The tax authorities take multiple measures to ensure that the preferential tax policies for the Winter Olympics will take root
Tax incentives "red envelopes" to help the smooth preparation of the Beijing Winter Olympics
□ Our reporter Cai Yanhong
"I volunteered to serve the Beijing 2022 Winter Olympics and Winter Paralympics, carry forward the Olympic spirit, and practice the spirit of 'dedication, fraternity, mutual assistance, and progress' volunteering..." Volunteers in the Zhangjiakou Division made an oath and officially set off for the expedition. They were stationed in Chongli District and Qiaodong District VAT Refund Designated Tax Service Office, Zhangjiakou Division Non-registered Media Center, Chongli District Public Security Bureau and other places. Bilingual services are provided in various fields such as media reception and security services.
In order to facilitate the smooth preparation of the Winter Olympics and the Winter Paralympic Games, under the unified deployment of the State Administration of Taxation, the tax authorities of Beijing and Hebei have used various methods such as online guides, customized e-services, and the establishment of a "Winter Olympics Tax Service Team" to help. Push the Winter Olympics tax incentives to take root.
The real-money tax incentives have become a hard-core force to support the preparation of the Winter Olympics, bringing a real sense of gain to the main body of the Olympic-related market.
Introduced the Winter Olympics tax policy
Radiating multiple market entities
Implementing the tax reduction policy for the Winter Olympics is of great significance to the successful hosting of the Winter Olympics and the Winter Paralympics and the fulfillment of my country's solemn commitment to the international community.
As early as 2017 and 2019, the State Administration of Taxation, together with the Ministry of Finance and the General Administration of Customs, issued two batches of tax policies for the Beijing 2022 Winter Olympics and Winter Paralympics, involving value-added tax, consumption tax, corporate income tax, personal income tax, land Value-added tax, stamp duty, resource tax and other taxes, covering all aspects of the preparation and holding process of the Winter Olympics and Paralympics, radiating the Olympic Organizing Committee, athletes, coaches, sponsors, suppliers and other entities .
The reporter learned that while the Beijing 2022 Winter Olympics inherited some of the original preferential policies of the 2008 Summer Olympics, it also introduced a series of new preferential tax policies.
"Because the Winter Olympics only carry out two major projects on ice and snow in winter, due to natural conditions, the water consumption is relatively large, so the preferential tax policy for the Winter Olympics has especially increased the water resources tax reduction and exemption policy." Beijing Deng Hui, deputy director of the International Department of the Taxation Bureau, said.
In order to promote the implementation of various preferential tax policies for the Winter Olympics, the tax authorities of Beijing and Hebei signed the Agreement on Tax Collaboration and Co-construction, established a cross-provincial tax coordination mechanism, and jointly compiled the “Beijing 2022 Winter Olympics and Winter Paralympic Games”. Tax Guidelines to ensure that Austrian-related taxpayers enjoy various preferential tax policies in a timely manner.
"In the process of project construction, there are always some tax policies that are uncertain. Tax officials help to study and guide together, which effectively relieves the financial pressure for us." Zheng Xinshen, the financial director of Beijing Beijing Enterprises Jingao Construction Co., Ltd. and Beijing National Alpine Ski Co., Ltd. feel.
The two companies where Zheng Xin works are responsible for the development and construction of the alpine ski center, snowmobile sled center, winter Olympic village, and mountain news center in the Yanqing competition area of the Beijing Winter Olympics.
Due to the high cost of project construction and complicated tax-related issues, the two companies once faced difficulties in capital turnover.
In the course of taking the initiative to visit the Beijing Yanqing District Taxation Bureau of the State Administration of Taxation, they quickly resolved relevant tax-related issues and handled over 100 million yuan in tax rebates related to the Winter Olympics for the two companies.
Amity (Zhangjiakou) Mountain Development Co., Ltd. established by French MND Group in Zhangjiakou, specializing in the production of ski equipment.
Since last year, the local tax department has handled more than 3.8 million yuan in tax refunds for the company.
"The timely processing of tax refunds allows us to have sufficient liquidity to carry out production." said Mei Xiaochao, the company's financial director.
It is understood that the taxation department of Zhangjiakou City has implemented dynamic management of 32 projects introduced and put into operation in the city's ice and snow sports equipment industrial park, and has processed nearly 50 million yuan in tax reduction, exemption and rebate for enterprises in the two ice and snow sports equipment industrial parks, accumulatively for related Winter Olympic enterprises. 390 million yuan in tax reduction and rebate.
Point-to-face combination with precise implementation
Olympic-related companies are full of praise
On October 27, 2021, with the 100-day countdown to the Beijing 2022 Winter Olympics, five designated tax service halls for VAT refunds for the Winter Olympics in Beijing and Hebei were listed on the same day.
In order to support the smooth hosting of the Beijing 2022 Winter Olympics, the state has introduced a series of tax support policies, especially the VAT refund policy for the Beijing 2022 Winter Olympics.
According to the regulations, my country will refund the value-added tax borne by specific entities in China for the procurement expenses related to the Winter Olympics, and the value-added tax will be refunded online through the Beijing Electronic Taxation Bureau and offline through the 5 designated tax service offices in Beijing and Hebei. Handle tax refund applications.
"Unlike other tax refund policies, the smooth implementation of the Winter Olympics VAT refund policy involves taxation, finance, treasury, foreign exchange and other departments, and faces many difficulties such as the connection of relevant policies and adjustment of the collection and management system." Director Xie Wen said frankly.
Under the coordination and promotion of the State Administration of Taxation, the Beijing Municipal Taxation System has established a communication and liaison mechanism with relevant units such as the Winter Olympics Organizing Committee, Hebei Provincial Taxation Bureau, etc.
"Adopt a game of chess overall planning, a table of promotion, a package of services, integrated supervision, comprehensively standardize processes, unify standards, clarify detailed rules, and launch 'green channel', 'consulting line', 'reservation service', 'bilingual taxation' and other service measures to help Enterprises should make good use of the preferential tax policies related to the Winter Olympics.” Zhang Yougan, director of the Beijing Municipal Taxation Bureau, said that he continued to simplify the external payment review process and the process of exempting foreigners from personal income tax, and apply for tax payment certificates for foreigners involved in the Olympics.
"The taxation department has timely docked and guided the preferential tax policies for the Winter Olympics. The company will enjoy a total of 16.42 million yuan in tax reduction and tax reduction in 2021, which provides a guarantee for the completion of the construction of the Winter Olympics project on time." Fan Yuqiu, the financial director of Beijing Shougang Automation Information Technology Co., Ltd., has personal experience.
On January 4, 2022, under the overall guidance of the State Administration of Taxation and the Beijing Winter Olympics Organizing Committee, the Beijing Winter Olympics Tax Service Hotline was officially opened to provide convenient services for Olympic-related enterprises.
"The opening of the Beijing Winter Olympics tax service hotline will accurately grasp the characteristics of the Winter Olympics tax policy consultation, and promote the hotline service to be more efficient, convenient and professional." Zhang Ruiju, director of the 12366 Beijing Tax Service Center of the State Administration of Taxation, further introduced that relying on e-tax The bureau's precise push function, through the feature tags of the Winter Olympics tax-related policies, "one-to-one" pushes preferential policies and reminders before the event, so that the preferential tax policies for the Winter Olympics can be enjoyed directly and quickly, and solidly serve the Beijing Winter Olympics and Winter Paralympics. .
Real-time push tax-related policies
Tailored Solutions
"The weather is so cold, but the warm service of the tax department warms our hearts." The financial staff of CCCC R&F and Marriott Hotel, a contract hotel for the Winter Olympics in Yanqing District, Beijing, applauded.
The hotel undertakes catering and accommodation tasks for domestic and foreign staff and news media of the Winter Olympics. It is urgent to understand the preferential tax policies for the Winter Olympics and the operation of the electronic tax bureau system.
Beijing Yanqing District Taxation Bureau of the State Administration of Taxation, through online guides, customized e-services and other smart tax products, for the 16 Winter Olympics contracted hotels in its jurisdiction, detailed and real-time push related tax-related policies, customized solutions, and helped Winter Olympics enterprises make good use of tax incentives.
"When you apply for a VAT refund at the Beijing Electronic Taxation Bureau, you can go from application to approval without leaving your home, and the tax refund can be credited to your account in two or three days. I have truly experienced the Beijing speed of smart tax refund." Beijing National Speed Skating Stadium operates limited The person in charge of the responsible company said, "The tax refund has eased the pressure on the company's funds and provided strong support for the follow-up business development. We must do a good job in finishing the construction of the Winter Olympics with high quality and high standards."
Behind the convenience of enterprises, the Beijing Chaoyang District Taxation Bureau of the State Administration of Taxation actively innovated a new tax-handling model of "wisdom + bilingual + cloud". The "cloud service" relies on online guidance and online live broadcast functions to remotely guide taxpayers to handle winter. Austrian tax refund business, enjoy the new experience of face-to-face "cloud-based" interactive tax processing.
The Hebei Provincial Taxation Bureau will support the preparation of the Beijing Winter Olympics and the Winter Paralympics as a top priority.
The Tax Service Office of the Chongli Taxation Bureau has set up a special window for the "green channel" of taxation for the Winter Olympics. In 2021, a total of 155 personal income tax records and 677 foreign exchange tax filings have been handled for Olympic-related international organizations, officials and athletes.
The three-level taxation departments of Hebei Province, Zhangjiakou City, and Chongli District have integrated international taxation, policies and regulations and other business backbones and certified accountants, tax accountants, lawyers and other professionals to form a "Winter Olympics Tax Service Team" of more than 50 people to sort out and compile the winter Olympics. The Olympic and Paralympic Games tax guide, tax and fee policies and operational procedures, etc., provide precise services in the implementation of the Winter Olympics tax policy, business management, risk prevention and control, etc., so that the tax policy dividends can be enjoyed directly and quickly.
It is understood that in 2021, the Hebei taxation department has provided a total of 2.253 billion yuan in tax reductions, exemptions and refunds for 172 Olympic-related enterprises.