fishing income is not levied personal income tax. Some agriculture-related projects, such as agricultural mechanized plowing, drainage and irrigation, and pest control, are exempted from sales tax. The sales of grain by state-owned grain purchasing and marketing enterprises undertaking grain storage tasks are exempted from value-added tax, while other grain enterprises are exempted from value-added tax for operating grain for military use, disaster relief and relief grain, reservoir immigrant rations, and grain subsidized for returning farmland to forests and grasslands. Enterprises engaged in the cultivation of crops, traditional Chinese medicinal herbs and forest trees, the selection and breeding of new crop varieties, livestock and poultry breeding, forest product collection, offshore fishing, and the income from agriculture, forestry, animal husbandry and fishery service projects as stipulated in the tax law shall be exempted from enterprise income tax. Tax incentives are given to financial institutions for agriculture-related loans.
Tax incentives to support the development of education. Income derived from educational labor services provided by schools engaged in academic education, labor services provided by students' work-study, and income derived from childcare centers and kindergartens providing parenting services are exempted from business tax. Income derived from refresher courses and training courses organized by government-organized higher, secondary and primary schools and income derived by vocational schools that meet the prescribed conditions are exempted from business tax. Enterprises organized by special education schools are entitled to preferential tax policies as welfare enterprises. Individuals are exempted from personal income tax on interest earned on educational savings deposits and educational scholarships. Some of the income from projects after the reform of the logistics system of institutions of higher education will be given preferential tax policies such as business tax.
Tax incentives to promote the development of culture, health and sports. The promotion of cultural units, such as publishing houses, performance organizations, etc., to give preferential policies on value-added tax and business tax. For the reform of pilot areas of cultural units, operating cultural institutions converted into enterprises, a reduction or exemption of enterprise income tax for a certain period of time. Supporting the ideological and moral construction of minors, and granting preferential policies on VAT and business tax for the animation industry compared with the software integrated circuit industry. The medical services provided by hospitals, clinics and other medical institutions that meet the prescribed conditions are exempted from business tax. Organizers and participants of the Olympic Games, Paralympic Games and other large sports events held in China, in the value-added tax, business tax, enterprise income tax, import tariffs and other tax incentives, the Asian Games, Asian Winter Games and other intercontinental events, as well as the National Games, etc. also give appropriate tax incentives.
Tax incentives to support the employment and re-employment of disadvantaged groups. For enterprises that absorb laid-off unemployed people, the preferential policies of reducing or exempting business tax, urban maintenance and construction tax, education surcharge and enterprise income tax. For the absorption of self-selected military cadres, self-employed retired soldiers, with the military families and? Two laborers. enterprises that absorb self-selected military cadres who have changed jobs, retired soldiers who are self-employed, family members with the military, and the two laborers? The enterprises of the above people are exempted from business tax. Business tax exemption is given to enterprises that absorb? Blind, deaf, dumb, physically and mentally? All kinds of welfare enterprises of disabled persons, fixed reduction or exemption of value-added tax and business tax; for enterprises that place disabled persons as stipulated in the Law of the People's Republic of China on the Protection of Persons with Disabilities, they are given the preferential treatment of additional deduction according to the salary of disabled workers when calculating enterprise income tax. For fresh college students to start their own business enterprises are exempted from the cost of tax registration certificate.
Tax incentives to encourage social donations. The public welfare donation expenditure incurred by enterprises is allowed to be deducted from the calculation of taxable income if it is within 12% of the total annual profit.
Tax incentives to support the development of small and micro-profit enterprises. During the period from November 1, 2011 to October 31, 2014, the loan contracts signed between financial institutions and small and micro-enterprises are exempted from stamp duty. From January 1, 2011 to December 31, 2011, for small and microenterprises with annual taxable income of less than 30,000 yuan (including 30,000 yuan), the income is reduced by 50% of the taxable income and the enterprise income tax is paid at a rate of 20%. Since November 1, 2011, the starting point of value-added tax (VAT) for small-scale taxpayers has been adjusted as follows: for sales of goods or taxable services, the monthly sales amount is RMB 5,000 to RMB 20,000; for those who are taxed on a per-tax basis, the sales amount is RMB 300 to RMB 500 each time (per day). The range of sales tax starting point adjusted to: the tax period, for the monthly turnover of 5,000 yuan to 20,000 yuan; by the tax, for each (daily) turnover of 300 yuan to 500 yuan.
3. Tax incentives to promote resource-saving, environmentally friendly society.
The policy of exempting business tax, exempting or reducing enterprise income tax, and adding deductions before enterprise income tax has been implemented for qualified technology research and development and transfer.
The implementation of enterprise income tax for enterprises engaged in qualified environmental protection, energy saving and water conservation projects? Three exemptions and three half-reduces? The policy of "three exemptions and three halves reductions" has been implemented.
The policy of "three exemptions and three halves reductions" has been implemented for the income derived from qualified comprehensive utilization of resources, such as specific building materials, wind power generation, extraction and utilization of coalbed methane, etc., and for the income derived from the production of products that are not restricted or prohibited by the state and conform to the relevant national and industrial standards by the enterprises using the resources stipulated in the Catalogue of Preferential Income Tax for Enterprises Comprehensively Utilizing Resources as the main raw materials. Consumption tax and enterprise income tax reduction revenue policy.
For enterprises purchasing and actually using special equipment that meets the prescribed conditions for environmental protection, energy and water conservation, and safe production, 10% of the investment in the special equipment can be credited against the tax payable in the current year; any shortfall in the credit in the current year can be carried forward in the next five tax years.
The consumption tax on low-emission, environmentally friendly cars is given a preferential tax rate.
4. Tax incentives to promote scientific and technological progress and independent innovation.
Tax incentives to encourage the development of high-tech industries. For software products, the actual tax burden of value-added tax exceeds 3% of the part of the implementation of the instant refund policy, the new software, integrated circuit enterprises since the year of profitability of the implementation of the ? Two exemptions and three halves? , software integrated circuit enterprise salary training costs before tax full deduction, integrated circuit enterprises to implement reinvestment tax rebate, planning layout of key software enterprises to apply 10% of the enterprise income tax rate. The state needs to focus on supporting high-tech enterprises, reduced by 15% of the tax rate for enterprise income tax.
Encourage enterprises to increase investment in research and development, improve the ability of independent innovation tax incentives. The R&D expenses incurred for the development of new technologies, new products and new processes are allowed to be deducted at 150% of the actual amount incurred before tax. Except as otherwise provided by the competent departments of finance and taxation of the State Council, the expenditure incurred by enterprises on employee education shall be allowed to be deducted to the extent that it does not exceed 2.5% of the total wages and salaries, and the part exceeding such amount shall be allowed to be carried forward for deduction in the following tax years. Enterprises for the production of high-tech products and undertake major national science and technology special projects, national science and technology programs, such as imported key equipment, as well as imported scientific research instruments and teaching supplies, exempted from import tariffs and import-related value-added tax.
Tax incentives to encourage the promotion and application of advanced technologies. Within a tax year, resident enterprises are exempted from enterprise income tax on the portion of their income from technology transfer not exceeding 5 million yuan; the portion exceeding 5 million yuan is subject to a 50% reduction in enterprise income tax. Income derived by units and individuals from technology transfer, technology development business and related technical consultation and technical service business is exempted from business tax. For scientific research institutions that have been restructured, they are exempted from enterprise income tax, property tax and urban land use tax for a certain period of time. For science and technology business incubators and national university science and technology parks, they are exempted from business tax, property tax and urban land use tax for a certain period of time.
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