Prepare For Tax Reduction Of 2 Trillion Yuan, Tax Departments Respond Quickly

In 2019, the government's work report put forward that this year, we are determined to carry out a larger scale of tax reduction and tax reduction, reduce the value-added tax and the unit social security contribution rate, and reduce taxes and reduce fees by nearly 2 trillion yuan.

The value added tax rate will be reduced from April 1st onwards, and the social security premium rate will be lowered in May 1st.

So how do tax authorities in various parts of the country carry out their work?

Which aspects of tax reduction and fee reduction have appeared?

Through thematic field counseling, establishing communication and communication groups, and improving enterprise basic data, we can achieve positive interaction between tax departments and enterprises, expand the influence and radiation power of tax reduction and fee reduction policies, so that the majority of taxpayers have a real sense of gain.

This year, the scale of tax reduction and reduction is nearly 2 trillion yuan. In April 1st, the value added tax will be reduced, and the social security rate will be lowered in May 1st.

Securities Daily reporters learned that after the two sessions of the two countries closed, the tax departments everywhere responded quickly and acted positively.

"Today, we received a notice from the Jiading District tax department to let taxpayers sign on to the electronic tax office and click on the" do to do task "to see the notice of tax reduction and reduction.

In March 15th, Li Xia, a financial director of CSI (Shanghai) Biotechnology Co., Ltd., a biotech company as a by-product of nutrient utilization, told the Securities Daily reporter.

According to Li Xia, the content of the notification is that the tax department asks us to understand the latest tax reduction policy and reduce the tax cost from all links. At the same time, the tax department has also been further simplified, more convenient, more efficient, and more convenient for the improvement of the efficiency of our daily tax related matters, and to standardize the financial system construction of our enterprises.

"This is a plan for us to implement the tax reduction and reduction scheme, and notify every taxpayer that taxpayers can really enjoy the bonus of tax reduction and reduction."

Yesterday, the State Administration of Taxation Shanghai Tax Bureau tax service chief Zheng Yu told reporters.

"The specific tax reduction arrangements must be finalized according to the executive meeting of the State Council."

Hu Yijian, a professor at Shanghai University of Finance and Economics, told the Securities Daily reporters that the operation of Shanghai's tax department was to provide convenient tax services for enterprises at the first time in accordance with the requirements of the State Administration of taxation.

The State Administration of Taxation requires to maximize the convenience of taxpayers, and strive to promote taxpayers to better enjoy the bonus of value-added tax reform with more tax facilities. At present, the tax departments around the country are developing similar service taxpayers' activities.

"We welcome the national tax reduction policy with our hearts."

Song Jianhua, vice president of operations of Shanghai (Biotechnology) Co., Ltd., told the Securities Daily that the overall cost of our company will be further reduced, the profits of enterprises will also be improved to a certain extent, and the business efficiency of enterprises will be greatly improved. We expect that the government will have more detailed policies for the special high-tech enterprises of small and medium-sized enterprises, so as to facilitate our in-depth technological optimization and pformation and enhance the market competitiveness of enterprises.

"This year, we can enjoy the latest small taxpayer's policy of exemption from VAT. We expect that the company can reduce taxes by 18 thousand yuan or so, and the cost of taxation is reduced. For our small businesses, just like replenishment of the nutrient solution for developing kinetic energy, we hope that this year we can make persistent efforts in the wake of the tax reform dividend, and the company will develop further."

Jilin, director of Shanghai Chun Yi Financial Consulting Co., Ltd., told reporters on "Securities Daily".

Ji Chun said that with the deepening of tax reduction reform in China, tax intermediary agencies are not only directly beneficiaries, but more like a bonus relay station. In the process of strengthening communication with tax authorities, the first time is to grasp, thoroughly understand and eat the right policy, to convey the latest document policies to enterprises, to help enterprises make good use of the reform dividends, and to make these Huimin policies more efficient to help enterprises develop.

Zhang Yunzeng, director of the small and Micro Enterprise Service Office of the Tax Service Department of the State Administration of Taxation, said that the tax department is through various effective forms to help reduce the tax policy dividends.

Through thematic field counseling, establishing communication and communication groups, and improving enterprise basic data, we can achieve positive interaction between tax departments and enterprises, expand the influence and radiation power of tax reduction and fee reduction policies, so that the majority of taxpayers have a real sense of acquisition.

In response to the April 1st value-added tax reduction policy, luxury cars have launched a wave of price cuts ahead of schedule.

In March 15th, Mercedes Benz first announced that Mercedes Benz sales and Service Co., Ltd. in Beijing lowered the proposed retail price of Mercedes Benz and smart in the Chinese mainland market ahead of schedule, and will take effect in March 16th.

After the proposed retail price adjustment, the Mercedes -AMG dropped to a maximum of 64 thousand yuan; in March 16th, BMW also announced the price cut in China.

The largest drop was BMWM760LixDrive, with a drop of 60 thousand yuan.

On the same day, in response to the implementation of the VAT tariff reduction policy in China, Jaguar Land Rover China and Chery Jaguar Land Rover also lowered the proposed retail price of Jaguar and Land Rover brand models in China.

Among them, the highest drop of Land Rover brand model was 85 thousand yuan, and Volvo also announced that the highest drop of its brand was 60 thousand yuan.

On March 15th, Premier Li Keqiang of the State Council met with Chinese and foreign journalists at the thirteen session of the two session of the National People's Congress in Beijing's Great Hall of the people and answered reporters' questions.

Li Keqiang said that this year, he was determined to carry out a larger scale of tax reduction and reduction, and reduced the value added tax and the unit social security contribution rate. The tax reduction and reduction fee was nearly 2 trillion yuan.

Li Keqiang said, now it can be said that the real gold and silver have been ready, and the relevant departments and governments at all levels must implement the policy. We must not let the policy play a white bill, nor allow us to change the pattern of arbitrary charges to strike the effect of reducing taxes or reducing fees. We must let enterprises and market participants feel the more substantial effect of reducing taxes and reducing fees in a larger scale.

Zhang Yiqun told the Securities Daily reporters that this year's tax reduction and tax reduction mainly focus on two aspects of value-added tax and social security payment. The scale of tax reduction and reduction is almost 2 trillion yuan, accounting for more than GDP2%. This shows that China's economic system reform has entered the deep water area. The macro-economy is faced with new difficulties and new contradictions brought about by the pformation of the mode and the adjustment structure. In response to the downward pressure on the economy, the state has adopted a centralized, large-scale and universal tax reduction and reduction measures. The government's direct burden reduction measures will inevitably stimulate the real economy to expand investment and consumption, especially the tax cuts for the manufacturing industry, will encourage enterprises to increase investment in technology research and development, accelerate the pformation and upgrading of the industrial structure, and inject new vitality into the long-term development of China's economy. Deputy director of China budget performance Committee

"The government's commitment to reduce taxes and reduce fees should be fully landed on time, so that enterprises can feel the benefits brought by the government's tax cut and reduce fees. They should not be evasive or procrastinating for reasons such as departmental interests, tax collection and management, but also prevent the government from lightening the burden on enterprises. On the other hand, some departments and units are charging names in order to increase the burden on enterprises and disrupt market order in disguise."

Zhang Yiqun said.

Fees; two, we should comprehensively strengthen the inspection and supervision of the landing effect of the government's tax reduction and tax reduction policy, timely inform the implementation of tax reduction and tax reduction policies, and resolutely stop and severely punish all kinds of acts that are not allowed, prohibit and change, and constantly improve the ability and level of national governance; three, we should strengthen the implementation and effect analysis of tax reduction and tax reduction, sum up the experience of tax reduction, cost reduction measures, links, operations, objectives, effects, and so on, so as to make subsequent tax and fee policies more scientific and reasonable, and reduce taxes and reduce costs. To this end, Zhang Yi group suggested that the first step is to strengthen the publicity of the national tax reduction and tax reduction policy, so that the whole society can fully recognize the determination and efforts of the state to reduce taxes and reduce taxes, and consciously resist and refuse all unreasonable taxes added.

Experts believe that the reduction in the source of funds to reduce the financing costs of small and micro enterprises to provide favorable conditions.

"In 2019, we should take more measures and take measures to reduce the financing cost of small and micro enterprises by 1 percentage points on the basis of last year."

On March 15th, Premier Li Keqiang of the State Council said in a media interview at the Great Hall of the people.

"Financing difficulties of small and micro enterprises is not only a problem facing our country, but also a worldwide problem."

Yesterday, Li Peijia, a senior researcher at the Bank of China International Financial Research Institute, told reporters in the Securities Daily that lessons learned from domestic and foreign economic development show that it is difficult to achieve the desired results by relying solely on financial institutions to support private enterprises and small and micro enterprises.

In the future, we need to rely not only on financial support, but also on increasing the final demand, reducing the comprehensive cost of enterprises, continuously improving the business environment, and increasing the endogenous dynamic loans of small and micro enterprises.

In the past two years, the regulatory authorities have introduced a number of measures to create a favorable environment for small and micro enterprises to help them develop.

After sorting out, since last year, the central bank has implemented 5 reduction of the deposit reserve ratio (four times last year) this year, so as to ease the financial shortage of private enterprises and small and micro enterprises. The CIRC has improved the assessment index in terms of increasing credit delivery, and has clearly defined the goal of "two increase two control".

At the same time, banks should be guided to improve their internal mechanisms, further strengthen their service capacity building, ensure that grass-roots loans and loans will be available. The Ministry of Finance and State Administration of Taxation issued the notice on exemption from value-added tax on loan interest income for small and micro enterprises. From September 1, 2018 to December 31, 2020, the interest income earned by financial institutions on small loans to small businesses, micro enterprises and individual businesses will be exempt from VAT.

What is particularly concerned is that in 2019, the government's work report clearly stated that loans for small and micro enterprises of large state-owned commercial banks will increase by more than 30% this year.

The deputy director of the regional economic research center of China Minsheng Bank Research Institute, in an interview with the Securities Daily, said that the establishment of the index would help increase the strength of commercial banks in serving small and micro enterprises.

For large commercial banks, although 30% of the objectives have some challenges, there are still conditions for achieving them.

Specifically, first, the small loan base of large commercial banks is not high enough to achieve a 30% growth rate. Secondly, the debt cost of large commercial banks is low, which has the capital advantages of serving small and micro enterprises. Finally, the large commercial banks are densely packed, and the advantages of non lending services such as payment and settlement are also obvious.

According to the text, in order to further alleviate the financing difficulties of small and micro enterprises, it is necessary for commercial banks to set up Inclusive Finance Department, support banks to replenish capital through various ways, continue to promote the establishment of private banks, encourage innovative financing guarantee services, and promote the construction of information platform for financing services. Besides, they should also relax the tolerance of non-performing loans to small and micro enterprises, actively explore innovative ways of inclusive financial services, and at the same time, use financial and technological means to improve service levels and improve the efficiency of credit approval.

Turning to the possibility of reducing the central bank's performance during the year, it should be stated in the article that the right to reduce funds provides a favorable condition for reducing the financing costs of small and micro enterprises at the source of funds.

Although China's deposit reserve ratio has dropped significantly compared with the previous period, there is still room for further downward adjustment in terms of horizontal or vertical comparison. It is expected that there will be a 2 or 3 reduction in the year.

On March 15th, Premier Li Keqiang of the State Council made clear in answering the questions of Chinese and foreign reporters that the provincial highway toll station should be basically abolished within two years, and the departments concerned should strive to achieve it ahead of schedule. The speed and cost reduction of the network will be reduced by 20% on the basis of the past year, and 180 billion yuan is expected to be given to consumers.

This year, the general industrial and commercial electricity price will be further reduced by 10%.

Huang Zhilong, director of the center for macroeconomic research of Suning Financial Research Institute, told the Securities Daily reporters that bridge toll, network charges, electricity charges and so on are the rigid expenses of enterprises and consumers. Lowering the cost of these three aspects will obviously reduce the production cost of enterprises and reduce the cost of living of consumers.

China is a large country with nearly 1 billion 400 million people. The market players do not have a complete statistics of 110 million households, including about 34700000 enterprises. This shows that China has huge consumer goods market and a huge consumer goods market.

The consumption level, consumption ability and consumption consciousness of urban and rural residents are constantly increasing.

In 2018, the contribution of consumption to economic growth reached 76.2%, and for six consecutive years it became the first driving force for economic growth.

This year's government work report on the deployment requirements of the 2019 task: "promote the formation of a strong domestic market, and continuously release the potential of domestic demand."

We should give full play to the basic role of consumption, the key role of investment, stabilize domestic effective demand, and provide strong support for the smooth operation of the economy. "

Last year, China Mobile, China Telecom and China Unicom three major operators ahead of time and overdone the "speed reduction fee" special task, a total of more than 120 billion yuan in the year.

Huang Zhilong said that after the network fees and other fees, the domestic consumption will be boosted from two aspects. On the one hand, the competitiveness of the enterprises will be significantly improved and the production efficiency will be improved after the fall in the cost of the enterprises, so as to produce high quality products. At the same time, enterprises will have more room to help consumers and promote domestic consumption.

On the other hand, after the decline of consumer spending, more income will be used for other consumption, enhance the effective demand of other industries, and promote the consumption of residents.

The Ministry of Finance and the State Administration of Taxation jointly issued the notice on the criteria for determining the time of individual residence in China without residence.

The head of the Ministry of Finance said that the new individual income tax law has adjusted the residents' individual time standard to 183 days in a year. In order to attract foreign investment and encourage foreign workers to work in China and promote foreign exchange, the new regulations on the implementation of the individual income tax law continue to retain the original tax exemption system for overseas income tax exemption, and further relax the tax exemption conditions.

First, the tax exemption conditions will be relaxed from five years to six years, and two is to recalculate the number of consecutive years of residence in any year. If the time of departure is more than 30 days, three is to change the management method from the approval of the competent tax authority to the record, simplifying the process and facilitated the taxpayer.

The notice also made it clear that the less than 24 hours on the day of the stay in the territory will not be counted as the number of days of residence in the country. The number of years of continuous residence for "six years" will be counted from January 1, 2019, and the number of years before 2019 will no longer be included in the scope of calculation.

The director said that the tax exemption for overseas persons working in China (including Hong Kong, Macao and Taiwan residents) was more relaxed than before.