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    New Tax Cuts, Spring Breeze, Ningbo Jiangbei Tax, Speeding Up Enterprise'S "Intelligent Manufacturing" Upgrading

    2019/10/11 9:34:00 0

    Tax Cut And Fee Reduction

    With the accelerated release of tax reduction and bonus reduction, especially the increase in the proportion of tax deduction and pre tax deduction, a large number of manufacturing enterprises also accelerate the upgrading of "intelligent manufacturing".


    "Technological innovation is the soul of enterprises producing cashmere yarns." Kang Sai Ni Group Co., Ltd. is located in Jiangbei District of Ningbo. It is one of the largest exporters of cashmere yarn in China. Its chairman, Xue Jing Li, said that enterprises attach great importance to technological innovation and invest about 50000000 yuan a year in product development and technological transformation.


    Along with a lot of policies on tax reduction and tax reduction for R & D, it also made a "timely rain" for enterprises.


    "This year, we have invested $571 million 304 thousand in cooperation with SIEMENS in Germany to build a digitized unmanned factory, which will be able to deduct more than about 3500000 yuan of tax according to the existing policies. At the same time, the proportion of research and development expenses before tax deduction will be increased from 50% to 75%. The sum of deductible amount before tax can be increased by 14 million 540 thousand yuan, enjoying 3 million 630 thousand yuan of preferential tax benefits." Xue Jing Li further introduced that the production efficiency of the new 10 digit 2.5 meter digital woolen production line increased by 1.5 times to 2 times that of the same scale production line, which can effectively improve the production efficiency and product quality.


    He also revealed that in May this year, the new value-added tax rate fell 1 percentage points to the landing of the new policy, and the second quarter brought about a tax dividend of about 1 million yuan for enterprises.


    In addition to "touch" tax reduction bonus, tax services are also accelerating.


    "Now, the acceleration of the export tax rebate efficiency allows enterprises to run more smoothly." Xue said that it is the support of the real tax policy that enterprises are more "strong" on the road to becoming bigger and stronger.
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