(Voice of the Two Sessions) Representatives talk about tax cuts and fee reductions: tax and fee support policies make companies "dare to fight" and "good at planning"

　　Chinanews.com, Guangzhou, March 3rd (Sun Qiuxia and Yue Ruixuan) New tax cuts and fee reductions and tax refunds and tax deferrals for the whole year amounted to 337.6 billion yuan, and 53,000 companies enjoyed an additional deduction of 269.5 billion yuan for research and development expenses... This is the "transcript" of tax and fee reductions in Guangdong in 2022.

　　Super-large-scale tax incentives have been implemented, and the policy effect continues to appear.

Representatives from Guangdong's manufacturing industry believe that tax and fee support policies have made companies more "dare to fight" and "good at planning".

The picture shows the Hengqin tax department providing remote intelligent tax service services for Macao residents. Photo by Huang Ting

　　Li Lianzhu, member of the National Committee of the Chinese People's Political Consultative Conference and founder of Foshan Weishang Furniture Manufacturing Co., Ltd., said when analyzing the development of the industry that digitalization has enough power to drive the efficiency of the entire industrial chain and even promote the ecological transformation of the industry.

　　"Now Weishang Furniture has completed the 'trilogy' of digitization of order management, digitization of production links, and digitization of warehousing and logistics." Looking back at the process of many private enterprises embracing digitization, Li Lianzhu said that in the past three years, the additional deduction of research and development expenses exceeded Tax incentives such as 260 million yuan have enabled companies to overcome the difficulties of tight funds, and played an indispensable role in the smooth completion of digital upgrades for companies.

　　Embracing the digital wave, "Guangdong Smart Manufacturing" rises.

Walking into the production workshop of Guangzhou Baiyun Electric, the words "digital factory" are impressive.

According to Hu Dezhao, a member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Guangzhou Baiyun Electric, he has successively invested 500 million yuan to build a green digital production base for intelligent power distribution equipment in the Guangzhou Private Science and Technology Park. Manufacturing" to "smart manufacturing service" transformation and upgrading.

　　The virtuous circle in which tax benefits feed back research and development and leverage corporate innovation is clearly visible.

In the past three years, Guangzhou Baiyun Electric has declared a total of 250 million yuan in R&D expenses plus deduction, and more than 34 million yuan in tax reduction and exemption.

　　High-quality development depends on market players and the business environment.

How to create a tax business environment that matches the positioning of the Guangdong-Hong Kong-Macao comprehensive cooperation platform facing the world?

In Nansha, Guangzhou, the tax department gave a solution.

　　It is reported that the tax department discussed with Zhai Meiqing, a member of the National Committee of the Chinese People's Political Consultative Conference and president of Heung Kong Group, on tax-related issues that Hong Kong and Macau companies are keenly concerned about.

After extensive collection of opinions and full investigation and demonstration, the Guangdong Provincial Taxation Bureau submitted an application to the State Administration of Taxation for special handling, and vigorously promoted the accelerated release of relevant drafts for comments.

The draft for comments was officially released on February 28, marking the accelerated implementation of the preferential income tax policy in Nansha, which has attracted the attention of entrepreneurs in the Guangdong-Hong Kong-Macao Greater Bay Area.

　　In this regard, Zhai Meiqing said: "This will effectively enhance the willingness of market players to participate in the construction of Nansha, enhance the confidence of Hong Kong and Macao enterprises to take root in Nansha, help to further optimize the taxation and business environment, and help comprehensively promote the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. level of cooperation."

　　For a long time, the construction of an integrated taxation and business environment for Qin and Macao has also been accelerated, providing a guarantee for the diversified development of Macao's economy.

Shi Jialun, a representative of the National People's Congress and a member of the Macao Legislative Council, observed that the number of Macao residents actually employed in the Hengqin Guangdong-Macao Deep Cooperation Zone has increased year by year, and more and more Macao SMEs are actively expanding their business in the Mainland. The blueprint for the moderately diversified development of Macao's economy is gradually into reality.

　　Shi Jialun said that the cooperation zone has entered a period of policy dividends and accelerated development, and Macao should seize the opportunities of the Hengqin Guangdong-Macao Deep Cooperation Zone and the Guangdong-Hong Kong-Macao Greater Bay Area to further open up a broad development stage.

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