Observation: Tax Dividends Help the Integrated Development of the Yangtze River Delta to Improve Quality and Efficiency
The Yangtze River Delta is the region with the most active economic development, the highest degree of openness, and the strongest innovation ability in China. It carries an important historical mission in serving the new development stage, implementing new development concepts, and building a new development pattern.
In recent years, the State Administration of Taxation has coordinated and coordinated the taxation departments in the Yangtze River Delta region to resonate at the same frequency and make efforts in the same direction. By continuing to promote the integration of tax collection and management and tax facilitation in the Yangtze River Delta region, it has provided higher-quality support for the integrated development of the Yangtze River Delta region and boosted the economy. Development is stable and progress is made, and quality is improved during progress.
Tax dividends empower market entities to innovate and develop
In September 2021, the opening ceremony of the China-Israel CEO Cooperation Forum will be held in the China-Israel (Shanghai) Innovation Park in Putuo District, Shanghai, to build a platform for scientific and technological innovation exchanges between Chinese and Israeli business executives and further promote China-Israel cooperation.
Mantis Vision Technology Co., Ltd. (hereinafter referred to as "Mantis Vision") is one of the first companies to enter the China-Israel (Shanghai) Innovation Park.
"The development of enterprises at the start-up stage is inseparable from the support of regional policies and tax incentives." Zhang Xiaofeng said frankly that the real tax incentives allow enterprises to fully enjoy the dividends of tax and fee reduction policies.
In 2020, Mantis Vision enjoys the policy of additional deduction for research and development expenses, with an additional deduction of RMB 4.3 million before income tax.
In 2021, the policy will "enhance the dividends", and Mantis Vision will enjoy an additional deduction of more than 6.6 million yuan in research and development expenses in advance in the third quarter.
In addition, enjoying the tax refund policy for end-of-period value-added tax credits, more than 1.4 million yuan of tax refunds have been received.
Mantis Vision is the epitome of the "innovative genes" escorted by the tax department along the way.
In recent years, the super deduction of R&D expenses has become an effective tool for the state to support scientific and technological innovation.
"The preferential funds obtained will continue to be invested in the research and development of core technologies such as optics, hardware, software and artificial intelligence algorithms." Zhang Xiaofeng said.
Technological innovation not only injects development momentum into the real economy, but also effectively drives the high-quality development of the national economy.
Data show that in the past three years, enterprises in the Yangtze River Delta region have continued to increase investment in high-tech services, and the proportion of total enterprise investment has increased from 3.8% in 2018 to 4.4% in 2021.
The proportion of R&D and technical service trade in the country will increase from 27.5% in 2018 to 32.5% in 2021.
Tax support measures help the integrated development of the Yangtze River Delta
The reporter sorted out and found that after the implementation of the integrated development strategy of the Yangtze River Delta, the State Administration of Taxation issued 16 tax support measures in November 2019. 10" tax support system.
Benefiting from the unified, open, competitive and orderly market system construction in the Yangtze River Delta region, relevant regions quickly reached a consensus on cooperation, starting from vertical industrial integration, and then expanding to horizontal regional integration.
From the perspective of the vertical integration of urban and rural industries, the VAT invoice data shows that the counties in the Yangtze River Delta region give full play to their location advantages and actively integrate into the integrated construction of the Yangtze River Delta. The proportion of sales revenue will increase from 21.1% in 2018 to 23.6% in 2021.
Among them, the tax authorities give full play to their own advantages to help build advanced manufacturing clusters such as artificial intelligence, biomedicine, and integrated circuits, and promote regional integration to lead coordinated development.
The development of the Yangtze River Delta is vertical and horizontal, comprehensively coordinating the emergence of a new situation, boosting the construction of the Hangzhou-Hebei Innovation Belt, promoting the interaction between the two national independent innovation demonstration areas of Hangzhou and Hewu-Beng, and also jointly promoting the construction of the Nanjing-Hangzhou Ecological Economic Belt and building a layout. A reasonable and collaborative entrepreneurial system.
The data shows that the proportion of sales revenue in Zhejiang and Anhui in the Yangtze River Delta region will increase from 25.8% and 7.8% in 2018 to 29.6% and 8.5% in 2021, and the gap with Shanghai and Jiangsu has gradually narrowed.
Tax power boosts the opening up of the Yangtze River Delta region to a higher level
The Yangtze River Delta region has always been the forefront of my country's opening to the outside world, and it is one of the regions with the highest degree of openness in my country.
On September 29, 2013, China's first pilot free trade zone, the Shanghai Pilot Free Trade Zone, was officially established, opening the curtain for the reform and experimentation of China's free trade zone.
With the launch of the construction of the Anhui Pilot Free Trade Zone in September 2020, the strategic layout of the National Pilot Free Trade Zone has achieved full coverage of the Yangtze River Delta, forming a new pattern of opening up to the outside world.
In the process of exploring the establishment of a pilot free trade zone, various regions have tried first, and the exploration has formed more than 200 innovative achievements, and many experiences have been promoted to the whole country.
Among them, the tax system, as one of the experimental fields, has repeatedly innovated and accumulated rich results.
At the same time, taxation departments across the Yangtze River Delta have taken the initiative to act and serve in the front, helping the Pilot Free Trade Zone and contributing to the realization of a higher level of opening up.
As a pioneer, the Shanghai Pilot Free Trade Zone has continuously improved the "single window" system for enterprise access, promoted the instalment payment of income tax on non-monetary assets transfer income, tax refunds at the port of departure and other tax policy innovations, laying the foundation for other pilot free trade zones. .
In 2019, the Lingang New Area was established and proposed to establish and implement an internationally competitive tax system and policies. The policy that some enterprises can enjoy a preferential corporate income tax rate of 15% demonstrates its policy orientation of encouraging technological innovation and further opening.
Under the background of "accelerating the formation of a new development pattern with domestic circulation as the main body and domestic and international dual circulations promoting each other", the Pilot Free Trade Zone has become a testing ground for my country to explore the formation of a new development pattern, and tax revenue will be on this highland of reform and opening up. , exert its own strength to help open the door.
In the past three years, the willingness of foreign-funded enterprises to enter the Yangtze River Delta has continued to increase. The proportion of newly established foreign-invested tax-related market entities in the Yangtze River Delta region accounts for the proportion of new foreign-invested tax-related market entities in the country from 22.1% in 2018 to 30.1% in 2021.
The relevant person in charge of the State Administration of Taxation said that under the "two-wheel drive" of tax policies and high-quality services, the tax department will make greater efforts to integrate into integration, service integration, and promote integration, release reform dividends, and superimpose favorable policies. In the new stage of development, tax modernization will help the Yangtze River Delta develop with higher quality.