How effective is the export tax rebate adjustment? Reporter's first-line survey: can solve the "near thirst" of enterprises

"At the beginning of the outbreak, foreign customers chased us and asked if they could deliver the goods. Now, many foreign orders have been delayed or cancelled. We chased customers and asked if they can receive the goods."

"I work in a foreign trade enterprise, and I just resumed work shortly because I was forced to stop working because there was no order."

"This war is epidemic", the domestic market hits the first half, the foreign market hits the second half, and the foreign trade companies hit the whole game ... "

With the spread of the New Coronary Pneumonia epidemic worldwide, the operating pressure of foreign trade companies has generally increased dramatically. One of the first problems in front of them is how to maintain the "lifeline" of enterprises-cash flow!

At a critical moment, the country increased the export tax rebate rate for 1,464 products, and the taxation department comprehensively increased the export tax rebate rate, helping to stabilize the basic foreign trade plate.

At the same time, from April 1, the 29th National Tax Publicity Month was officially launched. Taking this opportunity as an opportunity, various localities have made greater efforts to implement preferential tax policies, optimize tax payment services and tax business environment.

How do companies feel when a tax refund arrives in time? What reforms and innovations are behind the efficient export tax rebate mechanism?

Economic Daily-China Economic Net reporters recently conducted surveys and interviews with companies, tax authorities and experts from multiple places.

How much can enterprise costs be reduced

On March 17, the Ministry of Finance and the State Administration of Taxation issued a joint announcement to clarify that from March 20, 2020, the export tax rebate rate for 1,084 items such as porcelain sanitary ware will be increased to 13%; and 380 items such as plant growth regulators The export tax rebate rate for products was increased to 9%.

In this regard, Wang Daoshu, the chief auditor of the State Administration of Taxation, said: "In this way, except for 'high energy consumption, high pollution and resource' products, the tax rebate rate for all exported products is the same as the tax rate, and a zero tax rate for exported products is achieved. The increase in the export tax rebate rate will help reduce the operating costs of enterprises, enhance the international competitiveness of export products, and boost the confidence of export enterprises. "

The reporter learned from the Shandong Provincial Taxation Bureau that the export tax rebate rate adjustment will benefit 5,574 Shandong export enterprises, and it is expected to increase tax rebates by RMB 1.91 billion. According to the calculation of the Guangdong Provincial Taxation Bureau, based on the 2019 export situation, this export tax rebate rate adjustment will benefit US $ 6.17 billion in export commodities in Guangdong. It is expected that 1.2 million enterprises will be injected with export rebate (exempt) tax funds of 1.31 billion for the whole year Yuan Renminbi.

The photovoltaic power station supporting products produced by Qingyuan Technology (Xiamen) Co., Ltd. are mainly exported to Australia, Japan, Southeast Asia and other countries and regions. Affected by the epidemic, the company's capital and inventory turnover pressure increased. Just when the company was worried, the local tax department called to inform them that their products were on the list of products that raised the tax rebate rate. Qingyuan Technology ’s Chief Financial Officer estimated: “Taking carbon steel products as an example, the original export tax rebate rate was 9%, and now it is 13%. It is expected that our company will pay less than RMB 4-5 million in taxes a year.”

Products with a total export volume of 98% of Chongqing International Composites Co., Ltd. can benefit from the increase in the export tax rebate rate. According to the company's financial personnel in charge of export business, the tax rebate rate for these products has increased from 10% to 13%. These three percentage points are expected to increase the tax rebate for enterprises by 11.4 million yuan this year, which can help them purchase new equipment and upgrade products. Competitiveness and strive for more overseas orders.

Sichuan Leshan Fuhua Tongda Pesticide Technology Co., Ltd. is mainly engaged in the research, development, production and sales of a series of herbicide products, and the products are exported to hundreds of countries and regions. Affected by the epidemic situation, the export volume of enterprises in the first two months of this year decreased by 26% compared with the same period of last year, and the export value decreased by 49%. "After the increase in the export tax rebate rate, the tax rebate rate increased from 6% to 9%. This year it is expected that the company can refund an additional 10.25 million yuan, which greatly eases our financial pressure." The company's financial chief said.

In Ningbo, the increase in the export tax rebate rate has benefited more than 5,200 export enterprises in the city. It is expected that the new export tax rebate for the whole year will exceed 350 million yuan. "Improving the export tax rebate rate not only reduces the current burden for the enterprise, but also boosts the confidence of the company's long-term development." The financial staff of Ningbo Fuwei International Trade Co., Ltd. said that all products exported by their company increased at this Within the scope, according to the calculation of the export volume of last year, it is expected that more than 5 million yuan of export tax rebates can be added this year.

The picture shows the taxation personnel of the Dongguan Taxation Bureau of the State Administration of Taxation using a "contactless" method to help taxpayers understand the new tax refund policy. (Profile picture)

Not "distant water" can solve "near thirst"

"I didn't expect", "It's too fast," "Sending the charcoal in the snow", this is the most remarked by a reporter from the Economic Daily-China Economic Net when hearing many companies talking about export tax rebates.

Shandong Huimeng Biotechnology Co., Ltd. is located in Chengwu County, Heze City, and is mainly engaged in the production of pharmaceuticals and pesticide intermediates. After the epidemic occurred, the raw materials could not come in, the products could not get out, and the production and operation were in trouble. At this time, a sum of RMB 5,548,700 was charged into the corporate account.

Huiying Bio ’s accountant Wang Yinglan did n’t think it was an export tax rebate at the beginning, because they just filed it in the morning, and it must not be so fast. But when she called to check the source of the payment, she discovered that it was the export tax rebate they had just declared to the tax department.

"It's too fast!" Wang Yinglan sighed. It used to take 2 days for them to receive export tax rebates, and now they will be paid in half a day. Since the beginning of this year, as of early April, Huimeng Bio has handled two export tax rebates totaling RMB 7.9748 million, which greatly eased the company's financing pressure.

Increasing the speed of tax refunds is inseparable from the "non-contact" real trick. Starting from February 10, the State Administration of Taxation will implement the "contactless" process for the entire process of export tax rebates, including "contactless" declaration, review and feedback.

During the epidemic, enterprises can submit electronic data for declaration through online channels such as the Electronic Taxation Bureau, and they can handle export tax rebate (exemption) tax filing, certificate issuance, and related declarations without having to provide paper materials. Tax authorities only review electronic data, and if there is no problem in reviewing, tax refund (exemption) matters can be handled. After the completion of the process, the export enterprise shall be informed of the results of the process through the network in a timely manner. If the enterprise needs to issue a paper certificate, the tax authority can also serve it by mail.

As of March 30, tax authorities across the country handled a total of 204 billion yuan in export tax rebates for nearly 230,000 export enterprises, effectively reducing the pressure on enterprises ’funds. At the same time, the State Administration of Taxation requires that the average processing time for normal tax refund business be increased by another 20%, which is compressed from 10 working days in 2019 to within 8 working days.

The tax rebate is "express and expedited", and the momentum of enterprises has greatly increased!

On February 17, Hebei Laili Yiteng Plastic Manufacturing Co., Ltd. declared two export tax rebates, totaling 1.08 million yuan, and the tax refund was charged to the corporate account in only one day. With sufficient financial guarantees, they immediately recruited 23 new local workers, expedited production, and completed foreign orders in a timely manner.

"We submitted the tax rebate declaration online, and unexpectedly, after three and a half hours, the tax rebate of RMB 7,250,600 was charged into the corporate account." Guangzhou Haiou Residential Industry Co., Ltd. Finance Director said that the company was delayed due to the epidemic and resumed production, but Workers pay a lot for their wages, utilities, and futures payments. Companies are under tremendous pressure on cash flow, and export tax refunds are promptly available to help them!

Li Xuhong, director of the Institute of Finance, Taxation and Application at the National Accounting Institute of Beijing, said: "For enterprises, the time required for tax refunds is getting shorter and shorter, and the way to deal with them is becoming simpler and easier. Enterprises can get tax refunds faster, which helps alleviate The capital pressure of enterprises reduces the cost of capital occupation, which indirectly improves the economic benefits of enterprises. "

More innovation on the road

Tang Jiqiang, a professor at Southwestern University of Finance and Economics and a principal researcher at Xicai Think Tank, believes that the spread of the international epidemic will adversely affect the production, sales, and logistics of foreign trade companies in China. In this case, it is very important to help enterprises solve the financial problems. Among them, export tax rebate is an important measure. By increasing the export tax rebate rate and speeding up the export tax rebate rate, it is helpful to reduce the operating costs of enterprises, enhance the international competitiveness of export products, and effectively promote the stability of foreign trade.

Lu Bingyang, a professor at Renmin University of China, also believes that the timely adjustment of export tax rebate policies and the overall increase in the rate of tax rebates are a key move to help foreign trade enterprises overcome difficulties.

At present, reforms and innovations around export tax rebates continue to deepen. Fu Shulin, a spokesman for the State Administration of Taxation, said: "At present, the overseas epidemic situation continues to spread, which has a great impact on China's foreign trade exports. Next, the tax department will take the opportunity of launching a tax publicity month as an opportunity to closely monitor the economic operations at home and abroad. The situation and the demands of foreign trade companies help companies make good use of compliant foreign trade policy tools such as export tax rebates to stabilize the basics of foreign trade. "

The reporter also learned about some of the latest initiatives in export tax rebates from tax authorities in many places. For example, the Jiangsu taxation department has further reduced the processing time for export tax rebates, and actively and steadily implemented convenient measures such as the convenient payment of outbound tax rebates and the "buy and rebate."

Jiangxi Province abolished the relevant regulations on the deadline for handling export tax rebates. Due to the impact of the epidemic situation, export enterprises that fail to declare export tax rebates, handle foreign exchange collection and apply for the issuance of relevant certificates may declare tax refunds or apply for the issuance of relevant certificates to the tax authorities after collecting the tax refund certificates and collecting foreign exchange.

Henan Provincial Taxation Bureau will continue to expand the scope of paperless declaration of export tax rebates, implement “non-contact” audits and “non-contact” investigations and evaluations, further reduce the processing time of export tax rebates, and effectively reduce the burden of taxation for enterprises.

In addition, in the process of comprehensively speeding up export tax rebates, tax big data is playing an active role. Anhui Wuhu Southeast Asia International Trade Co., Ltd. originally submitted only an export tax rebate application of 13 million yuan in March. Unexpectedly, the local taxation bureau informed them that there was another 7 million yuan that did not declare an export tax rebate. The company's financial staff checked and found that this was the case and was very pleasantly surprised.

It turned out that the local taxation department compared the big tax data of enterprise VAT invoices and tax declarations. If it was found that part of the enterprise's business did not declare export tax rebates in a timely manner, it will guide the enterprise to re-apply for online declarations through the entire network to ensure that the tax refunds are "not bad." Arrive.

Fan Yong, a professor at the Central University of Finance and Economics, believes that although export tax rebates have relieved the "great thirst" of foreign trade companies, companies still face many challenges, and they still need to strengthen coordinated linkages to fight the policy "combination punch" and take multiple measures to help companies. overcome obstacles. At the same time, enterprises should actively adjust their survival and development strategies according to market changes and their own conditions, and work together to meet challenges. (Economic Daily-China Economic Net reporter Dong Bijuan)