State Administration of Taxation: New tax cuts and fee reductions and tax rebates and tax deferrals across the country exceed 3.4 trillion yuan

　　China News Service, September 29th. On the 29th, the State Administration of Taxation held a press conference on the implementation of the policy of refunding and reducing tax exemptions. Cai Zili, the chief auditor of the State Administration of Taxation and director of the Revenue Planning and Accounting Department, said that as of September 20, the new The increase or reduction of taxes and fees and the tax rebates and tax deferrals exceeded 3.4 trillion yuan.

First, the tax and fee policy has been strengthened step by step.

At the beginning of the year, the Party Central Committee and the State Council reviewed the situation and made a major decision to implement a new combined tax and fee support policy, including refunding the value-added tax credits in six industries including small and micro enterprises and manufacturing, and reducing the "six taxes and two fees for small and micro enterprises". ” The policy of deferred payment of basic endowment insurance premiums, unemployment insurance premiums, and work-related injury insurance premiums for enterprises in stages has effectively eased the pressure on enterprises’ funds and reduced their tax burdens.

　　On May 23, the executive meeting of the State Council deployed a package of policies and measures to stabilize the economy. Among them, tax support policies include refunding the value-added tax credits for 7 new industries such as wholesale and retail; Three social security premium policies, including deferred pension payments and pension payments for five destitute industries, will be extended to the end of the year, and will be extended to other destitute industries; the vehicle purchase tax for some passenger cars will be reduced in stages.

　　Since August, the executive meeting of the State Council has successively deployed and implemented a series of successive policies, including further extending the period of deferral of taxes and fees for small, medium and micro enterprises in the manufacturing industry, reducing or exempting local “six taxes and two fees” within this year, and implementing the stage of supporting enterprise innovation. The tax reduction policy is mainly "for the expenditure of high-tech enterprises to purchase equipment in the fourth quarter of this year, a one-time pre-tax deduction and 100% additional deduction for the current year are allowed" "In the fourth quarter of this year, the current rate of 75% is allowed. For industries that deduct research and development expenses before tax, the deduction ratio will be increased to 100%. The individual pensions of the government are subject to preferential personal income tax, as well as deferred payment of soil and water conservation compensation fees, urban waste disposal fees, etc.

　　The above-mentioned three rounds of policies have been progressive and stepped up step by step, which have played an unprecedented role in "blood transfusion" and "activation of blood" for market players, showing the country's firm determination to help market players solve difficulties and promote development.

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The second is the effective combination of preferential methods.

A series of tax and fee support policies implemented this year include both phased measures and institutional arrangements; both tax-based and tax-based preferential policies; Fee reduction and delay measures; there are both universally applicable burden reduction policies and special assistance measures in specific fields; there are both policies implemented by the central government and measures implemented independently by local governments in accordance with the law.

The effective combination and synergy of a variety of policy tools have provided strong support for the development of bailouts for market players.

Third, the scope of benefits continued to expand.

A series of tax and fee support policies have continued to increase, and the scope of benefits for market players has also expanded accordingly.

For example, the value-added tax refund has been extended from advanced manufacturing to all eligible small and micro enterprises and 13 industries such as manufacturing, transportation, wholesale and retail, accommodation and catering; the reduction of "six taxes and two fees" from VAT Small-scale taxpayers are extended to small low-profit enterprises and individual industrial and commercial households.

Relevant tax and fee policies anchor the operation of the national economy and key links in the industrial chain and supply chain, fully embodying the clear orientation of helping stabilize growth, ensuring employment, and benefiting people's livelihood, and effectively play a positive role in helping entities, expanding investment, and promoting innovation. effect.

(Zhongxin Finance)