Question 2: What businesses are tax exempt? Tax-exempt income includes interest income from treasury bonds, dividend and bonus income between qualified resident enterprises, dividend and bonus income from resident enterprises by non-resident enterprises that have set up institutions or premises in China and are physically connected with such institutions or premises, and income from qualified non-profit public welfare organizations.
In addition to the above, the following are also included
Article 27 Enterprises may be exempted from, or have their enterprise income tax reduced in respect of, the following incomes:
(1) Income from engaging in agricultural, forestry, animal husbandry and fishery projects;
(2) Income from engaging in the investment and operation of public ****infrastructure projects which are key to be supported by the state;
(3) Income from engaging in qualified environmental protection, energy-saving and water conservation projects;
(3) Income from engaging in eligible (c) Income from engaging in qualified environmental protection, energy-saving and water-saving projects;
(d) Income from qualified technology transfer;
(e) Income provided for in Paragraph 3 of Article 3 of this Law
Question 3: What are the tax-exempted items in China? 1, the business tax exemptions are:
(1) child care centers, kindergartens, nursing homes, welfare institutions for the disabled to provide child-rearing services, marriage introduction, funeral services.
(2) Labor services provided by individuals with disabilities.
(3) Medical services provided by hospitals, clinics, and other medical institutions.
(4) Educational services provided by schools and other educational institutions, and labor services provided by students working and studying.
(5) Agricultural mechanization, drainage and irrigation, pest control, agricultural and animal husbandry insurance, as well as related technical training, poultry, livestock, aquatic animals, breeding and disease control business.
(6) Memorials, museums, cultural centers, art galleries, exhibition halls, painting and calligraphy institutes, libraries, cultural relics protection units to hold cultural activities sold tickets business, religious places to hold cultural and religious activities business.
In addition to these tax exemptions, there are also tax exemptions for individuals whose taxable income does not reach the starting point. The starting point for the monthly turnover of 1000 to 5000 yuan; the starting point for each (daily) turnover of 100 yuan. If the starting point is reached, the full amount of business tax will be levied.
2, the individual income tax law exemptions
According to the current individual income tax law, individuals are exempt from paying individual income tax on the following income:
(1) the provincial people ***, ministries and commissions of the State Council and the Chinese People's *** Army and above, as well as foreign organizations, international organizations issued by the scientific, educational, technological, cultural, health, sports, environmental protection and other bonuses;
(2) interest on national bonds and financial bonds issued by the state;
(3) subsidies and allowances issued in accordance with the unified provisions of the state;
(4) welfare payments, pensions, and relief payments;
(5) insurance payouts;
(6) military personnel's rehabilitation and demobilization fees;
(7) (7) Settlement fees, severance pay, retirement pay, retired pay, retired pay, and retired living allowance paid to cadres and employees in accordance with the unified regulations of the State;
(8) Income of diplomatic representatives, consular officials and other personnel of embassies and consulates of various countries in China, which shall be exempted from tax in accordance with the relevant provisions of the laws of China;
(9) Income exempted from tax as stipulated in the international conventions and agreements signed by China ***; and
(10) Income approved by the financial department of the State Council for tax exemption.
In addition, the Individual Income Tax Law stipulates that the following items can be subject to reduced individual income tax upon approval:
(1) the income of the disabled, the orphans and the martyrs;
(2) major losses caused by serious natural disasters;
(3) other tax reductions approved by the State Council's financial department.
3, China's Interim Regulations on Consumption Tax provides that taxpayers export taxable consumer goods, except for state-restricted products, are exempt from consumption tax.
(1) The taxable consumer goods exported by the production enterprises with the right of export operation are exempted from consumption tax in accordance with the actual export quantity and amount.
(2) Consumption tax exemption for taxable consumer goods re-exported by processing with supplied materials.
(3) Consumer goods shipped out of China by foreign contracting companies for use in foreign contracting projects; shipped out of China by enterprises after purchasing in China as investment in foreign countries; used in foreign repair and fitting business by enterprises undertaking repair and fitting business in foreign countries; sold by foreign ship supply companies and ocean shipping supply companies to foreign ships and ocean liners and received foreign exchange; established with the approval of the State Council and enjoying the right of import and export operation, Chinese-foreign joint ventures enjoying the right of import and export operation shall be exempted from consumption tax. The sino-foreign joint ventures approved by the State Council and enjoying the right of import and export operation acquire self-exported domestically produced taxable consumer goods are all state-authorized refunds, exempted from the consumption tax on taxable consumer goods.
Enterprises producing and selling small cars, cross-country vehicles and minibuses that meet the low-pollution emission limit standards are entitled to a 30% reduction in consumption tax.
The taxable consumer goods exported by foreign trade enterprises and agents can be refunded the consumption tax already collected.
The number of sales of consumer goods×applicable tax standard+sales of taxable consumer goods×applicable tax rate
4. VAT exemptions and reductions are stipulated by the State Council, and the main items that can be exempted from VAT are as follows:
? (1) Self-produced primary agricultural products sold by production units and individuals in agriculture (including planting, breeding, forestry, animal husbandry and aquaculture).
? (2) processing re-export of goods.
? (3) the following enterprises (projects) imported the provisions of the equipment for their own use and in accordance with the contract with the equipment imported technology and equipped with kits, spare parts:
? First, the state to encourage and support the development of foreign-invested projects and domestic investment projects within the total amount of investment in the import of equipment for their own use, unless otherwise provided by the state;
? Second, the enterprise for the production of "National High-tech Product Catalog" in the products listed in the import of the specified equipment for personal use and in accordance with the contract with the equipment imported technology and ...... >>
Question 4: What is the income of the enterprise is tax-exempt income Tax-exempt income, refers to taxable income belonging to the enterprise, but in accordance with the provisions of the Enterprise Income Tax Law is exempted from the collection of enterprise income tax income. Enterprise income tax exempt income are:
First, the national debt interest income
National debt interest income, refers to the State Council financial department of the State Council issued by the national debt interest income. Dividends, dividends and other equity investment income between eligible resident enterprises
Dividends, dividends and other equity investment income between eligible resident enterprises refers to the investment income obtained by resident enterprises directly investing in other resident enterprises. Third, non-resident enterprises that have set up institutions or establishments in China obtain from resident enterprises dividends, bonuses and other equity investment income that is physically connected to the institutions or establishments
Dividends, bonuses and other equity investment income, excluding investment income obtained from holding publicly issued and listed stocks of resident enterprises for less than 12 months. Income of Qualified Non-profit Organizations
The EIT exempt income of qualified non-profit organizations includes the following income:
1. Income from donations from other units or individuals;
2. Income from *** subsidies other than financial allocations stipulated in Article 7 of the EIT Law, excluding income obtained from *** purchasing services;
3. Income obtained from the purchase of services due to *** purchasing services;
4. Income obtained from the purchase of services due to *** purchasing services.
3. Dues collected in accordance with the regulations of the civil affairs and finance departments at or above the provincial level;
4. Interest income on bank deposits derived from non-taxable and tax-exempted income;
5. Other incomes stipulated by the Ministry of Finance and the State Administration of Taxation.
Tax exemption refers to the exemption of all taxes payable in accordance with the provisions of the tax law, which is a special provision to encourage, support or take care of certain taxpayers or objects of taxation, and it is a kind of tax preference commonly adopted by all countries in the world and all kinds of taxes. Tax exemption is a measure that combines the seriousness of taxation and the necessary flexibility.
Statutory tax exemptions refer to the tax exemptions listed in the tax law. This type of tax exemption is generally provided by the decision-making body with tax legislation, and included in the tax law, tax regulations and implementation rules of the corresponding tax exemptions. This kind of tax exemption provisions, the tax exemption period is generally longer or unlimited, the tax exemption content has strong stability, once included in the tax law, without special circumstances, generally will not be modified or canceled. This kind of tax exemption is mainly from the national (or regional) national economic macro-development and industrial planning of the overall situation, some need to encourage the development of the project or the relationship between social stability of the industry sector, to give tax support or care, with long-term applicability and strong policy.
Question 5: What are the tax-exempted industries? There are three types of tax exemptions: the first type of exemption is the system of exemption, which is the tax laws, administrative regulations and the State Council's provisions of the tax cuts and exemptions. For example, the foreign-funded enterprises to implement the "two exemptions and three reductions"; for the annual tax amount of less than 30,000 yuan of enterprises, reduced by 18% of the tax rate of income tax.
The second type is temporary tax exemptions and reductions, such as those determined by the Ministry of Finance and the State Administration of Taxation (SAT) in accordance with the needs of economic development. 2003, during the SARS outbreak, the Ministry of Finance and the SAT issued a policy stipulating that donations made by Chinese domestic enterprises, individuals, and other social forces to the prevention and treatment of SARS are allowed to be deducted before the payment of income tax; and that donations made by domestic enterprises, individuals, and other social forces are allowed to be deducted before the payment of income tax. The government has also introduced a policy that allows donations to the SARS prevention and treatment effort from domestic enterprises, individuals and other social forces to be deducted before the payment of income tax.
The third type is other relief. Mainly local *** in accordance with the tax laws and regulations given the authority to taxpayers to implement tax reductions, tax exemptions. Such as local *** taxpayers due to force majeure, accidents and other special reasons, as well as tax relief for poor areas or taxpayers with real difficulties. In addition, some local *** will be part of the local financial revenue back to the enterprise, in order to achieve the effect of attracting investment. For example, a document of Beijing Miyun District *** stipulates that the production-oriented enterprises introduced into the district should be given financial support for three years at a rate not exceeding 12.5% of the total value-added tax (VAT), and 25% to 40% of the total business tax and enterprise income tax.
The fact is that no matter what type of tax breaks or exemptions are granted, they will result in a reduction in revenue.
In view of the various shortcomings of local tax incentives, the State Council has repeatedly ordered the prohibition of this practice. 1998 State Council issued Document No. 4 of the State Council provides that: local *** shall not be in the tax law explicitly granted outside the management of unauthorized changes, adjustments, modifications of the national tax law and tax policy; 2000 State Council Document No. 2 of the State Council further provides that: the first to return or other exemptions and reductions. Document No. 2 of the State Council issued in 2000 further stipulates that strong measures must be taken to stop the practice of attracting investment by means of first levy and then return or other tax exemptions and reductions. However, under the current hierarchical financial system, the local *** no tax legislation, only tax jurisdiction, coupled with the pressure of investment promotion around the local *** tax return with local financial funds is difficult to be effectively cleaned up.
Question 6: What are the tax exemptions for enterprise income tax? The tax-exempt income of enterprise income tax includes:
Interest income from treasury bonds, dividends, bonuses and other equity investment income between qualified residents, dividends, bonuses and other equity investment income from resident enterprises of non-resident enterprises that have set up institutions and premises in China, and income from qualified non-profit organizations.
Question 7: What are the tax-exempt industries? Relevant provisions on VAT exemption
(1) Except for the financial leasing business engaged in by the units approved by the People's Bank of China and the Ministry of Foreign Trade and Economic Cooperation (now the Ministry of Commerce) to operate financial leasing business, the financial leasing business engaged in by other units, where the ownership of the leased goods is transferred to the lessee, the value-added tax (VAT) is levied, and the goods leased by the All authority is transferred to the lessee, and no value-added tax is levied.
(2) Since January 1, 2001, the following goods are subject to the policy of immediate refund of VAT:
Shale oil and other products produced and processed by utilizing oil mother shale, which is the discarded material accompanying the process of coal mining; regenerated asphalt concrete produced by mixing not less than 30% of waste asphalt concrete in the raw materials for production; electricity produced by utilizing municipal domestic garbage; electricity produced by mixing not less than 30% of waste asphalt concrete in the raw materials for production; and electricity produced by utilizing municipal domestic garbage; electricity produced by utilizing municipal domestic garbage in the process of production. Raw materials mixed with not less than 30% of coal brazing stone, coal, fly ash, coal-fired boiler slag (excluding blast furnace slag) and other waste cement production.
(3) Since January 1, 2001, the following goods to implement the policy of halving the VAT levy according to the amount of VAT payable:
The use of coal brazing stone, coal slurry, oil mother shale and wind power production of electricity; some of the new wall material products. Skeleton (4) since December 1, 2001, the production of clay solid bricks and tiles produced by general VAT taxpayers are subject to the use of the tax rate of value-added tax, and shall not be subject to the simplified method of value-added tax.
(5) The transfer of taxable goods involved in the transfer of all property rights of an enterprise does not fall within the scope of VAT and is not subject to VAT.
(6) The sales of gold (excluding the following varieties: AU9999, AU9995, AU999, AU995, with specifications of 50 grams, 100 grams, 1 kilogram, 3 kilograms and 12.5 kilograms of gold, hereinafter referred to as the standard gold) and gold mineral sands (including associated gold) by gold production and operation units are exempted from VAT; the import of gold (including standard gold) and gold ore are exempted from import VAT. Gold Exchange member units through the Gold Exchange sales of standard gold (holding the Gold Exchange issued the "gold transaction settlement certificate"), did not occur in the physical delivery, exempt from value-added tax; occur in the physical delivery, by the tax authorities in accordance with the actual price of the transaction on behalf of the opening of special invoices for value-added tax, and the implementation of value-added tax is refundable policy.
(7) The sales of waste materials acquired by the recycling business units of waste materials are exempted from value-added tax.
(8) VAT is levied on one-time fees charged by VAT taxpayers engaged in public **** undertakings such as heat, electricity, gas, water, etc., where such fees are directly related to the quantity of goods sold, VAT is levied; and VAT is not levied on the goods where such fees are not directly related to the quantity of goods sold.
(9) Fees collected by a taxpayer on behalf of the relevant administrative departments, which meet the following conditions at the same time, are not out-of-the-money fees and are not subject to VAT.
Approved by the State Council, relevant departments of the State Council or provincial-level ***; issuing special bills for administrative fees approved by the financial department; and the full amount of the collected money is paid to the finance or not paid to the finance but supervised by the *** department, and the money is earmarked for special use.
(10) The insurance premiums charged to the purchaser by the taxpayer for selling goods and the vehicle purchase tax and license fee charged to the purchaser by the taxpayer engaged in the sale of automobiles are not levied as out-of-priced expenses.
(11) The income from software installation fee, maintenance fee, training fee, etc. collected by taxpayers from the sale of software products together with the sale shall be subject to VAT in accordance with the relevant provisions on mixed sales of VAT, and can enjoy the policy of instant VAT refund for software products.
Question 8: What taxes are exempted for tax-exempt enterprises? Tax-exempt enterprises, the specific exemption of what tax, the local tax bureau recognized by law.
Usually said tax-free enterprises, basically refers to the exemption of enterprise income tax. There is also a reduction in turnover tax (value-added tax or business tax, the corresponding urban construction tax, education surcharges, etc. also with? Reduced).
Enterprise tax relief refers to the state to encourage and take care of certain taxpayers or tax objects, reduce its tax basis or from its taxable tax to reduce part of the tax or exempt all the tax tax preferential measures.
Enterprise tax relief includes tax base relief, tax rate relief and tax amount relief.
That is, the difference between the taxable amount calculated by the taxpayer according to the statutory basic tax rate and the taxable amount after enjoying tax incentives.
"Tax base relief" refers to tax relief in the form of narrowing the basis of tax calculation, such as raising the starting point, but this tax relief census does not include pre-tax deduction for income tax.
"Tax rate relief" refers to tax relief in the form of lowering the tax rate, including reducing the tax rate by a low tax rate and implementing a zero tax rate.
"Tax relief" refers to tax relief in the form of direct reduction of the taxable amount, including full exemption, half levy reduction, stipulating the percentage of reduction, and approving the amount of tax reduction, etc.
"Tax relief" refers to tax relief in the form of direct reduction of the taxable amount, including full exemption, half levy reduction, stipulating the percentage of reduction and approving the amount of reduction.
"Statutory basic tax rate" refers to the tax law legislated by the National People's Congress, the regulations formulated by the State Council or by the provincial people's congresses, as well as the tax rate determined by the documents of the Ministry of Finance and the State Administration of Taxation, e.g., the basic rate of value-added tax (VAT), including 17% applicable to general taxpayers, 13% applicable to partially designated goods, and 3% applicable to small-scale taxpayers; 3% applicable to enterprise taxpayers; and 3% applicable to enterprises. taxpayers; the basic tax rate for enterprise income tax and income tax for foreign-invested enterprises and foreign enterprises is 25%.
Question 9: What tax exemptions are now available for agricultural enterprises? The State Administration of Taxation has issued the "Announcement on the Implementation of Enterprise Income Tax Preferences for Agricultural, Forestry, Animal Husbandry and Fisheries Projects", which makes specific provisions on the implementation of enterprise income tax preferential policies and related issues in the collection and management of the income of enterprises (including farmers' professional cooperatives of enterprise nature) engaged in agriculture, forestry, animal husbandry and fisheries projects.
The announcement makes it clear that offshore fishing enterprises that have obtained the Certificate of Qualification for Offshore Fishing Enterprises issued by the Ministry of Agriculture and are in the period of validity are exempt from enterprise income tax on the income derived from offshore fishing business.
The announcement stipulates that enterprises will purchase agricultural, forestry, animal husbandry, fishery products, in their own or rented sites for fertilization, seedling and other planting, breeding, after a certain growth cycle, so that the biological form of the change, and not due to the link to the processing of seafood products and the value of the product is significantly increased, can be considered as agricultural products planting, farming projects, to enjoy the corresponding tax incentives. If it is difficult for the competent tax authorities to determine whether the planting and breeding of agricultural products meets the above conditions, the enterprises may be required to provide confirmation from the competent departments of agriculture, forestry, animal husbandry and fisheries *** above the county level.
The announcement also makes it clear that enterprises engaging in projects that are subject to different enterprise income tax policies should be accounted for separately, and the tax basis of the preferential projects and the amount of preferences should be calculated separately; if the separate accounting is not clear, it can be approved by the tax authorities in charge in accordance with the proportional apportionment method or other reasonable methods.