China News Service, March 25th. According to the website information of the State Administration of Taxation, the Ministry of Finance and the State Administration of Taxation recently issued an announcement on continuing to implement preferential policies for urban land use tax on land used for bulk commodity storage facilities of logistics enterprises. The announcement states that, from January 1, 2020 to December 31, 2022, land for bulk commodity storage facilities owned or leased by logistics enterprises (including self-use and lease) will be reduced by 50% of the tax rate applicable to their land class. % Levied urban land use tax.
Data Map: Tax Office. Photo by Liu Wenxi
The announcement mentioned that the logistics enterprises referred to in this announcement refer to at least one kind of business of warehousing or transportation, and provide third-party logistics services such as warehousing and distribution for industrial and agricultural production, distribution, import and export, and residential life, and implement independent accounting and independence. Undertake civil liability and register as a professional logistics enterprise in logistics, warehousing or transportation with the industrial and commercial department.
Commodity storage facilities refer to the same storage facilities covering an area of 6000 square meters and above, and mainly store agricultural products such as grain, cotton, oil, sugar, vegetables, fruits, meat, aquatic products, fertilizers, pesticides, seeds, feed, etc. And agricultural production materials, coal, coke, ore, non-metallic mineral products, crude oil, refined oil, chemical raw materials, wood, rubber, pulp and paper products, steel, cement, non-ferrous metals, building materials, plastics, textile raw materials and other mineral products and Storage facilities for industrial raw materials.
Land for storage facilities includes storage facilities such as various warehouses (including distribution centers), oil tanks (pools), cargo yards, drying yards (stacking yards), awnings and other storage facilities and railway dedicated lines, docks, roads, loading and unloading areas, etc. Land for supporting facilities for logistics operations.
The announcement pointed out that land for logistics companies' offices, living areas and other land not directly used for bulk commodity storage is not within the scope of tax reduction stipulated in this announcement, and urban land use tax should be levied in accordance with regulations.
In addition, the tax payable before the date of publication of the announcement shall be reduced or refunded in the future tax payable by the taxpayer.
The announcement states that taxpayers who enjoy the tax reduction policies stipulated in this announcement shall file tax reduction and exemption declarations in accordance with the regulations, and keep information such as real property ownership certificates, land use certificates, and lease agreements for reference.