According to the relevant provisions of the Regulations for the Implementation of the Enterprise Income Tax Law of the People's Republic of China*** and the State of China, they can enjoy: enterprise income tax;? Consumption Tax;? value-added tax;? Vehicle Acquisition Tax and other tax preferential policies;
Enterprise Income Tax
Energy saving and environmental protection tax policies include the eligible environmental protection, energy saving and water conservation projects and the acquisition of special equipment for environmental protection, energy saving and water conservation and safe production and the implementation of contractual energy management projects by eligible energy saving service companies in the three elements. ) passenger cars, the tax rate from 15% up to 25%; cylinder capacity of 4.0 liters or more passenger cars, the tax rate from 20% up to 40%.
3. Value-added tax (VAT)
According to the Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Policies of Promoting the Development of Energy Conservation Service Industry in respect of Value-added Tax, Business Tax and Enterprise Income Tax (Cai Shui [2010] No. 110), energy-saving service companies are exempted from VAT for the time being for the implementation of qualified contractual energy management projects and the transfer of VAT-taxable goods in the projects to the enterprises using energy.
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4. Vehicle Purchase Tax
According to the Announcement of the Ministry of Finance, the State Administration of Taxation, the Ministry of Industry and Information Technology and the Ministry of Science and Technology on the Exemption of Vehicle Purchase Tax on New Energy Vehicles (Ministry of Finance Announcement No. 172 of 2017), it is stipulated that, from January 1, 2018 to December 31, 2020, the new energy vehicles purchased are exempt from the vehicle purchase tax.
:The following incomes are exempt from enterprise income tax:
(1) interest income derived from loans provided by foreign governments to the Chinese government;
(2) interest income derived from preferential loans provided by international financial organizations to the Chinese government and resident enterprises;
(3) other incomes approved by the State Council.
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