China News Network Dalian March 30 (Yang Yi Zhao Xin) "The tax rebate rate increased from 6% to 9%, the difference between the tax rebate rate is 0, and the export tax rebate is expected to increase by 900,000 yuan. For small businesses like us This is a lot of money. "Recently, after learning that China has adjusted the export tax rebate rate for some products, Cao Dongxue, the accountant of Dalian Golden Cat Rat Medicine Co., Ltd., hastily calculated a sum.
On March 17, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Increasing the Export Tax Rebate Rate for Certain Products", and decided to increase the export tax rebate rate for 1,084 items such as porcelain sanitary appliances to 13% from March 20 to increase plant growth. The export tax rebate rate for 380 products including regulators was increased to 9%. The new policy will lower the "ganlin" for export enterprises. According to the policy, the State Administration of Taxation's Dalian Municipal Taxation Bureau has conducted preliminary calculations, and will increase export tax rebate of 200 million yuan for Dalian enterprises this year, which is equivalent to reducing export costs by 200 million yuan. The tax rebate rate of 1,464 kinds of goods is consistent with the tax rate, and the zero tax rate for export goods is fully realized.
Yin Hong, director of the Second Taxation Branch of the Dalian Municipal Taxation Bureau, said that the reduced export costs will directly increase the working capital of the enterprise. If calculated in accordance with bank loan interest, it can save more than 7.5 million yuan in loan interest. After the tax rebate rate increased, export companies received more tax rebates, and Dalian's average tax rebate processing speed of less than 4 days ranked first in the country. A timely and full tax rebate will definitely improve the liquidity of enterprises and inject cash into the company. vitality. Under the impact of the current epidemic and the difficulty and cost of financing, this will effectively reduce financial costs, help export companies revitalize funds, and support the healthy development of the real economy.
According to estimates, the new policy will reduce export tax credits by 150 million yuan each year and reduce local surcharges by 18 million yuan. For production export enterprises, at the same export scale, an increase in the tax rebate rate will inevitably reduce the tax credit, and local taxes such as urban construction tax and education surcharge based on the tax credit will also be reduced. The tax burden was effectively reduced. Key industries in our city such as chemical product manufacturing and agricultural and sideline products processing industries will all enjoy the dividends of the New Deal and be lightly loaded on the international market.
Dalian Baiao Chemical Co., Ltd., located in Songmudao Chemical Park, Puwan New District, is mainly engaged in the research, development, production and sales of industrial antiseptic fungicides. It is a leading domestic manufacturer of similar products. The products are exported to Europe and the United States. The thiazole ring, thiafencarb, thiamydone, and disinfectant produced by the company are all in the list of products covered by the policy. As soon as the announcement was released, Liu Dongguang, the person in charge of the enterprise, received telephone counselling from the tax cadres of the Tax Bureau of Jinzhou District, Dalian. Liu Dongguang introduced that the company's policy-compliant products' export sales in 2019 were 53.8 million US dollars, accounting for 85.8% of the company's total export sales. The increase in tax rebate rate is expected to increase the export tax rebate of US $ 2.3 million for enterprises.
The Dalian Taxation Bureau upgraded the tax refund rate library in time to allow enterprises to automatically enjoy the policy bonus and convert the excessive tax refunds into funds for sustainable development. "This policy is an important decision made by the country in order to respond to the impact of the epidemic, stabilize foreign trade and foreign investment, and is an important measure to support export companies to overcome difficulties and reduce the burden on enterprises. We will closely track the implementation of policies and analyze the effects of policies in multiple dimensions. "Efforts will be made to guide export companies to make good use of their policies, use their livelihood, and use their feet to the fullest extent possible to make up for the losses caused by the epidemic." Yin Hong said. (Finish)