In the first five months of this year, a tax policy of 632.4 billion yuan was implemented to ensure the steady development of foreign trade enterprises

release time:2020/7/3

As a series of policies and measures to stabilize foreign trade have taken effect, the foreign trade industry in various regions has gradually recovered. According to the State Administration of Taxation, from January to May this year, a total of 632.4 billion yuan of tax rebates and exemptions were granted to foreign trade enterprises. The national tax system has focused on "six stabilisation" and "six guarantees". Tax policies have been adopted to stabilize the development of foreign trade, and the rate of export tax rebates has been used to protect market entities. This has effectively guaranteed that export enterprises can put their funds to work, stabilize production and sales, and expand the market against the wind.


The policy of "lifting rate" injects "new fresh water" into development


On March 17, the State Administration of Taxation and the Ministry of Finance jointly issued the Notice on raising the export tax rebate rate of some products, raising the export tax rebate rate of 1,464 products. Tax authorities across the country compare product lists one by one, targeted push, the first time to the New Deal "fresh water" to enterprises, alleviate the financial pressure of enterprises, promote the stable development of foreign trade.


"This time the state has raised the tax rebate rate for some of our products. The tax rebate rate for the two products we produce, cast-iron cover and grate, has been raised from 10% to 13%. It is expected to increase export tax rebate by about 3 million yuan this year. Zhao Liqiang, general manager of Handan Hongguang Foundry Co., said the announcement of the tax rebate policy was timely and heartening-as foreign customers stopped production due to the global epidemic.


Yunnan Ruili Huayuan Import and Export Co., Ltd. has received three tax rebates under the policy. "The increase of export tax rebate rate is a good policy for our export enterprises. Among them, after the export tax rebate rate of 1,084 products was raised to 13 percent, many of our biological agents and other products benefited. So far, we have received tax rebate of 2,418,400 yuan, which has greatly helped us tide over the difficulties." Referring to the new export tax rebate policy, the company's financial officer said.


It is understood that the company is mainly engaged in the export business of mineral products and chemical products. Due to the epidemic, the export of goods, foreign orders and other aspects have been greatly affected. From February to April this year, the sales income has decreased by 52% compared with the same period last year.


Central University of Finance and Economics professor Fan Yong said that the export tax rebate policy to encourage exports, promote the development of the national economy has an important role in promoting. The increase of export tax rebate rate is conducive to reducing the operating costs of enterprises and enhancing the international competitiveness of export products. In the context of the global spread of the epidemic and the sluggish foreign trade market, it has effectively boosted the confidence of foreign trade enterprises and is the key to helping them overcome the difficulties.


Set up a "highway" for tax Refund


For foreign trade enterprises, stable capital flow is particularly important. In order to speed up the rate of tax refund, tax authorities actively promoted paperless tax refund declaration, and accelerated the average processing time of normal export tax refund nationwide by 20%. By the end of May, the number of enterprises that declare paperless tax refund has accounted for 93% of the total number of enterprises that declare tax refund, accounting for 96% of the total tax refund.


Donghua Electronic Components (Zhuhai Free Trade Zone) Co., Ltd. is the r&d and production center of TDK Group (Tokyo Electric Chemical Industry Co., LTD.) in Zhuhai, which accounts for more than 50% of the global market share of the global varistor business. Affected by the epidemic, labor and transportation costs rose, greatly increasing the financial pressure of enterprises.


After being informed of the situation, Zhuhai tax authorities quickly arranged specially-assigned persons for docking, assisted enterprises in paperless declaration, and accelerated the examination and verification of export tax rebates. "The declaration was made the same day, the audit was completed, and the account arrived the next day. More than 11 million yuan of tax refund guaranteed the enterprise's capital circulation, making us more confident in stable production and sales!" The company's financial director tan dongli is the efficient tax refund thumb up of the tax department.


The rapid arrival of funds, thanks to the full coverage of paperless tax returns. In Shandong, Affected by the epidemic, Yantai Laizhou Sanli Auto Parts Co., Ltd. is facing capital turnover difficulties. After realizing the difficulties of the enterprise, the local tax authorities accelerated the examination and approval process, and more than 4.6 million yuan of export tax refund was returned on the same day. "I thought the rate of tax refund would slow down during the epidemic, but it was only completed within one day from the time of filing to the time of receiving the tax refund. It was really 'timely rain'." The company's legal representative Yang Liyan said.


The high efficiency of "one day retreat" is not an exception. Anhui Lu 'an Soyi Electric Appliance Manufacturing Co., Ltd. is also a beneficiary of the accelerated tax rebate. "After we submitted the declaration, it took only half a day for us to refund the 2.17 million yuan from the tax department's approval to the tax refund." The company's chief financial officer Shi Jun praised. It is reported that the local tax authorities, together with the national Treasury and Banks of the People's Bank of China, have set up a "linkage mechanism of tax, Treasury and bank" to optimize the review process of tax rebates, so as to achieve "on-call review" and "on-call handling".


"Contactless" handling adds convenient "tax power"


The release of good export tax rebates is inseparable from solid and meticulous services. On the basis of the implementation of paperless declaration of export tax rebates, tax authorities have vigorously implemented the "contactless" process for the whole process of export tax rebates. Since the implementation on February 10, nearly 290,000 enterprises have applied for tax rebates through the "contactless" method to effectively reduce the cost of tax processing and optimize the business environment.


In guangdong, a major exporter of goods, the strength and speed of tax rebates is warming many businesses. "Under the influence of the epidemic, when the company's exports were blocked and its capital was tight, the tax officials provided reminders over the phone and helped us handle the whole process online. The 1.21 million yuan tax refund was received, which alleviated the financial pressure and maintained the operation of the company." Chen Cuili, a financial officer at Denas Metal Products in Guangdong, whose business is heavily dependent on exports, is particularly impressed.


Fujian enterprises also feel full of tax rebates for those who do not leave their homes. According to the situation of enterprises, fujian taxation department tailor-made "cloud package" of export tax refund, carried out policy answers through WeChat, video, etc., and conducted tax refund audit and evaluation through big data analysis, telephone interview, etc. "The 'cloud package' for export tax rebate is not only intimate, but also saves our worry. During the epidemic, a total of 9.7 million yuan in tax rebates were received, providing a new driving force for us to expand exports." Wang Yi, finance director of Fujian Huashang International Trading Co LTD.


During the epidemic period, the cloud "shortage handling" of export tax rebates is one of the "contactless" tax handling measures implemented by tax authorities. "When we applied for our first export tax rebate declaration, we were worried about how to submit paper documents. We received a phone call from the tax department telling us that we could deal with the shortage of documents. Yu Huifang, the finance director of Zhejiang Senya Import and Export Co., was relieved to receive a text message with a tax refund of 910,000 yuan.


It is understood that, in order to ensure normal tax refund, tax authorities will handle tax refund (exemption) for newly established export enterprises' first tax refund (exemption) declaration and other export businesses with controllable risks within the limit, and then go through on-site verification procedures after the epidemic is over to maximize the implementation of "non-contact" services.


In order to optimize export tax rebate services, local tax authorities have taken various measures to improve the quality and efficiency. Shijiazhuang Taxation Department has produced online courses such as "Training on Export Tax Rebate Policy for Epidemic Prevention and Control" and "Operation of Single Window" to help understand the tax rebate policy. Ningbo tax authorities have launched a full range of online filling "non-contact", paper certification data "deferred compensation", foreign exchange collection related matters "deferred report" and other combined services, to protect the stable development of foreign trade enterprises.


The relevant person in charge of the State Administration of Taxation said that in the next step, the tax authorities will continue to implement various export tax rebate policies and measures to benefit enterprises and enterprises, to provide foreign trade enterprises with more high-quality and efficient tax payment services, help foreign trade enterprises to break through the tight encirlement, stable business, boost the stable and high-quality development of foreign trade economy.


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