In order to effectively respond to the impact of the epidemic, various regions have continuously introduced "hard-core" measures to promote the resumption of work and production of transportation enterprises and alleviate business difficulties.

Sichuan: Finance assumes logistics costs

Recently, the Sichuan Provincial Government issued the "Ten Measures to Relieve the Production and Operation Difficulties of Transportation Enterprises during the Epidemic of New Coronavirus Pneumonia", clarifying the 10 assistance policies for transportation enterprises during the prevention and control of the new Coronavirus pneumonia in Sichuan Province.

★ For transportation companies that undertake the delivery of living materials, the logistics costs incurred will be subsidized by the finance.

★ For transportation companies that lease state-owned assets for operating houses, some rents will be reduced or exempted.

★ Social insurance contributions paid by transportation companies can be partially refunded, and certain subsidies are given to enterprises that absorb employment of migrant workers.

★ Appropriate policy subsidies will be provided for road passenger vehicles participating in the "Spring Action".

★ Road passenger shuttles and chartered cars affected by the epidemic are allowed to report for stop.

★ The increase in the cost of epidemic prevention and control during the resumption of transportation construction projects can be included in the construction cost.

★ For highway and waterway projects that comply with the policy, financial subsidy funds can be appropriately issued in advance to ease the pressure on funding.

★ For transportation and operation enterprises affected by the epidemic, banks and financial institutions are encouraged to provide policy support such as loans and financing.

★ For passenger and cargo transportation vehicles and ships that have been suspended due to the epidemic situation, the bancassurance agency should allow them to extend the duration of the vehicle's strong insurance, ship carrier liability insurance and related commercial insurance. 4 months.

★ Toll road operating companies that have difficulty repaying the principal and interest of the current bank loan due to the waiver of tolls, encourage financial institutions of banks to allow them to extend their loans appropriately and optimize credit management during the epidemic. For toll road operating enterprises that need to apply for working capital loans or apply for construction project loans for their associated investors in the near future, banks and financial institutions are encouraged to help enterprises facilitate loans.

Yunnan: discount interest on loans to transportation companies

The Yunnan Provincial Department of Finance and the Provincial Department of Transportation have studied and formulated 10 measures to support transportation enterprises to resume production and operation.

★ Help companies to alleviate funding difficulties. For 2020 new highway and waterway passenger and freight companies, new loans in 2020 will be discounted at 50% of the actual loan interest rate. 1 year.

★ The 16 provinces (cities) in the province will be evaluated and resumed for transportation, and the top 8 states (cities) will be given bonus support.

★ Air transportation temporarily launches international cargo routes for epidemic prevention and control of emergency supplies and will be fully subsidized under the current policy.

★ Arrange 300 million yuan of provincial route training funds, and provide certain subsidies according to the standard for the losses incurred by airlines operating international routes that are included in the route development plan, intra-provincial ring routes and short-haul general aviation.

★ If the route is grounded due to the epidemic situation, after the original breeding period expires, the route breeding period will be extended accordingly according to the grounding period during the epidemic period.

★ Arrange a special fund of 50 million yuan, actively promote the adjustment of transportation structure, and vigorously support the "transit to railway".

★ The operation period of road passenger lines in the province has been postponed for 6 months after the expiry of the period to support the passenger operation industry to hedge against the epidemic.

★ The annual review of road transport vehicles has been postponed until 45 days after the epidemic has been resolved.

★ Vehicles participating in traffic safety co-ordination will be postponed for 3 months.

★ 10% of the accumulated portion of the traffic safety claims settlement reserve will be subsidized to the enterprises participating in the traffic safety coordination for epidemic prevention and control, production safety, and normal operation.

Fujian: "One Enterprise, One Policy" Precision Support

Fujian Province issued the “Notice on Several Measures to Support the Development of Modern Service Industry of Transportation in Response to the New Coronary Pneumonia Epidemic Situation”. There are 11 specific measures to fully support the modern service industry of transportation to resume production.

★ Actively carry out road transportation business online processing, simplify the process and quickly complete.

★ Support modern transportation service enterprises such as Internet freight, express delivery services, urban green distribution, land ports, multimodal transport, smart travel, and cruise economy, etc., and enjoy financial support policies in accordance with regulations and actively connect with "quick service loan" financing services.

★ The transportation modern service industry enterprises affected by the epidemic that cannot pay taxes on time can apply for deferred payment of taxes in accordance with the law; small and medium-sized enterprises affected by the epidemic situation can apply for real estate tax and urban land use tax relief.

★ Small and medium-sized enterprises in the transportation modern service industry that lease state-owned commercial real estate can be exempted or halved for 3 months, or deferred rent collection. Encourage insurance companies to appropriately reduce insurance costs for operating vehicles, ships, and aircraft that were suspended during the immunization period.

★ Support qualified online freight platform companies to apply for headquarters enterprise identification and headquarters economic policies. Provincial demonstration enterprises on the network freight platform are allowed to carry out pilot work such as issuing special VAT invoices.

★ Support the construction of express e-commerce industrial parks. The express e-commerce industrial park projects with an investment scale of more than 2 billion yuan and completion of the first phase of land bidding and auction by September 30, 2020 will be given priority protection and processing accordingly.

★ Arrange special funds of RMB 20 million to support the purchase of refrigerated transport vehicles by road cargo transportation enterprises in the province.

★ Encourage districts and cities with conditions to carry out "five unification" pilots of urban green distribution and develop pilot implementation plans.

★ Create a convenient channel for cross-border logistics, support Fuzhou, Xiamen, Quanzhou and Pingtan to accelerate the development of cross-border e-commerce and open cross-border e-commerce intercontinental charter flights.

★ During the epidemic period, the government will provide support for road passenger transportation companies that undertake the services of shift line transportation and return of chartered vehicles to the workforce through government purchase of services or subsidization of some chartered car costs; enterprises that perform emergency transportation tasks belong to the government purchase of public services Yes, finances at all levels must compensate. During the epidemic period, taxi drivers who continue to engage in operational services will be allowed to reduce or exempt their contracted payments and extend the contract period.

★ For enterprises in the aviation, highway and other industries that have been severely affected by the epidemic, "one enterprise, one policy" will further study specific assistance measures.

Gansu: VAT exemption for emergency supplies protection income

Recently, the Gansu Provincial Department of Transportation and the State Administration of Taxation and the Gansu Provincial Taxation Bureau jointly issued the “Notice on Implementing the VAT Reduction Policy during the Epidemic Prevention and Control Period” to effectively reduce the burden on transportation enterprises and help transportation enterprises resume work and resume production.

★ The taxpayer's income from the provision of public transport services is exempt from VAT.

★ The income from the taxpayer's key protection materials for transportation epidemic prevention and control is exempt from value-added tax.

★ From March to May 2020, small-scale taxpayers will apply the 3% taxable taxable sales income minus the 1% taxable tax rate.

★ For taxpayers who have filed tax declarations before the introduction of relevant policies and can enjoy the deduction and exemption policy according to regulations, transportation companies can apply for tax refunds.