China News Service, March 10th. According to the website of the State Administration of Taxation, the State Administration of Taxation released a new version of the "Guidelines for Preferential Policies on Taxes and Fees in Response to the New Coronary Pneumonia Epidemic" (hereinafter referred to as the "Guidelines"). The relevant person in charge of the State Administration of Taxation said that in terms of supporting resumption of work and production, the Guidelines propose that the longest carry-over period of losses in 2020 for enterprises in difficult industries that have been affected by the epidemic will be extended to 8 years; , Unemployment, work injury insurance units, etc.
Data sheet: Enterprise employees work on the production line. Photo by China News Agency reporter Liu Ranyang
According to reports, since the outbreak of the new crown pneumonia epidemic, the Party Central Committee and the State Council have successively issued three batches of preferential policies on taxes and fees in support of the epidemic prevention and control and resumption of production. In order to give full play to the role of taxation functions, and coordinate overall promotion of epidemic prevention and control and help economic and social development, the State Administration of Taxation recently issued a new version of the “Guidelines for Preferential Policies on Taxes and Fees for Response to the New Coronary Pneumonia Epidemic Situation” to support protection and treatment, support supplies, encourage public welfare donations, Support the four aspects of resuming production and reinterpreting the 17 policies one by one to better help taxpayers and payers to accurately grasp and enjoy various new preferential tax policies.
According to the person in charge of the Department of Policies and Regulations of the State Administration of Taxation, compared with the version issued in February, the new "Guidelines" are more comprehensive, more detailed, and easier for taxpayers and payers to understand. The first is to increase the new policy, adding the second batch of phased social security fee reduction and medical insurance cost reduction policies, and the third batch of phased tax reduction and exemption policies for small-scale taxpayers.
The second is to refine the content, such as adding public transport services, living services, and courier delivery under the entry "taxpayers provide public transportation services, living services, and residents' necessities of daily courier delivery service income are exempt from VAT." Tax headings for services.
Third, the list was supplemented, and under the item "taxpayers provide exemption from value-added tax for transportation of key protection materials for epidemic prevention and control", the list of key protection materials for epidemic prevention and control was added.
——In support of protection and treatment, individuals are exempted from personal income tax for temporary work subsidies and bonuses obtained by the government for the standard of epidemic prevention and control; individuals are exempted from personal income tax for medical protective supplies such as new-type coronavirus-infected pneumonia.
——In terms of supporting the supply of materials, the key to guarantee the prevention and control of epidemic situation is to fully refund the value-added tax deduction of value-added tax; the taxpayer provides exemption from value-added tax for the key guarantee of epidemic prevention and control; and the taxpayer provides public transportation Services, daily life services, and resident's necessary daily supplies, courier delivery, and service income are exempt from value-added tax; major production companies for outbreak prevention and control of materials are allowed to expand their production capacity and purchase equipment to allow a one-time deduction before corporate income tax; Duties are exempted for preventing and controlling epidemic materials.
——In terms of encouraging public welfare donations, corporate income tax or personal income tax can be deducted in full before deducting cash and articles donated by public welfare social organizations or people's governments at or above the county level and their departments to respond to the epidemic; directly to the epidemic prevention and control The hospitals donated to the mission are allowed to deduct the full amount of corporate income tax or personal income tax before tax; the goods donated to the epidemic are exempt from value-added tax, consumption tax, urban maintenance and construction tax, education surcharge, and local education surcharge; expanding the donation of tax-free imported materials range.
——In terms of supporting the resumption of work and production, the longest carry-over period for losses incurred by enterprises in difficult industries affected by the epidemic in 2020 is extended to 8 years; phased reduction and exemption of VAT for small-scale taxpayers; phased reduction and exemption of enterprises Endowment, unemployment, and work injury insurance unit payment; periodic reduction and exemption of individual industrial and commercial household employees' endowment, unemployment, and work injury insurance; periodical reduction of basic medical insurance unit payment; and encourage localities to reduce or exempt urban land use taxes The lessor is supported to reduce or exempt property rents for individual industrial and commercial households.
The person in charge of the Department of Policies and Regulations of the State Administration of Taxation said that the current situation of epidemic prevention and control has continued to improve, and the order of production and living is being restored in an orderly manner. The tax department resolutely carries out its political responsibility to support various preferential policies for taxes and fees in support of epidemic prevention and control and resumption of production. It will further focus on the implementation of preferential policies, increase the power of "non-contact" tax administration, and strive for data services as a whole. Prevention and control work should be intensified, with better services, more practical measures, and better results, the decision-making and deployment of the Party Central Committee and the State Council should be implemented in detail to promote the overall prevention and control of the epidemic and help economic and social development Make new and greater contributions.