The State Administration of Taxation issued 26 measures: Resolutely implement tax reduction and exemption policies to ensure that the actual burden of corporate social security contributions is substantially reduced

The State Administration of Taxation issued the “Notice on Implementing Measures to Further Support and Serve the Development of the Private Economy” on November 16.

The notice emphasized the implementation of preferential tax policies without compromise. Taxation authorities at all levels must resolutely implement the principle of organizing income for taxation in accordance with the law, resolutely refrain from “excessive taxes”, and resolutely implement tax reduction and exemption policies. Private enterprises that meet the conditions for enjoying preferential tax policies are treated equally with other taxpayers to ensure that preferential policies are implemented. It is necessary to implement the exemption of value-added tax for small and micro enterprises in accordance with laws and regulations, the reduction of corporate income tax for small and low-profit enterprises, the interest income of loans provided by financial institutions to small and micro enterprises, and the exemption of value-added tax on income from guarantee agencies providing credit guarantees to small and medium enterprises Preferential policies that benefit private enterprises, continue to increase the implementation of policies, and ensure that private enterprises enjoy the best.

The notice pointed out that in accordance with the law, the delayed payment of taxes for private enterprises with operating difficulties was handled. Tax authorities at all levels should further study targeted and operational tax assistance measures for private enterprises with production and operation difficulties and good tax credit, and actively promote their inclusion in the overall planning arrangements of local governments to help them achieve better development. For private enterprises that do have special difficulties and cannot pay taxes on time, the tax authorities shall actively help the enterprises relieve financial pressures by handling tax deferred payment in accordance with the law.

The notice emphasized the stabilization of social insurance premium payment methods. The State Administration of Taxation shall actively cooperate with relevant departments to study and put forward suggestions such as reducing the social security rate, so as to ensure that the overall burden on enterprises is not increased, and to ensure that the actual burden of social security contributions by enterprises is substantially reduced.

The notice also pointed out that actively researching and putting forward tax reduction policy recommendations. The State Administration of Taxation shall cooperate with relevant departments to promptly study and put forward proposals to promote substantive tax reductions such as value-added tax, to implement inclusive tax exemptions for small and micro enterprises and technology start-ups, and to make overall proposals to solve the problems found in the tax reform and progress; According to the public opinion solicitation, it is necessary to cooperate with relevant departments to promptly improve the policies for the 6 special additional deductions of personal income tax.

The original text is as follows:

The tax bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning of the State Administration of Taxation, the local special commissioner offices of the State Administration of Taxation, and all units within the bureau:

The Party Central Committee and the State Council attach great importance to the development of the private economy. General Secretary Xi Jinping delivered a very important speech at the recent private enterprise symposium. He gave important instructions on supporting the development of private enterprises and moving towards a broader stage, and put forward clear requirements and provisions for taxation work to better serve the development of the private economy. Follow at all. In recent years, the taxation department has conscientiously implemented the decisions and arrangements of the Party Central Committee and the State Council, and has played its due role in actively promoting the development and growth of the private economy. In order to thoroughly implement the spirit of General Secretary Jinping’s important speech and effectively perform the duties of the taxation department, the following measures are now proposed to further support and serve the development of the private economy:

1. Earnestly implement and improve policies to promote tax reduction and burden reduction for private enterprises

(1) Implement tax preferential policies without compromise. Taxation authorities at all levels must resolutely implement the principle of organizing income for taxation in accordance with the law, resolutely refrain from “excessive taxes”, and resolutely implement tax reduction and exemption policies. Private enterprises that meet the conditions for enjoying preferential tax policies are treated equally with other taxpayers to ensure that preferential policies are implemented. It is necessary to implement the exemption of value-added tax for small and micro enterprises in accordance with laws and regulations, the reduction of corporate income tax for small and low-profit enterprises, the interest income of loans provided by financial institutions to small and micro enterprises, and the exemption of value-added tax on income from guarantee agencies providing credit guarantees to small and medium enterprises Preferential policies that benefit private enterprises, continue to increase the implementation of policies, and ensure that private enterprises enjoy the best.

(2) Stabilize the payment methods of social insurance premiums. The State Administration of Taxation shall actively cooperate with relevant departments in researching and putting forward suggestions such as reducing the social security rate, so as to ensure that the overall burden of enterprises is not increased, and that the actual burden of corporate social security contributions is substantially reduced. In the process of reforming the social security fee collection and management mechanism, tax authorities at all levels must ensure a stable payment method and actively cooperate with relevant departments