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2022 List of Tax and Fee Reduction Policies
1. Increase the strength of end-of-period VAT credit refunds for manufacturing and other industries3

2. Increase the strength of end-of-period VAT credit refunds for small and micro-enterprises3

3. Suspension of prepayment of VAT by aviation and railroad transportation enterprises4

4. Exemption of VAT for public ****transportation services4

5. Dedicated surcharge deduction for care of infants and children under the age of 34

6. Phase-in exemption of VAT for small-scale taxpayers5

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6. phased exemption of value-added tax for small-scale taxpayers5

7. increasing the proportion of additional deduction for research and development expenses for science and technology-based small and medium-sized enterprises (SMEs)5

8. tax mitigation policy for manufacturing SMEs6

The following are the policies for tax reductions and exemptions in 2022:

One of the first is the implementation of tax reduction and exemption policies. The implementation period of the policy of reducing or exempting value-added tax (VAT) for small-scale taxpayers and exempting VAT for services such as public **** transportation, catering and accommodation, tourism and entertainment, culture and sports, etc., will be extended until the end of this year. Small and micro-enterprises and self-employed businessmen are allowed to defer payment of income tax until next year. In addition to the "two high and one capital" all export products that are not refunded at the nominal tax rate are fully refunded;

The second is the implementation of the relevant fee fund reduction and exemption policy. The implementation of this year's introduction of the civil aviation development fund, port construction fees, ship oil pollution damage compensation fund, cultural construction fees, special funds for the development of the national film industry and related drugs, medical devices, product registration fees and other policies;

Three, is to reduce the average cost of enterprise broadband and private line. Mainly for enterprises to implement Internet access broadband and private line fee reduction, and focus on small and medium-sized enterprises and manufacturing industry tilt, the overall realization of enterprise broadband and private line average tariffs reduced by 15%;

four, is resolutely rectify the illegal charges related to enterprises. Improve the regulatory system for fees and charges, and establish a mechanism for evaluating the effectiveness of regulating irregular enterprise-related fees and charges. The company is determined to prevent illegal taxation and fees, focusing on the investigation of "excessive taxes and fees" and other issues, and seriously pursue accountability. The deployment of the national enterprise-related fees special governance, strict investigation of all kinds of enterprise-related fees, the establishment of a perfect investigation mechanism for complaints and reports of arbitrary fees, and increase the efforts to rectify the situation.

Increase the manufacturing industry and other industries VAT end-of-period tax rebate

Enjoy the main

"Manufacturing industry", "scientific research and technology services", "electricity, heat, gas and water production and supply", "software and information technology services", "ecological protection and environmental governance" and "transportation, storage and postal services". "(hereinafter referred to as "manufacturing industries")

Contents of the preferences

(1) Enterprises in the manufacturing industries that meet the conditions can apply for refund of incremental tax credits to the competent tax authorities starting from the tax filing period of April 2022.

(2) Enterprises in the manufacturing industries that meet the conditions can apply for refund of incremental tax credits to the competent tax authorities from the tax filing period of April 2022 onwards.

(2) Eligible medium-sized enterprises in the manufacturing industry and other industries can apply to the competent tax authorities for a one-time refund of the stock of tax credits starting from the tax declaration period in May 2022;

(3) Eligible large-sized enterprises in the manufacturing industry and other industries can apply to the competent tax authorities for a one-time refund of the stock of tax credits starting from the tax declaration period in June 2022.

Policy Basis

Announcement of the Ministry of Finance and the State Administration of Taxation on Further Increasing the Implementation of the Policy of Refunding Tax Credits at the End of the VAT Period (Announcement No. 14 of the Ministry of Finance and the State Administration of Taxation of 2022) Announcement of the State Administration of Taxation on Further Continuously Accelerating the Progress of the Implementation of the Policy of VAT Ending Allowance Refund (Announcement of the Ministry of Finance and the State Administration of Taxation No. 19 of 2022)

Increase of VAT Ending Allowance Refund for Small and Micro Enterprises

Enjoyment Subjects

Small and Micro Enterprises (Including Individual Industrial and Commercial Households)

Preferential Contents

(1) Eligible small and micro enterprises can apply to the competent tax authorities for refund of incremental tax credits from the April 2022 tax filing

return period.

(2) Eligible micro-enterprises can apply to the competent tax authorities for a one-time refund of the stock of tax credits starting from the April 2022 tax filing

period;

(3) Eligible small enterprises can apply to the competent tax authorities for a one-time refund of the stock of tax credits starting from the May 2022 tax filing period.

Policy Basis

Announcement of the Ministry of Finance and the State Administration of Taxation on Further Enhancing the Implementation of the Policy of Refunding Tax Credits at the End of the Value-added Tax Period (Announcement of the Ministry of Finance and the State Administration of Taxation No. 14 of 2022)

Legal Basis

Law on Administration of Taxation in the People's Republic of China

Article 3: Introduction and suspension of taxation, as well as reduction, exemption, refund and supplementation of taxation. No organ, unit or individual shall, in violation of the provisions of laws and administrative regulations, make decisions on the introduction and suspension of taxes, as well as tax reductions, exemptions, refunds and compensatory taxes, or any other decisions that are in conflict with the laws and administrative regulations on taxation.

Article 25 Taxpayers must, in accordance with the provisions of laws and administrative regulations or the tax authorities in accordance with the provisions of laws and administrative regulations to determine the declaration period, the content of the declaration to truthfully handle the tax declaration, the submission of tax returns, financial and accounting statements, and the tax authorities in accordance with the actual needs of the taxpayers required to submit other tax information. The withholding agent must, in accordance with the provisions of laws and administrative regulations or tax authorities in accordance with the provisions of laws and administrative regulations to determine the reporting period, the content of the declaration and truthfully submit the withholding, collection and payment of taxes report form and the tax authorities in accordance with the actual needs of the withholding agent required to submit other relevant information.