State Tax Administration: Effects of Tax and Fee Reduction Policies Continue to Show Up_ 东方 Fortune.com

Original title: State Tax Administration: The effects of the policies to reduce taxes and fees continue to show

Cai Zili, Director of the Department of Accounting and Revenue Planning of the State Tax Administration, stated in the regular policy briefing of the State Council on the 12th that since this yearTax reductionRegarding the implementation of rate reductions, a series of policies and measures to reduce rates and taxes issued by the Central Committee of the Party and the State Council have been reached.marketThe main body, this year the government of the Council of StatejobsreportDetermined “for the whole yearcompanyThe target task of increasing the burden of more than 2.5 trillion yuan can be expected to be completed, “and the effects of the policy are mainly reflected in” one drop, two increases and three stability. “

Cai Zili introduced that “a drop” refers toMarket playersThe load continues to decrease; the “two raises” mean that the vitality of market players increases and the efficiency of business operations increases; the “three increases” meansjobThe number has steadily recovered,Business investmentSteady recovery, development expectations are constantly improving.

According to data from the State Tax Administration, in the first three quarters of 2020, key tax source companies will beOperating incomeThe tax burden fell 0.63 yuan, a drop of 9.4%. Since the “Thirteenth Five Year Plan,” the state has continually increased its efforts to reduce taxes and fees. The cumulative tax cut in five years is estimated to be around 7.6 trillion yuan. The tax burden of Chinese companies has been reduced year after year. From 2016 to 2019, it decreased by 1.6%, 1.2%, 1.9% and 6.9% respectively, and the burden of market entities continued to decline.

With the advancement of tax and fee reduction policies, the vitality of market entities has continued to increase and corporate operational efficiency has continued to increase. The data also shows that the number of new market entities that came to the tax department to handle tax matters in the third quarterYear with yearAn increase of 24.5%, 17.4 percentage points more than the growth rate in the second quarter; In the third quarter, domestic companies from key tax sources achievedprofitThe total amount increased 4.9% year-on-year, an increase of 8.1 percentage points from the second quarter.

In addition, since the beginning of this year,Social SecurityAnd the continued implementation of policies to reduce social securityIncome taxTax reduction policies have reduced business employmentcost, Number of employees, companiesinvestmentDevelopment expectations are also constantly improving.

The data also shows that in the first three quarters, newInvestment in fixed assetsAn interannual increase of 1.5%, achieving positive growth for the first time during the year, an increase of 5.1 percentage points compared to the first half of the year; R&D expenses nationwideAdditional deduction330,000 companies under the policy of purchasing high-tech and high-tech equipmentTechnical servicesThe amount increases 15.8% year-on-year Increase the percentage of deductions for R&D expenses.movable propertyThe implementation of preferential tax policies, such as one-off deductions, has strongly strengthened the endogenous motivation for business investment.

According to a questionnaire on production and operation of 20,000 companies conducted by the State Tax Administration, 68.6% of companies are expected to develop better in the fourth quarter, an increase of 15.9 percentage points since the close of the first quarter. semester. among them,information technologyServiceHigh-tech industries, such as scientific research and technical services, are expected to account for more than 80% of good companies.

(Source: Xinhua Finance)

(Editor in charge: DF537)