Local Policy: Tax Incentives Can Help Jiangsu Sheyang Textile Enterprises Move Towards "Wisdom"

In recent years, Sheyang County has given full play to the advantages of industrial agglomeration, actively guided textile enterprises to take an innovative development path, and promoted the accelerated transformation of the textile industry to high-end, intelligent, and green. On the path of local textile transformation and upgrading, the Sheyang County Taxation Bureau of the State Administration of Taxation gave full play to its tax functions, continued to optimize tax services, implemented various preferential tax policies, and helped textile enterprises to walk out of a new path of high-quality development.

　　 Accurate and considerate service to stimulate strong enterprise power

"The staff of the tax department regularly visit the company to provide personalized tax related services according to the size and needs of the company. They respond quickly to the demands of the company, which makes us confident in the development of the industry. Now we have new equipment, and the productivity and efficiency have been significantly improved." Wang Zhengping, the financial director of Shayin Group Sheyang Printing and Dyeing Company, said.

Jiangsu Shayin Group Sheyang Printing and Dyeing Co., Ltd., located in Yancheng Textile Dyeing and Finishing Industrial Park, Linhai Town, settled in Gaofang Park in 2009. After more than ten years of rapid development, the company has become a group company with textile, printing and dyeing, heat supply, sewage treatment and foreign cooperation joint ventures. Now, Sand Printing Group has eliminated the existing screen printing machines and traditional rotary screen printing machines, and introduced waterless digital printing.

It is understood that in order to help textile enterprises move forward steadily, the Sheyang County Taxation Bureau, relying on the advantages of big data, combs the enterprises in the park in detail, improves the taxpayer label and logo, precisely applies the policy of "drip irrigation", sets up an expert group, visits and checks the pulse, solves difficult and miscellaneous problems, carries out fine guidance, and provides enterprises with personalized services of "one enterprise, one policy".

　　 Accurate tax preference policy, enabling enterprises to upgrade "smart manufacturing"

The development of enterprises needs good services and can not be separated from good policies. Sheyang County Taxation Bureau has always focused on the development needs of enterprises, implemented various preferential tax policies in every link of project introduction, implementation, production and effectiveness, and spared no effort to release tax dividends, so as to support enterprises to increase scientific and technological innovation and achieve green transformation.

Entering the workshop of Shanghai Tiqiao Jiangsu Textile Technology Co., Ltd., which was rated as an intelligent manufacturing factory in Jiangsu Province, we saw the dye vats collectively "going upstairs", and the series of links such as cage entry, cage exit, handling, cylinder loosening, cylinder tightening, and drying were all completed by 6 mechanical arms. At present, the company's package yarn dyeing workshop has achieved 90% automation.

"Since its establishment, the tax department has paid close attention to the development of our enterprise, helping us calculate the dividends we can enjoy, so that we can enjoy the preferential tax policies. The company has stepped into the battle with light load, accelerated the return of funds, and has more power to promote the" smart transformation and digital transformation "." Peng Guangyan, the financial director of the enterprise, said. Since 2023, the company has enjoyed the policies of R&D expense plus deduction, value-added tax plus deduction and so on, and the income tax of more than 20 million yuan has been exempted and exempted only from R&D expense plus deduction.

In the next stage, the tax bureau of Sheyang County will focus on the industrial chain segmentation of textile enterprises, implement various preferential tax policies, optimize new service measures, accelerate the development of new quality productivity, and use the continuous "tax power" to help textile enterprises move towards "wisdom". (Xu Zhongping and Chen Juan)

(Source: Economic Information Daily)