Xinjiang Textile And Garment Enterprises Reduce The Income Tax By 221 Million Yuan.

Facing the downward pressure of the economy, Xinjiang The Autonomous Regional Taxation Bureau and the Autonomous Regional Taxation Bureau actively implement the opinions of the general office of the Autonomous Region Party committee and the general office of the people's Government of the autonomous region on the current economic work in response to the downward pressure on the economy, fully support the development of enterprises, conscientiously implement the preferential tax policies, and create a favorable tax environment for the operation of enterprises.

　　 Textile and garment enterprises reduce income tax by 221 million yuan.

Located in Korla economic and Technological Development Zone Spin Bayinguoleng city Mongolia Autonomous Prefecture Jinfu special yarn industry Co., Ltd. has been developing for two years. At present, its monthly sales income reaches 96 million yuan, and has reached 650 thousand spindles. At present, the two part of the civil engineering section of the enterprise has been completed, and it plans to put into operation in October this year. At that time, the scale of 1 million 500 thousand spindles will be formed, and the annual output of yarn is 180 thousand tons.

Suo Zhengxi, the head of the enterprise, said that the textile industry should be vigorously developed in the autonomous region. clothing Under the guidance of industrial strategy, our confidence is particularly high. The enterprise needs to pay the income tax and so on are all exempt. In the first half of the year, the enterprise obtains all kinds of subsidy funds to achieve 30 million yuan, this enables us to invest more funds to expand the production.

In the first half of this year, the IRS implemented the plan positively. cotton A series of fiscal and tax support policies in textile and garment industry, in line with the cotton subsidy policy launched by the autonomous region, deal with tax related issues in Cotton Subsidy and distribution, standardize the purchase invoice of agricultural products (000061 shares), ensure that 13 billion 950 million yuan cotton subsidies are delivered in time, and timely provide financial departments with information on tax payment of textile and garment enterprises, and repay 400 million yuan with value-added tax. At the same time, the IRS has exempted the textile and garment enterprises in our region from the 5 year share of the enterprise income tax. The income tax has been reduced to 221 million yuan, and the effect of lightening the burden is obvious.

In the slowdown of overall economic indicators, the value added tax of our textile and garment industry in the first half of this year was 130 million yuan, an increase of 54 million 500 thousand yuan, an increase of 72.7% over the same period last year.