Detailed explanation of the largest tax reduction in history
“Do not charge a penny over tax”, and actually let the profits of 2 trillion companies: Detailed explanation of the largest tax reduction in history ■ Reporter Zhang Zhi Ma Weihui Yu Yujin reported the “both inclusive tax reductions and structural tax reductions, focusing on reducingThe burden of bankruptcy in manufacturing and small and micro enterprises.
On March 5, in the “Government Work Report” (hereinafter referred to as the “Report”) made by Premier Li Keqiang of the State Council, clear requirements were set for tax and fee reductions this year.
Sun Ruibiao, member of the National Committee of the Chinese People’s Political Consultative Conference and deputy director of the State Administration of Taxation, couldn’t wait for the end of the afternoon group meeting after listening to the “Report.” Taking advantage of the lunch break, he turned back to work overtime.
At this time, the State Administration of Taxation was busy running because of the tax reduction requirements in the Report.
重庆耍耍网This “Report” puts forward the largest tax reduction plan in history.
The highest, reduced to the main force of tax reduction, tax rate scale adjustment, the original applicable 16% tax rate was reduced to 13%, 10% tax rate was reduced to 9%, 6% tax rate has not changed, but according to requirements, all industries must be guaranteedThe tax burden is only reduced but not increased.
Sun Ruibiao said that the next step will be to take supporting measures such as increasing deductions for production and living services to ensure that the tax burden of all industries will only be reduced or not increased, and continue to move towards the simplification of the tax rate by three and two.
”Reduction is the main force in this round of large-scale tax reductions. The targets of tax reductions include the real economy such as manufacturing and transportation, which have a broad coverage and great strength, and reduce the burden on the real economy.
Shi Wenwen, director of the Research Center of Finance and Tax Law of China University of Political Science and Law, said in interpreting the Report.
At the same time, the “Report” requires that cutting taxes and fees directly against the pain points and difficulties of current market players is a fair and efficient policy.
To ensure that all industries must reduce their burdens, and gradually reduce the burden of corporate mergers and social security contributions by nearly 2 trillion yuan.
As soon as the policy of increasing tax deductions came out, we faced a problem of implementation time. Before implementation, we have a lot of work to do.
For example, the system needs to be upgraded. At the same time, we must do a good job of policy guidance to solve the questions that taxpayers may have.
In addition, the supporting policies mentioned by the Prime Minister must be followed up.
After the implementation of the policy, will it be possible to declare it so correctly, and will the tax reduction be in place?
We have to do inspections, and we must tolerate many excessive pennies.
This is all the next work.
Sun Ruibiao said in a panel discussion at the National Two Sessions.
According to the requirements of the “Report”, gradual reforms will be implemented. Both inclusive tax reductions and structural tax reductions will be implemented simultaneously, with a focus on reducing the burden on manufacturing and small and micro enterprises.
According to Sun Ruibiao, since the 6% tax rate has not changed, it seems that these industries have not been affected, but the tax rate of upstream companies has decreased, so these industries can reduce the deduction. Therefore, the industry with a 6% tax rate, the actual tax burdenIs increased.
In order to ensure that all industries can reduce their burdens, Sun Ruibiao said that the tax department will adopt supporting measures such as increasing resistance to deductions for production and living services to ensure that all industries can enjoy the benefits of tax reduction.
”Excessive tax does not mean that the original tax should be collected at 100% and collected at 120%, but the preferential policy is correct. Even if the excessive tax is collected, we must do an inspection and we can definitely collect an extra penny.
Sun Ruibiao pointed out.
The first tax cut is always the highest.
With regard to social insurance contributions, the Report states that the proportion of contributions paid by urban employees’ basic endowment insurance units will be reduced by 16% in various places.
This is a one-fifth reduction from the current 20% tax rate.
In fact, tax cuts and fees have been one of the priorities of the state’s fiscal policy.
In 2018, the scale of tax and fee reductions reached 1.
At 3 trillion yuan, fiscal revenue was about 15 trillion yuan, and the scale of tax reduction was close to 10% of fiscal revenue.
This year, tax cuts continue to be made, and small and micro enterprises’ tax cuts and fees have been spreading.
On January 9, the executive meeting of the State Council introduced a series of inclusive tax reduction measures for small and micro enterprises; On January 17, the State Administration of Taxation, in conjunction with the Ministry of Finance, issued the “Notice on the Implementation of Inclusive Policies for Small and Micro Enterprises””, Which clearly stipulates the specific content of the preferential policies; On January 18, two collection and management documents supporting the preferential policies for small and small-profit enterprise income taxes were officially released.
Liu Baozhu, deputy director of the Revenue Department of the State Administration of Taxation, said that the long-term good tax and fee reduction policy is the theme of the 2019 annual work.
The State Administration of Taxation and 36 provincial-level taxation bureaus have all set up leading groups for the implementation of tax reduction and fee reduction, opened up information communication channels, and ensured the orderly progress of the work.
As of now, the taxation departments at the provincial, municipal, and county levels have all set up a leading group for tax reduction and fee reduction, led by the “first leader”, and issued “1 + 4” fiscal and tax documents and collection and management announcements to support the development of small and micro enterprises.Local tax relief documents have also been issued.
In addition, the pricing and management system was upgraded as scheduled, the statistical calculation was ready, and the supervision and administration office was in place, which effectively promoted the tax and fee reduction policy to take root.
Pay attention to the continuous expansion of the scale of fiscal reduction of fees and taxes, which not only brings benefits to enterprises, but also puts some pressure on fiscal revenue.
”The difference in revenue and expenditure is more granular than in previous years. Because of the complex international and domestic economic growth and the downward pressure gap, coupled with the large-scale tax and fee cuts this year, fiscal revenue has increased significantly. Therefore, provinces and cities have lowered their fiscal revenue targets this year.
However, rigid fiscal expenditures have not decreased, revenues have decreased, and expenditures have increased in anticipation, leading to more obvious fiscal revenue and expenditure differences.
It is understood that increasing investment efforts and reducing taxes and fees may lead to an increase in the deficit rate.
China has implemented an active fiscal policy for more than ten consecutive years. During the 2008 financial crisis, China implemented an active fiscal policy, and the deficit rate also went from zero in 2008.
11% rose to close to 3% in 2009 and then at 1.
The range of 5% -3% fluctuated within a slight range, and fell slightly to 2 in 2018.
6%, this year rose to 2.
”While reducing fees and taxes, it is also a big thing to balance the budget. The Prime Minister said in the Report that the scale of the deficit must be increased to two.
8%, at the same time tapping the potential and reopening some of the precipitation funds, which may involve hundreds of billions of funds and transformation. Current companies must report more profits and make more contributions. These are to help us reduce taxes and fees.jobs.
The pressure to cut taxes and fees is great.
Sun Ruibiao pointed out.
In order to alleviate the pressure of tax and fee reductions on finances and support the reduction of burdens on enterprises, the “Report” requires that the government must live a tight schedule and find ways to raise funds.
The central government should open up and reduce expenditures, increase the profits paid by specific national financial institutions and state-owned enterprises, reduce general expenses by more than 5%, and reduce the “three public” expenses by about 3%, and all long-term deposit funds will be recovered.
Local governments should also take the initiative to tap the potential, vigorously optimize the expenditure structure, and activate various types of funds and assets through multiple channels.
”We must earnestly give market participants, especially small and micro enterprises, a clear sense of tax and fee reduction, and resolutely fulfill their commitments to the enterprise and society. No matter how many difficulties, we must make this important event a success.
“The report states.