In 2019, the local tax reduction fee was enough.
One of the first wave of 200 billion yuan tax cuts in the central government this year is to allow 31 provinces (provinces, autonomous regions, and municipalities directly under the central government) to meet the needs of local small-scale taxpayers according to local conditions and macro-control needs. In the 50% tax range, the “six taxes and two fees” will be reduced, namely resource tax, urban maintenance and construction tax, real estate tax, urban land use tax, stamp duty (excluding stamp duty on securities transactions), farmland occupation tax and education surcharge, Local education surcharges.
The first financial reporter initially found out that as of the morning of February 11, at least 21 provinces’ fiscal and taxation departments had publicly issued a document to clarify the scope of tax reductions, and they all chose to reduce the “six taxes and fees” by 50%. Overlay and enjoy other preferential policies, the policy implementation period is 2019~2021 three years.
These 21 provinces are located in the eastern, central and western regions, including Guangdong, Fujian, Zhejiang, Jiangsu, Shandong, Beijing, Jiangxi, Hunan, Hubei, Henan, Shanxi, Gansu, Ningxia, Chongqing, Yunnan, Sichuan, Qinghai, Guizhou, Liaoning, Jilin and Heilongjiang.
"It is estimated that most places will be taxed at 50% of the top, because at present, the local economy is generally facing the risk of economic downturn, and tax cuts and fee reductions can stimulate the vitality of enterprises, which is one of the important measures to cope with the economic downturn. Tax reductions. The central government also encourages local tax reductions. For example, the State Council has made clear that in order to make up for the local financial gap caused by large-scale tax reductions and reductions, the central government will increase local general transfer payments, which in fact encourages financial resources. Tax reductions in tight areas." Shi Zhengwen, director of the Center for Finance and Tax Research at China University of Political Science and Law, said to the First Financial Reporter.
In fact, in order to attract investment, local governments have already begun to compete on tax reductions and exemptions. In view of the 50% reduction in local tax reduction fees given by the central government, it is natural for local governments to fully use tax reduction and fee reduction policies to attract enterprises to settle in the local area. Create a good business environment.
Shi Zhengwen said that since the "six taxes and two fees" are basically local taxes, the central government will authorize local tax reductions within a certain range, and the localities will decide to reduce taxes and fees. Although most provinces and cities currently impose tax reductions, it does not mean that all provinces and cities must impose tax reductions. All localities should decide which taxes to reduce according to their specific control objectives, financial affordability, and macroeconomic operations. Fee, how much.
For the locality, the halving of the “six taxes and two fees” will be a small tax reduction. The object of enjoying the halving of the “six taxes and two fees” is the small-scale taxpayers of value-added tax, while most of the VAT payers in China are small-scale taxpayers of value-added tax, so the range of enterprises benefiting is large.
According to the Ministry of Finance, the total income of the above-mentioned "six taxes" in 2018 is nearly 1.3 trillion yuan. Among them, urban maintenance and construction tax was 484 billion yuan, property tax was 288.9 billion yuan, urban land use tax was 238.8 billion yuan, resource tax was 163 billion yuan, and stamp duty (excluding securities transaction stamp duty) was 122.2 billion yuan. At present, the official has not disclosed the total income of education surcharges and local education in 2018.
Some provinces have measured the effect of reducing local taxes and fees. such asRevenueGuangdong Province, which ranks first in all provinces of the country, is expected to reduce the “six-tax and two-fee” of small-scale taxpayers of VAT according to the maximum 50%, and benefit from the province’s more than 5 million VAT small-scale taxpayers, accounting for all VAT 80% of the people will be tax-deducted 9.5 billion yuan for small-scale taxpayers in the province.
Wang Dongwei, director of the Finance Department of Henan Province, said that the local implementation of the "six taxes and two fees" 50% reduction, is expected to benefit the province's value-added tax small-scale taxpayers 2.019 million, the market body for the burden of 5.12 billion yuan.
The Fujian Provincial Department of Finance is expected to benefit from the local levy of “six taxes and two fees”, and the small-scale taxpayers of more than 1.3 million VAT can reduce taxes by more than 13.5 billion yuan during the period of 2019-2021. This means a tax reduction of at least 4.5 billion yuan per year. .
Due to the 50% reduction of the six local taxes and the two additional taxes, the standard is clear, concise and easy to operate, and the qualified enterprises can enjoy the tax reduction discounts quickly and easily.
Moreover, all localities have made it clear that if the VAT small-scale taxpayers have enjoyed other preferential policies of “six taxes and two fees” according to law, they can superimpose the preferential policies stipulated in the “six taxes and two fees”. This means that some tax and tax reductions will exceed 50%.
Taking the urban land use tax as an example, the finance and taxation department has previously explicitly imposed an urban land use tax on 50% of the tax on the underground construction land that is separately constructed within the scope of urban land use tax. On this basis, the province's urban land use tax for VAT small-scale taxpayers will be reduced by 50%. The maximum reduction of urban land use tax can reach 75%.
(Article source: First Finance)