141 SME Credit Guarantee Agencies Are Exempt From Business Tax.

The Ministry of industry and Commerce and the State Administration of taxation have jointly issued a notice to clarify the 141 SMEs credit guarantee agencies exemption. Sales Tax 。

The notice mentions that Beijing Zhongguancun 141 SME credit guarantee institutions, such as technology Company limited by guarantee, will be exempted from business tax within three years from the date of tax exemption from the competent tax authorities according to the income guaranteed by the local people's governments at the municipal level or above. Among them, credit guarantee institutions duty-free The condition is: the balance of guarantee liability provided to a single insured enterprise is not more than 10% of the net assets of the guarantee institution; the annual added amount of guarantee business is more than 3 times of the net assets, and the selling rate is less than 2%. In addition, the annual additional guarantee business needs more than 5 times of net assets, and the average annual guarantee rate will not exceed 15% of the benchmark lending rate for the same period of the bank.