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    Tax Reduction Has Become The Focus Of This Year'S Active Fiscal Policy.

    2012/3/7 14:02:00 16

    Fiscal Policy Of Tax Reduction

    We should promote the pilot scheme of changing business tax to value added tax, gradually reduce the proportion of indirect tax, and give tax concessions to small and micro enterprises.

    Yesterday, when Treasury Secretary Xie Xuren interpreted the current fiscal policy, he added structural tax cuts to the first content of active fiscal policy, and said that this year will continue to lighten the burden of enterprises and individuals.


    "The new personal income tax law should be implemented this year to lighten the burden of the middle and low income people, and at the same time to reduce the income tax burden of individual industrial and commercial households.

    We should improve the value added tax and business tax threshold and lighten the mini scale.

    enterprise

    Tax burden policy. "

    Yesterday, when explaining the proactive fiscal policy, Xie Xuren first mentioned the content of structural tax reduction.


    The industry believes that reducing tax burden will replace the increase in expenditure as a starting point for this year's positive policy.

    "Positive fiscal policy can be achieved through measures such as increasing fiscal expenditure and reducing taxes. From the statement of the Ministry of finance, compared with previous years, tax cuts may become a starting point for this year's proactive fiscal policy."

    Renmin University of China finance and finance professor Zhu Qing analysis said.


    In Zhu Qing's opinion, relative to increasing expenditure, we must take certain measures.

    Measures

    Tax cuts can enable high income people to bear taxes and let ordinary people burden their taxes. This measure can increase the income of the people and enterprises, thereby increasing the expenses of enterprises and people, increasing domestic demand, and adjusting the domestic economic development mode.


    Liu Huan, vice president of the tax School of Central University of Finance and Economics, said that according to the planned economic development in China, economic development has come to the stage of readjustment of structure. Therefore, this year's proactive fiscal policy should pay more attention to taking corresponding measures to adjust the domestic economic development mode. Structural tax reduction is one of the ways.


    For specific tax reduction measures, Xie Xuren yesterday gave an example of the preferential policy of half income tax collection for small and micro enterprises, and promoted the pilot of business tax to VAT. This year, a relatively low tariff rate was imposed on over 730 kinds of imported commodities. The implementation of value-added tax relief for vegetables and some other agricultural products in circulation, as well as the reduction of the land tax on commodity storage depots, were all important measures for tax reduction.


    Insiders pointed out that in the above tax reduction measures, business tax reform VAT will become a breakthrough in structural tax cuts.

    It is understood that after Shanghai began in January 1st this year in the pportation sector and some of the modern service industry in the field of business tax reform VAT reform, Beijing, Chongqing and other places are also applying for this reform.


    "More cities will be subject to value-added tax in business tax this year.

    Launch a pilot project

    The scope and scope of the pilot will be expanded.

    Once the reform is carried out, the problem of double taxation will be solved, and the tax burden of a large number of enterprises will be reduced. This will increase the opportunities for the development of the industry, and at the same time conducive to the construction of the overall tax structure in China.

    Liu Huan said.

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