The State Tax Administration: Use big data to help companies ease difficulties with the tax advisory function

Original title: State Tax Administration: Give full play to the role of Big Data and tax advice, helping companies overcome difficulties.

On the 12th, the State Council Information Office held a periodic policy briefing of the State Council to introduce direct financial funds.mechanismwithTax reductionRate reductionjobsStatus of progress and results obtained Cai Zili, Director of the Department of Accounting and Revenue Planning of the State Tax Administration, presented the use of value added tax at the meetinginvoiceWaittaxBig dataTo track the effectiveness of tax and fee cutscompanyResumption of work and production and state of economic operations. Cai Zili said that the State Tax Administration uses the big data of the value added tax invoices to continuously monitor the sales of companies and strive to reflect objectively, comprehensively, timely and comprehensively the development of the economic operation from China.Big Data on tax invoices shows that since this year,macropoliticalAs a result, the sales revenue growth rate of Chinese companies has shown a tendency to pick up quarter by quarter.

Cai Zili, Director of the Accounting and Revenue Planning Department of the State Tax Administration Source: China Net Yang Nan

Cai Zili noted that on a quarterly basis, China’s economy was hit by the epidemic in the first quarter.Year with yearA decrease of 17.6%, a year-on-year increase of 9% in the second quarter, a year-on-year increase of 12.4% in the third quarter, and a further increase in October, a year-on-year increase of 15.1%, an increase 2.7 percentage points from the third quarter. From January to October, the accumulated sales revenue of domestic companies increased by 3.2% year-on-year, and the growth rate was 1.4 percentage points higher than the previous three quarters, reflecting that normalized epidemic prevention and control and the economysocietySeveral development policies have been effective and the momentum of economic recovery has been further consolidated. It has taken the lead in achieving positive growth in the world’s major economies. The highlights are the following five aspects.

　　One isindustrySales recovery accelerated and the cumulative growth rate went from negative to positive for the first time this year.In October, the whole countryIndustrial businessSales revenue increased 10.4% year-over-year, an increase of 1.2 percentage points from the third quarter. From January to October, the cumulative growth rate was 0.4% and the cumulative growth rate achieved positive growth for the first time during the year. In October, among China’s top 41 industry categories, 34 experienced year-on-year growth, an increase of 3 from the third quarter.industryGeneral equipment and high-end links in the chain.Professional environmentmanufacturing, An increase of 23% and 21.6% respectively.

　　Second, the high-tech industry has been constantly accelerating, and new momentum has accelerated.In October, domestic high-tech industry sales revenue increased 17.7% year-on-year, and the cumulative increase from January to October was 13.2%, a 0.6% increase over the three quarters above, including electronic commerceService, Revenues from sales of transformation services for scientific and technological achievements increased 66.9% and 57.9% respectively in October; manufacture of medical machinery and equipment,Pharmaceutical manufacturingThey increased 19.2% and 14.3% respectively.

　　The third is resident services.consumptionThe rapid increase has further accelerated the tourism and catering industry.In October, residents’ service consumption income increased 13.2% year-on-year, an increase of 9.5 percentage points from the third quarter. Among them, the catering industry increased 17% year-on-year, an increase of 6.7 percentage points from the third quarter. Revenue from sales of exhibition services increased 16.9% and 20.2% year-on-year.

　　Four isinvestmentRelated industries continue to improve, the baseBuildingStable progress.In October, investment relatedConstruction industrySales revenue increased 19.6% year-on-year, with a cumulative increase of 9.4% from January to October, a 0.6% increase over the previous three quarters; increased efforts in the construction of new infrastructure, construction of power transmission and communications facilities, and energy conservationEngineering constructionRevenues in October increased 9.9% and 15.8% respectively; significantBuildingWith accelerated progress, revenues from sales of rail, road and port transportation facilities in October increased 17.7%, 25.2% and 16.1% respectively.

　　Five isPrivate economyThe recovery situation is good,Private companyThe growth is relatively fast.In October, sales revenue for the private economy increased 18.7% year-on-year, and the accumulated increase from January to October was 5.1%, 1.9 percentage points higher than the general level of national companies. Among them, the sales revenue of private companies in October increased 21.6% year-on-year.

Cai Zili also pointed out that in the next step,The tax department will closely focus on the requirements for the development of high-quality services and building a new development pattern, continue to delve into the value of tax big data, give full play to the role of big data as tax advice, will help companies alleviate difficulties and better serve the “stability of the six” “The general situation of the” six guarantees “works.

(Source: Sino-Singapore Jingwei)

(Editor in charge: DF537)