"Tax cuts and fee reductions" include both "tax breaks" and "canceling or suspending administrative fees".
Epidemic now, entrepreneurs are most concerned about one of the questions is the government to our enterprises have what preferential support policies? How can our enterprises enjoy these policies?
Recently, the State Council issued a "solid stabilization of the economy a package of policies and measures of the notice", which refers to the further expansion of the VAT tax rebate policy, wholesale and retail trade, agriculture, forestry, animal husbandry, fisheries, lodging and catering and other seven industries included in the scope of the refund of tax credits, the introduction of this year's tax rebate policy of the various tax rebates to add a total rebate of approximately 1.64 trillion yuan. , it is expected that this year's national tax rebates total 2.5 trillion, much higher than last year's 1.1 trillion.
Under the general trend of industry-finance integration, it is inevitable that the traditional way of tax checking will be changed to intelligent tax checking. Enterprises should make use of Zongzhi Yunke before others to follow the tax policy and realize the tax reduction and fee reduction, which should be enjoyed by all. Zongzhi Yunke is an intelligent tax law query application and push system, including 170,000+ tax law policies, all the documents are instantly extracted, eliminating the need to cut off multiple pages, document clutter, information fragmentation and other major problems, and straight-line enhancement of work efficiency.
Zhongzhi Yunke has been the tool used by China Association of Registered Taxation Technicians, Sichuan Association of Registered Taxation Technicians, Sichuan Taxation Bureau of the State Administration of Taxation, Anhui Taxation Association and Changsha Municipal Taxation Bureau of the State Administration of Taxation, and by large corporations with high frequency. All the tax policies mentioned in this post are available at Zongzhi Yunke.
I. New Policies for 2022 (11 items)
1. Increase the VAT end-of-period tax credit refunds for manufacturing and other industries
Enjoyment of the main body
"Manufacturing industry", "scientific research and technical services industry "manufacturing", "scientific research and technology services", "electricity, heat, gas and water production and supply", "software and information technology services", "ecological protection and environmental governance", and "transportation, warehousing and storage". and "transportation, storage and postal services" (hereinafter referred to as "manufacturing and other industries").
Contents of the preferences
(1) Eligible manufacturing and other industries can apply to the competent tax authorities for refund of incremental tax credits starting from the April 2022 tax filing period.
(2) Eligible medium-sized enterprises in the manufacturing industry and other industries can apply to the competent tax authorities for a one-time refund of the stock of tax credits from the tax declaration period in May 2022;
(3) Eligible large-sized enterprises in the manufacturing industry and other industries can apply to the competent tax authorities for a one-time refund of the stock of tax credits from the tax declaration period in July 2022 onwards.
Policy Basis
Announcement of the Ministry of Finance and the State Administration of Taxation on Further Increasing the Implementation of the Policy of Refunding the VAT Ending Allowances (Announcement of the Ministry of Finance and the State Administration of Taxation No. 14 of 2022)
2. Increasing the Efforts of Small and Micro Enterprises for Refunding the VAT Ending Allowances
Body of Benefit
Small and Micro Enterprises (Including Individual Industrial and Commercial Enterprises)
Preferential Contents
The preferential contents include p>
Preferential content
(1) Qualified small and micro enterprises can apply to the competent tax authorities for refund of incremental tax credits from the April 2022 tax declaration period.
(2) Eligible micro-enterprises can apply to the competent tax authorities for a one-time refund of the stock of tax credits starting from the April 2022 tax declaration period.
(3) Eligible small enterprises can apply to the competent tax authorities for a one-time refund of the stock of tax credits starting from the May 2022 tax declaration period.
Policy Basis
Announcement of the Ministry of Finance and the State Administration of Taxation on Further Increasing the Implementation of the Policy of Refunding the VAT Period-end Retention Allowance (Announcement of the Ministry of Finance and the State Administration of Taxation No. 14 of 2022)
3. Suspension of Advance Payment of Value-added Tax for Airline and Railway Transportation Enterprises
Enjoying Subjects
Airline and Railway Transportation Enterprises
Preferences
From January 1, 2022 to December 31, 2022, air and rail transportation enterprises' branches suspend prepayment of VAT.
Policy basis
The Ministry of Finance? Administration of Taxation on the Announcement on VAT Policies Related to the Promotion of Relief and Development of Difficult Industries in the Service Sector (Announcement of the Ministry of Finance and the Administration of Taxation No. 11 of 2022)
4. Exemption of VAT for Public*** Transportation Services
Body of Enjoyment
Enterprises of Public*** Transportation Services
Preferences
From January 1 to December 31, 2022, the following policies shall be applied. From January 1 to December 31, 2022, taxpayers are exempted from VAT on income derived from the provision of public **** transportation services.
Policy Basis
The Ministry of Finance? General Administration of Taxation on the Announcement on VAT Policies Related to the Promotion of Relief and Development of Difficult Industries in the Service Sector (Announcement of the Ministry of Finance and the General Administration of Taxation No. 11 of 2022)
5. Special Additional Deduction for the Care of Infants and Young Children Below the Age of 3 Years
Enjoyment Subjects
Parents or Guardians of Infants and Young Children Below the Age of 3 Years
Preferential Contents
From January 1, 2022, taxpayers' expenses related to caring for children of infants and toddlers under the age of 3 will be deducted at a flat rate of 1,000 yuan per month per infant or toddler.
Policy basis
Notice of the State Council on the Establishment of Special Additional Deduction for Individual Income Tax on Caring for Infants and Young Children Under 3 Years of Age (Guofa [2022] No. 8)
6. Stage exemption of small-scale taxpayers from value-added tax (VAT)
Enjoyment of the main body
Small-scale taxpayers of value-added tax (VAT)
Preferential contents
From April 1, 2022 to December 31, 2022, VAT small-scale taxpayers are exempted from VAT on taxable sales income to which the 3% levy rate applies; prepayment of VAT is suspended for pre-paid VAT items to which the 3% pre-payment rate applies.
Basis of Policy
Announcement of the Ministry of Finance and the State Administration of Taxation on the Exemption of Small-Scale Taxpayers from VAT (Announcement of the Ministry of Finance and the State Administration of Taxation No. 15 of 2022)
7. Increase the Proportion of Extra Deduction for Research and Development Expenses of Small and Medium-Sized Enterprises in Science and Technology
Enjoyment Subjects
Small and Medium-Sized Enterprises in Science and Technology
Contents of Preferential Offerings
Science and technology-based small and medium-sized enterprises to carry out research and development activities in the actual incurred R & D costs, not formed intangible assets included in the current period of profit and loss, in accordance with the provisions of the actual deduction on the basis of the amount of deduction from January 1, 2022, and then in accordance with the actual amount of deduction of 100 percent of the amount incurred in the pre-tax; the formation of intangible assets, from January 1, 2022, according to the cost of intangible assets, amortization of 200% of the cost of the pre-tax. .
Policy Basis
Announcement of the Ministry of Finance, the State Administration of Taxation and the Ministry of Science and Technology on Further Increasing the Proportion of Pre-tax Deduction of R&D Expenses for Science and Technology-based Small and Medium-sized Enterprises (Announcement of the Ministry of Finance, the State Administration of Taxation, and the Ministry of Science and Technology, No. 16 of 2022)
8, Manufacturing SMEs and Micro-enterprises Tax Mitigation Policies
Enjoyment of Main Body
Manufacturing SMEs
Measurement of the Manufacturing Industry<
Preferential content
Micro, small and medium-sized enterprises in the manufacturing industry (including sole proprietorships, partnerships, individual businesses) in the fourth quarter of 2021, the first quarter of 2022, the second quarter of part of the tax can be deferred for a period of six months. Among them, medium-sized enterprises in the manufacturing industry can defer 50% of all taxes and fees stipulated in the announcement, and small and micro enterprises in the manufacturing industry can defer all taxes and fees stipulated in the announcement.
Policy basis
"Announcement of the State Administration of Taxation and the Ministry of Finance on the Matters Relating to the Continuation of the Implementation of the Deferral of Partial Payment of Taxes and Fees for Small, Medium and Micro Enterprises in the Manufacturing Sector" (Announcement of the State Administration of Taxation and the Ministry of Finance No. 2 of 2022)
9. Increase the Income Tax Preferences for Small, Micro and Profit Enterprises
Enjoying Subjects
Small and Micro Enterprises complying with the policy provisions Micro-profit Enterprises
Preferential Contents
From January 1, 2022 to December 31, 2024, small micro-profit enterprises with annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan will be subject to a reduction of 25% of their annual taxable income, and will pay the enterprise income tax at a rate of 20%.
Basis of Policy
Announcement of the Ministry of Finance and the State Administration of Taxation on the Further Implementation of Preferential Policies on Income Tax for Small and Micro Enterprises (Announcement of the Ministry of Finance and the State Administration of Taxation No. 13 of 2022)
10. Policy on Pre-tax Deduction of Income Tax for Equipment and Apparatus of Small, Medium, and Micro Enterprises
Enjoyment of the Subjects
Small, Medium, and Micro Enterprises that Meet the Qualification
Preferential Contents p>Preferential content
Micro, small and medium-sized enterprises in the period from January 1, 2022 to December 31, 2022 newly acquired equipment, apparatus, unit value of more than 5 million yuan, according to a certain percentage of the unit value of the voluntary choice of pre-tax deduction of enterprise income tax. Among them, the implementation regulations of the Enterprise Income Tax Law stipulate that the minimum depreciable life of the equipment and apparatus for three years, 100% of the unit value can be deducted in the current year in a one-time pre-tax deduction; the minimum depreciable life of four, five, 10 years, 50% of the unit value can be deducted in a one-time pre-tax deduction in the current year, and the remaining 50% of the depreciation of pre-tax deduction in the remaining years of the calculation of depreciation in accordance with the provisions of the pre-tax deduction.
Enterprises that choose to apply the above policy for the current year's insufficient deduction for the formation of losses can be carried forward in the next five tax years to make up for the enjoyment of other policies to extend the carry-forward period of the loss can be in accordance with the current provisions of the implementation.
Policy Basis
"Announcement of the Ministry of Finance and the State Administration of Taxation on the Policies on Pre-tax Deduction of Income Tax for Equipment and Apparatus of Micro, Small and Medium-sized Enterprises" (Announcement of the Ministry of Finance and the State Administration of Taxation No. 12 of 2022)
11. Further Implementation of the "Six Taxes and Two Fees" Reduction and Exemption for Micro and Small-sized Enterprises and Expansion of the Scope of Application Scope of Application
Enjoyment Subjects
VAT small-scale taxpayers, small micro-profit enterprises and individual industrial and commercial households
Preferential Contents
From January 1, 2022 to December 31, 2024, the reduction of resource tax (excluding water resource tax), urban maintenance and construction tax, real estate tax, property tax, and property tax for small-scale taxpayers, small micro-profit enterprises, and individual industrial and commercial households will be implemented at the rate of 50% of the total amount. , urban maintenance and construction tax, property tax, urban land use tax, stamp duty (excluding securities transaction stamp duty), cultivated land occupation tax and education surcharge, local education surcharge.
Policy Basis
Bulletin of the Ministry of Finance and the State Administration of Taxation on the Further Implementation of the Policy of Reducing and Exempting Six Taxes and Two Fees for Small and Micro Enterprises (Announcement of the Ministry of Finance and the State Administration of Taxation No. 10 of 2022)
Notice of the Department of Finance and the State Administration of Taxation of Hebei Province on the Further Implementation of the Policy of Reducing and Exempting Six Taxes and Two Fees for Small and Micro Enterprises Notice on Further Implementation of the "Six Taxes and Two Fees" Reduction and Exemption Policies for Small and Micro Enterprises (Ji Cai Shui [2022] No. 9)
2. Policies Effective Since 2019 (31 Items)
1. Reduction of Value-added Tax (VAT) Rates
Body of Benefit
General Taxpayers of Value-added Tax (VAT)
Since April 1, 2019:
(1) Reduce the current tax rate of 16% to 13% for manufacturing and other industries, and reduce the current tax rate of 10% to 9% for transportation, construction and other industries;
(2) Where taxpayers purchase agricultural products, the deduction rate is adjusted to 9% for those that were previously subject to a deduction rate of 10%. Taxpayers purchasing agricultural products for the production or entrusted processing of 13% tax rate goods, according to the 10% deduction rate to calculate the input tax amount;
(3) the original application of 16% tax rate and export tax rebate rate of 16% of the export of goods and services, the export tax rebate rate is adjusted to 13%; the original application of 10% tax rate and the export tax rebate rate of 10% of the export of goods, cross-border taxable acts, the export tax rebate rate is adjusted to 9%.
Policy basis
"Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs on the Policies Related to Deepening Value-added Tax Reform" (Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs No. 39 of 2019)
2. Change the deduction of immovable property in two years to a one-time full amount
Enjoyment subject
General VAT taxpayers
Preferential content
Since April 1, 2019, taxpayers who acquire real estate or real estate construction work in progress will no longer be able to offset the input tax in 2 years. The pending input tax credit that has not yet been deducted in accordance with the above provisions can be deducted from the output tax amount from April 2019, the tax period in which the tax belongs.
Policy Basis
Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs on Relevant Policies on Deepening Value-added Tax Reform (Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs, No. 39 of 2019)
3. Domestic Passenger Transportation Services are Included in the Scope of Input Tax Credit
Body of Benefit
General Value-added Taxpayers
Preferential content
Since April 1, 2019, taxpayers purchasing domestic passenger transportation services are allowed to offset their input tax from output tax.
Policy Basis
Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs on Relevant Policies on Deepening Value-added Tax Reform (Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs, No. 39 of 2019)
4. Refund of the VAT Ending Tax Credit
Enjoying Subjects
General Taxpayers of Value-added Tax (VAT)
Concessions
Since April 1, 2019, the trial implementation of the VAT final tax credit refund system, qualified taxpayers can apply to the competent tax authorities for refund of incremental tax credit:
Since the tax belonging to the period of April 2019, the incremental tax credit is greater than zero for six consecutive months (in case of quarterly tax payment, for two consecutive quarters), and the incremental tax credit of the sixth month is not less than 50 million yuan;
The tax credit rating is Grade A or Grade B;
No fraudulent tax credit refund, export tax refund or false VAT invoices have occurred in the 36 months prior to the application for refund;
No tax evasion has been punished by the tax authorities twice or more in the 36 months prior to the application for refund;
No instant tax refund, first levy and then return (refund) policy has been applied since April 1, 2019 and then return (refund) policy.
Policy Basis
Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs on the Policies Related to the Deepening of Value-added Tax Reform (Announcement of the Ministry of Finance, the State Administration of Taxation and the General Administration of Customs, No. 39 of 2019)
5. Increase in Special Additional Deductions for Individual Income Taxes
Body of Individual Income Taxes
Preferential Contents
Since January 1, 2019, on the basis of the increase in the personal tax exemption to 5,000 yuan per month, the increase of six special additional deductions for children's education, continuing education, medical treatment for serious illnesses, interest on housing loans, housing rent, and support for the elderly.
Policy basis
"Individual Income Tax Law"
6, reduce the ratio of employee pension insurance unit contribution
Enjoy the main body
paying employee pension insurance unit
Preferential content
Since May 1, 2019 employee pension insurance unit contribution rate reduced to 16%; adjustment of the base of contribution The caliber of the average wage used is adjusted from the average wage of employed persons in urban non-private units to the weighted average wage of employed persons in non-private and private units.
Policy basis
Notice of the General Office of the State Council on the Issuance of a Comprehensive Program for Reducing Social Security Fees (Guo Ban Fa [2019] No. 13)
Notice of the General Office of the People's Government of Hebei Province on the Issuance of the Notification (Jizhengban Zi [2019] No. 38)
7. Stage-by-stage exemption and remission of the Employment Guarantee Fund for Persons with Disabilities
Body of enjoyment
Eligible employers
Preferential content
From January 1, 2020 to December 31, 2022, the employment security deposit for persons with disabilities is implemented in a staged reduction policy. Among them: if the proportion of employers arranging for the employment of persons with disabilities reaches 1% (inclusive) or more, but does not reach the proportion stipulated by the people's governments of the provinces, autonomous regions and municipalities directly under the central government where they are located, they shall pay 50% of the amount of the stipulated contributions to be paid to the Employment Security Fund for Persons with Disabilities; and if the proportion of employers arranging for the employment of persons with disabilities is less than 1%, they shall pay 90% of the stipulated amount of the stipulated contributions to the Employment Security Fund for Persons with Disabilities. Enterprises with 30 or fewer employees are temporarily exempted from the levy of the Employment Security Deposit for the Disabled.
Policy Basis
Announcement of the Ministry of Finance on the Adjustment of Policies on the Collection of Employment Security Deposit for Persons with Disabilities (Announcement of the Ministry of Finance No. 98 of 2019)
8. Reducing or Exempting Real Estate Registration Fees from Adjustment of Patent Fees
Enjoying Subjects
Some of the Contributors to the Administrative Fees and Utility Charges
Preferential Contents
Since July 1, 2019, the real estate registration fee will be reduced or waived, and patent fees will be adjusted.
Policy Basis
Notice of the Ministry of Finance National Development and Reform Commission on the Policies Related to the Reduction and Exemption of Partial Administrative Fees and Charges (Cai Shui [2019] No. 45)
9. Adjustment of Partial Government Funds
Enjoyment Subjects
Partial Government Funds Contributors
Preferential Contents
From July 1, 2019 to December 31, 2024, the levy on the construction fee for cultural undertakings attributable to the central government's revenue shall be reduced by 50% of the amount payable by the payer.From July 1, 2019, the levy standard of the National Fund for the Construction of Major Water Conservancy Projects shall be reduced by 50%. Starting from January 1, 2019, pilot enterprises included in the scope of cultivation for the construction of industry-education-integrated enterprises, and the investment for the establishment of vocational education is in line with the regulations, the enterprise can be credited with 30% of the amount of investment in proportion to the amount of the surcharge on education fees and the surcharge on local education payable for the current year. Starting from July 1, 2019, the levy standard of the Civil Aviation Development Fund payable by airlines as stipulated in Article 8 of the Circular of the Ministry of Finance on the Issuance of the Interim Measures for the Administration of the Collection and Use of the Civil Aviation Development Fund (Caixuan [2012] No. 17) will be reduced by 50%.
Policy basis
Notice of the Ministry of Finance on the Adjustment of Relevant Policies of Partial Government Funds (Cai Shui [2019] No. 46)
10. Reduction of Radio Frequency Occupancy Fee, Entry and Exit License Type Fee, Trademark Registration Fee and Other Partial Administrative Fees
Enjoyment Subjects
Partial Administrative Fees Payers
Preferences
Since July 1, 2019, the standards of some administrative fees such as radio frequency occupation fee, entry and exit license-type fees, and trademark registration fees have been reduced.
Policy basis
National Development and Reform Commission Ministry of Finance on the Reduction of Some Administrative Fees and Charges (Development and Reform Price 〔2019〕 No. 914)
11, Extension of Loss Carry-forward Years for High-tech Enterprises and Science and Technology-based Small and Medium-sized Enterprises (SMEs)
Enjoyment of the Subjects
High-tech enterprises and science and technology-based small and medium-sized enterprises
Preferential content
Since January 1, 2018, enterprises with the qualification of high-tech enterprises or science and technology-based small and medium-sized enterprises (SMEs) in the current year are allowed to carry forward the losses incurred in the five years prior to the qualification year that have not yet been made up for to make up for in the following years, with the maximum carry-forward period being extended from five years to 10 years.
Policy basis
The Ministry of Finance and the State Administration of Taxation on the Extension of the Carry-forward Years of Losses of High-tech Enterprises and Science and Technology-based Small and Medium-sized Enterprises (Cai Shui [2018] No. 76)
12. Expanding the scope of the industry of the preferential accelerated depreciation of fixed assets to the whole of the manufacturing industry
Enjoying subject
Taxpayers in the field of manufacturing industry
The preferential content of the preferential treatment is as follows p>
Preferential content
Since January 1, 2019, the application of Cai Shui [2014] No. 75 and Cai Shui [2015] No. 106 provides for accelerated depreciation of fixed assets preferential range of industries, expanding to all manufacturing areas.
Policy Basis
Announcement of the Ministry of Finance and the State Administration of Taxation on the Expansion of the Scope of Application of the Preferential Policy on Accelerated Depreciation of Fixed Assets (Announcement of the Ministry of Finance and the State Administration of Taxation No. 66 of 2019)
13. Temporary Value-added Tax (VAT) Exemption for Donation of Goods for Poverty Alleviation to Units or Individual Industrial and Commercial Enterprises
Enjoyment Subjects
Eligible Units or Individual Industrial and Commercial Households
Contents of the Offer
From January 1, 2019 to December 31, 2025, VAT will be exempted for units or individual industrial and commercial households that donate self-produced, commissioned-processed, or purchased goods to targeted poverty alleviation areas through public welfare social organizations, people's governments at the county level or above and their constituent departments and subordinate agencies, or directly and without compensation.
Policy Basis
Announcement of the Ministry of Finance, the State Administration of Taxation and the State Council Poverty Alleviation Office on the Policy of Exempting Donations of Goods for Poverty Alleviation from VAT (Announcement of the Ministry of Finance, the State Administration of Taxation and the State Council Poverty Alleviation Office, No. 55 of 2019)
Announcement of the Ministry of Finance, the State Administration of Taxation, the National Rural Revitalization Bureau of the Ministry of Human Resources and Social Security on the Extension of the Period of Implementing Part of Preferential Tax Policies on Poverty Alleviation Announcement (Announcement of the Ministry of Finance, the State Administration of Taxation, the Ministry of Human Resources and the Ministry of Social Security, and the National Rural Revitalization Administration No. 18 of 2021)
14. Extension of Certain Tax Preferential Policies on Conversion of Operational Cultural Institutions to Enterprises in the Reform of the Cultural System
Enjoyment Subjects
Operational Cultural Institutions Converted to Enterprises
Contents of Preferential Policies
From January 1, 2019 to December 31, 2023, operating cultural institutions converted into enterprises will be exempted from enterprise income tax for five years from the date of conversion and registration. Cultural units that are allocated by the financial sector for business funding will be converted into enterprises and exempted from property tax on their self-used properties within five years from the date of conversion and registration. Cultural enterprises formed by divesting their distribution and printing businesses and corresponding operating assets from party newspapers and magazines are exempted from value-added tax on the distribution income and printing income from party newspapers and magazines from the date of registration.
Policy Basis
Notice on Continuing the Implementation of Certain Tax Policies for the Conversion of Operational Cultural Institutions into Enterprises in the Reform of the Cultural System (Cai Shui [2019] No. 16)
15, Policies for Supporting the Development of Cultural Enterprises
Body of Enjoyment
Eligible Cultural Enterprises
Preferential Contents
From January 1, 2019 to December 31, 2023, the income from the sale of movie prints (including digital prints), the income from the transfer of movie copyrights (including transfer and license), the income from the distribution of movies, and the income from the use of movie distribution, and the income from the sale of movie prints (including digital prints), the income from the transfer of movie copyrights (including transfer and license), and the income from the use of movie distribution, and the income from the sale of movie prints (including digital prints), the income from the transfer of movie copyrights (including transfer and license), and the income from the use of movie distribution, and the income from the use of movie distribution. Revenue from the sale of movie prints (including digital prints), revenue from the transfer of movie copyrights (including transfer and licensing), revenue from movie distribution and revenue from movie screening in rural areas are exempted from VAT. The VAT exemption applies to the basic cable digital TV viewing maintenance fee and the basic rural cable TV viewing fee collected by broadcasting and TV operation service enterprises.
Policy Basis
Notice of the Ministry of Finance and the State Administration of Taxation on Continuing to Implement VAT Policies to Support the Development of Cultural Enterprises (Cai Shui [2019] No. 17)
16. Exemption of Individual Income Tax and Corporate Income Tax for Individuals or Corporate Investors Transferring Innovative Enterprises' CDRs within Three Years
Enjoying Subjects
Transferring CDRs within Three Years Individuals or corporate investors transferring CDRs of innovative enterprises within three years
Contents of the preferential treatment
From the date of the pilot program, individual investors will be exempted from value-added tax and individual income tax for three years on the difference in the price of the CDRs of innovative enterprises, and corporate investors will be exempted from individual income tax for three years on the difference in the price of the CDRs and dividends and dividends derived from the transfer of CDRs of innovative enterprises. For the income from spreads obtained by transferring CDRs of innovative enterprises and dividends obtained by holding CDRs of innovative enterprises, enterprise income tax shall be levied and exempted in accordance with the policy provisions on income from spreads obtained by transferring stocks and dividends and dividends obtained by holding stocks, and value-added tax shall be levied and exempted in accordance with the policy provisions on the transfer of financial instruments.
Policy Basis
Announcement of the Ministry of Finance, the State Administration of Taxation and the Securities Regulatory Commission on the Relevant Tax Policies for the Pilot Stage of the Domestic Issuance of Depository Receipts by Innovative Enterprises (Announcement of the Ministry of Finance, the State Administration of Taxation and the Securities Regulatory Commission, No. 52 of 2019)
17. Perpetual bonds issued by enterprises can be exempted from enterprise income tax under the policy on dividends and bonuses
Enjoyment Subject
Enterprises that are issuers of perpetual bonds
Preferential content
Since January 1, 2019, perpetual bonds issued by enterprises can be exempted from enterprise income tax by applying the dividend and bonus policy.
Basis of Policy
Announcement of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Enterprise Income Tax Policy on Perpetual Bonds (Announcement of the Ministry of Finance and the State Administration of Taxation No. 64 of 2019)
18, Reduction and Exemption of Value-added Tax (VAT), Income Tax (IT) and Deed Tax (DDT) on the Community-based Family Service Industry such as Retirement Care, Childcare and Home Economics
Enjoyment of Subjects
Provision of Retirement Care, Childcare, home management and other community-based family service industries
Contents of the benefits
From June 1, 2019 to December 31, 2025, the income derived from the provision of community-based elderly care, childcare and home management services shall be exempted from value-added tax (VAT); the income derived from the provision of community-based elderly care, childcare and home management services shall be reduced by 90% of the total amount of income when calculating taxable income; the bearer of housing and land used to The deed tax is exempted if the housing or land is used for providing community elderly care, child care or home management services; the real estate registration fee, cultivated land reclamation fee, land reclamation fee and land idling fee are exempted for the property or land used for providing community elderly care, child care or home management services; the urban infrastructure support fee is exempted for the construction projects used for providing community elderly care, child care or home management services; the air defense basement construction fee is exempted for those who cannot build an air defense basement due to the geologic conditions; the air defense basement construction fee is exempted for those who cannot build an air defense basement due to the geologic conditions. If it is impossible to build an air defense basement due to geological conditions, the air defense basement construction fee shall be exempted; the property and land owned by the institution providing community nursing, child care and housekeeping services or acquired by the institution by way of leasing or gratuitous use and used for providing community nursing, child care and housekeeping services shall be exempted from the property tax and the urban land use tax. For social welfare organizations occupying farmland, they are exempted from farmland occupation tax.
Policy Basis
Announcement of the Ministry of Finance, the General Administration of Taxation, the Development and Reform Commission, the Ministry of Civil Affairs, the Ministry of Commerce, the Ministry of Health, on the Preferential Policies on Taxes and Fees for Community-based Family Services such as Elderly Care, Childcare, and Domestic Helper Services (Announcement of the Ministry of Finance, the General Administration of Taxation, the Development and Reform Commission, the Ministry of Civil Affairs, the Ministry of Commerce, the Ministry of Health, Announcement No. 76 of 2019)
19. Tax Preferences for Business Startup and Employment of Key Groups and Others< /p>
Contents of the preferences
From January 1, 2019 to December 31, 2025, the poverty-stricken population with documented cards, holders of Employment and Entrepreneurship Certificates (with the notation of "Tax Policy on Self-employment" or "Tax Policy on Self-employment within the Graduation Year") or Employment and Unemployment Certificates will be granted preferential tax treatment. (stating "tax policy for independent entrepreneurship" or "tax policy for independent entrepreneurship within the graduation year") or the Employment and Unemployment Registration Certificate (stating "tax policy for independent entrepreneurship"), who are engaged in self-employment, shall be entitled to a deduction of the value-added tax, urban maintenance and construction tax, education surcharge, local education surcharge, local education surcharge, urban maintenance and construction tax, education surcharge and local education surcharge, in the amount of 14,400 yuan per year, for each household, for a period of three years, from the month of the registration of the individual industrial and commercial household education surcharge, local education surcharge and personal income tax. Enterprises recruiting the poor population with documented cards, as well as those who have been registered as unemployed for more than half a year in the public **** employment service organizations of the human resources and social security departments, and who are holders of Employment and Entrepreneurship Certificates or Employment and Unemployment Registration Certificates (with the notation of "Tax Policy on Enterprise Absorption"), and with whom they have signed a labor contract of a term of more than one year and have paid social insurance premiums in accordance with the law If the enterprise has signed a labor contract for more than one year and paid social insurance premiums in accordance with the law, the enterprise will be granted a fixed amount of deduction of value-added tax, urban maintenance and construction tax, education surcharge, local education surcharge and enterprise income tax according to the number of people actually recruited in a period of three years. The flat-rate standard is 7,800 yuan per person per year.
20, increase the export tax rebate rate of some products
Preferential content
Since March 20, 2020, will be porcelain sanitary ware and other 1,084 products export tax rebate rate to 13%; will be plant growth regulators, such as 380 products export tax rebate rate to 9%. The list of specific products is shown in the "List of Products with Increased Export Tax Refund Rate" attached to the "Announcement of the Ministry of Finance and the State Administration of Taxation on Increasing the Export Tax Refund Rate for Certain Products" (Announcement of the Ministry of Finance and the State Administration of Taxation No. 15 of 2020).
21. 50% Reduction of Urban Land Use Tax on Land for Bulk Commodity Warehousing Facilities of Logistics Enterprises
Contents of the Preferential Offer
From January 1, 2020 to December 31, 2022, the urban land use tax on land for bulk commodity warehousing facilities owned (including self-use and leased) or leased by logistics enterprises is reduced by 50% of the applicable tax standard of the land class to which it belongs. land use tax.
22. Reduced Value-added Tax on Sales of Used Vehicles by Used Vehicle Distribution Enterprises
Contents of the Preferential Offer
From May 1, 2020 to December 31, 2023, taxpayers engaged in the sale of used vehicles acquired by used vehicle distribution will be subject to a reduced VAT of 0.5% instead of the original VAT of 2% according to the simple method at the levy rate of 3%, and will calculate sales volume according to the following formula:
The VAT is calculated based on the following formula Calculate sales according to the following formula:
Sales = tax-inclusive sales/(1+0.5%)
23. Renewal of the policy of exempting new energy vehicles from vehicle purchase tax
Contents of the preferential treatment
From January 1, 2018, to December 31, 2022, new energy vehicles included in the Catalog of New Energy Vehicle Models Exempt from Vehicle Purchase Tax ("Catalog") will be exempt from vehicle purchase tax, and those that are included in the Catalog will be exempted from Vehicle Purchase Tax. Catalog"), new energy vehicles are exempted from vehicle purchase tax. Details of the Catalogue can be found in the announcements of the Ministry of Industry and Information Technology and the State Administration of Taxation.The policy of exempting new energy vehicles from vehicle purchase tax for new energy vehicles that have been included in the Catalogue before December 31, 2017 continues to be effective.
24. Continuation of Preferential Tax Policies Related to Supporting Inclusive Finance for Small and Micro Enterprises, Individual Businesses and Farmers
Preferential Contents
(1) Financial institutions are exempted from value-added tax (VAT) on interest income derived from the issuance of small loans to farmers, small businesses, micro-enterprises, and individual business households. Small loans, refers to single-family credit less than 1 million yuan (including this number) of farmers, small enterprises, microenterprises or individual business loans; no credit limit, refers to single-family loan contract amount and the loan balance of 1 million yuan (including this number) or less.
(2) The interest income from small loans to financial institutions for agricultural households is 90% of the total income when calculating taxable income. A small loan is a loan that is single and has a total balance of less than 100,000 yuan (including this number) for that farm household.
(3) Interest income from small loans to farmers obtained by small loan companies approved and established by provincial financial management departments (financial offices, bureaus, etc.) is exempted from value-added tax. A small loan is defined as a single and the total balance of such farmer's loan is less than 100,000 yuan (including this number).
(4) The interest income from small loans to farmers obtained by small loan companies approved by the provincial financial management departments (financial offices, bureaus, etc.) shall be included in 90% of the total income when calculating the taxable income. A small loan is defined as a single and the total balance of the loan for that farm household is less than 100,000 yuan (including this number).
(5) The loan loss reserve of 1% of the year-end loan balance of a microfinance company approved by the provincial financial administration department (financial office, bureau, etc.) is allowed to be deducted before enterprise income tax.
(6) Premium income earned by insurance companies providing insurance business for the planting and farming industries is 90% of the total income when calculating taxable income. Premium income is the balance of the original insurance premium income plus ceded premium income minus ceded premiums.
(7) Guarantee fee income derived by taxpayers from providing financial guarantees for the borrowing and bond issuance of farmers, small enterprises, micro-enterprises and individual industrial and commercial enterprises, as well as re-guarantee fee income derived from re-guaranteeing the said financial guarantees, are exempted from value-added tax (VAT).
25. Pre-tax Carry-forward Deduction Policy for Public Welfare Donations
Preferential Contents
Since January 1, 2020, enterprises or individuals, through public welfare organizations, people's governments at or above the county level, and their departments and other state organs, for public welfare and charitable donations in line with the provisions of the law, shall be allowed to deduct the amount in calculating taxable income in accordance with the provisions of the Tax Law.
26, pre-tax deduction policy for advertising and business promotion expenses
Preferential content
From January 1, 2021 to December 31, 2025, the advertising and business promotion expenses incurred by enterprises in the manufacture or sale of cosmetics, pharmaceutical manufacturing and beverage manufacturing (excluding the manufacture of alcoholic beverages) shall not be more than 30% of the current year's sales (operating) income. part of which is allowed to be deducted; and the part in excess is allowed to be carried forward for deduction in subsequent tax years.
27. Raising the starting point of VAT for small-scale taxpayers
Contents of the preferences
From April 1, 2021 to December 31, 2022, small-scale VAT taxpayers with monthly sales of less than 150,000 yuan are exempted from the levy of value-added tax (VAT).
28. Preferential Policies on Income Tax for Small and Micro Enterprises and Individual Entrepreneurs
Preferential Contents
From January 1, 2021 to December 31, 2022: For the portion of the small and micro enterprises with an annual taxable income of not more than 1 million yuan, the preferential policies shall be applied in accordance with the "Circular of the Ministry of Finance and the State Administration of Taxation on the Implementation of the Policy of Inclusive Taxation Reduction and Exemption for Small and Micro Enterprises" (Cai Shui [2019] No. 13), Article II. No. 13, 2019), on the basis of the preferential policies stipulated in Article 2, the enterprise income tax shall be reduced by half; for the portion of the annual taxable income of individual industrial and commercial households not exceeding 1 million yuan, on the basis of the existing preferential policies, the individual income tax shall be reduced by half.
29, manufacturing enterprises to increase the proportion of R & D expenses plus deduction to 100%
Preferential content
Since January 1, 2021, manufacturing enterprises to carry out R & D activities in the actual incurred R & D costs, the formation of intangible assets are not included in the current period of profit and loss, in accordance with the provisions of the actual deduction based on the actual amount of pre-tax deduction in accordance with the 100% of the actual amount of pre-tax deduction; the formation of intangible assets, the formation of intangible assets, the actual amount of pre-tax deduction. Deduction; the formation of intangible assets, in accordance with the intangible assets cost of 200% amortized before tax.
30. Elimination of Port Construction Fees
Contents of the Offer
Since January 1, 2021, port construction fees have been eliminated. Port construction fees owed in previous years shall be collected in full and liquidated in a timely manner by the relevant enforcement unit, and paid in full to the state treasury in accordance with the channels stipulated by the financial department.
31. Adjustment of Policies Related to Civil Aviation Development Fund
Preferential Contents
From April 1, 2021, the levy standard of the Civil Aviation Development Fund payable by airlines will be lowered by 20% on top of a 50% reduction in accordance with the "Circular of the Ministry of Finance on the Adjustment of the Policies Related to Partial Government Funds" (Cai Shui [2019] No. 46).