Ministry of Finance: Special funds for tax rebates shall not be used for the construction of various image projects

　　Zhongxin Finance, March 21. According to the official website of the Ministry of Finance, at noon on March 21, the Ministry of Finance held a meeting to convey the spirit of the 166th executive meeting of the State Council and study and implement measures.

　　It is mentioned that on the basis that the Ministry of Finance is responsible for 50% of the tax refund funds according to the current tax system, the transfer payment funds of 1.2 trillion yuan from the central government will be released in a timely manner, including the newly introduced special funds for the tax refund policy, other tax refunds and tax reductions. Special funds for expenses and special funds for supplementing county and district financial resources.

The first batch of special transfer payments of 400 billion yuan to support small and micro enterprises' retained tax rebates were issued on the afternoon of March 21.

　　The special fund for supporting small and micro enterprises with tax rebates issued on the same day will be used to provide cash flow to small and micro enterprises for tax rebate financial protection, relieve difficulties for enterprises, and effectively guarantee stable growth, market entities and employment.

Other special funds will also be released as soon as possible according to the progress of the relevant work.

　　The Ministry of Finance has formulated and issued relevant measures to clarify the management requirements for special fund allocation and filing, budget issuance, fund allocation, etc., and improve the classification of government revenue and expenditure, so that the tax refund policy can be refined, counted, and analyzed.

Special funds are included in the scope of direct financial funds, and dynamic monitoring is implemented to prevent idle misappropriation, to ensure that tax rebate funds go directly to market entities, and local subsidies go directly to the grassroots level in cities and counties.

expenditures such as land reserves and new projects for the renovation of shanty towns.

　　The Ministry of Finance has established a capital pre-allocation mechanism, which is pre-allocated monthly and rolled over to ensure that the local treasury dynamically holds the funds needed for tax rebates for half a month, and supports local governments to effectively do a good job in tax rebate work. Assure.

　　The Ministry of Finance also put forward clear requirements for local financial departments to effectively consolidate the main responsibilities of provincial financial departments, requiring all localities to promptly formulate policy plans for VAT credits and refunds that are refined to counties and districts, focusing on ensuring small and micro enterprises’ credits and refunds and counties and districts. To meet the needs of tax refund funds, timely discover and properly handle the problems that arise in tax refunds, and ensure that the “red envelopes” of tax refunds are promptly pocketed.

While arranging the newly introduced special funds for tax rebates, other special funds for tax rebates, tax reduction and fee reduction and special funds for supplementing county and district financial resources are arranged to enhance local financial resources, especially counties and districts, and ensure the smooth operation of county and district finances.

　　In the next step, the Ministry of Finance will strengthen work consultations with the People's Bank of China and the State Administration of Taxation, and resolutely implement policies such as VAT credits and refunds. At the same time, it will earnestly and strictly enforce financial discipline to

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