Chinanews.com, November 5th. At the State Council’s policy briefing on the morning of the 5th, Wang Daoshu, deputy director of the State Administration of Taxation, introduced that the latest data from the State Administration of Taxation showed that in the first three quarters of this year, new tax cuts and fees were added across the country. 910.1 billion yuan, of which 788.9 billion yuan of new tax cuts and 121.2 billion yuan of additional fee cuts.
Since the beginning of this year, facing the complex and severe domestic and foreign environment, my country has introduced a series of tax and fee reduction policies and measures, which have reduced the burden on enterprises and strengthened the vitality of market entities.
According to Wang Daoshu, in the third quarter, in response to new situations and challenges in economic operations, especially the impact of rising prices of bulk commodities and rising production costs on the industrial economy, especially the manufacturing enterprises, the state has introduced reductions On the basis of the tax reduction policy, the policy of allowing companies to enjoy the additional deduction of R&D expenses in the first three quarters in advance, the implementation of phased tax deferral measures for small, medium and micro enterprises in the manufacturing industry, and the implementation of "reductions and refunds" for coal power and heating companies have been added. Measures to help companies relieve their difficulties and boost the confidence of market entities.
Wang Daoshu pointed out that on the whole, the tax and fee measures introduced by the state this year reflect a clear policy orientation, which is mainly reflected in the "four focuses":
The first is to focus on supporting the smooth operation of the industrial economy.
For example, the implementation of phased tax deferral measures for manufacturing small, medium and micro enterprises, the monthly full refund of incremental value-added tax credits for advanced manufacturing enterprises, and the implementation of "reduction, refund, and delay" tax measures for coal power and heating enterprises Etc. to ease the financial pressure of enterprises and boost the operation of the industrial economy.
The second is to focus on supporting the development of small, medium and micro enterprises.
For example, in addition to the preferential tax measures for small, medium and micro enterprises in the manufacturing industry, the policy of reducing the value-added tax collection rate for small-scale taxpayers from 3% to 1% will continue, and the threshold will be increased from 100,000 yuan to 150,000 yuan per month.
For small, low-profit enterprises and individual industrial and commercial households whose annual taxable income is less than 1 million yuan, on the basis of the original preferential treatment, the corporate income tax will be halved.
Through these measures, a wide range of small, medium and micro enterprises will be helped to overcome difficulties, increase their stamina, and ensure employment.
The third is to focus on supporting technological innovation.
For example, the rate of deduction for R&D expenses of manufacturing enterprises will be increased from 75% to 100%, and at the same time, enterprises will be allowed to enjoy the preferential deduction policy for the first three quarters of this year in advance, so as to further reduce R&D costs of enterprises and enhance the vitality and momentum of technological innovation.
The fourth is to focus on supporting foreign investment.
The various preferential tax and fee policies introduced this year can also be enjoyed by foreign-funded enterprises in accordance with the law.
At the same time, we will continue to implement special preferential policies such as the deferred tax payment for profit reinvestment of foreign-funded enterprises, serve to expand the opening up, and enhance the confidence of foreign investors in China.
Wang Daoshu said that the taxation department resolutely implements the decisions and arrangements of the Party Central Committee and the State Council, and takes a series of effective measures to ensure that various preferential tax policies are implemented.
In the next step, the taxation department will optimize tax and fee services with higher standards, take more practical measures to help companies relieve difficulties, make greater efforts to stimulate market vitality, better serve high-quality development, and give full play to the fundamental and fundamental nature of taxation in national governance. Pillar and supporting role.