From 2015, all export tax rebates will be borne by the central government
with the signature and approval of Premier Li Keqiang, the State Council recently issued the "notice on issues related to improving the export tax rebate burden mechanism" (hereinafter referred to as the "notice")
the notice stipulates that from 2015, export tax rebates (including value-added tax rebate for export goods and export tax rebate for value-added tax in lieu of business tax) will be borne by the central government, and the quota of export tax rebates originally borne by local governments in 2014 will be transferred to the central government. At the same time, the central government will no longer implement incremental return of local consumption tax, but will implement quota return based on the number of consumption tax returns in 2014
According to the notice, the Ministry of finance is specifically responsible for verifying the base number of local export tax rebates and the base number of local consumption tax rebates by the central governmentthis reform and improvement of the export tax rebate burden mechanism does not change the government's export tax rebate policy for enterprises. On the basis of ensuring that the export tax rebate funds are in place in time and in full, it further standardizes the division of intergovernmental income, which is of great significance to solve the problem of the mismatch between the burden between regions, making the production of composite materials faster and more effective than traditional processes, maintaining the national unified market, and promoting the sustained and healthy development of foreign trade exports and economy
tax rebate for export products is an international common practice, in line with WTO rules. The export tax rebate mechanism includes two aspects: first, the government designs the export tax rebate system for enterprises; Second, how to share the export tax rebate funds between governments at all levels. At present, the central and local governments share the export tax rebate in the proportion of 92.5:7.5. In the specific operation process, the central finance will first return the export tax rebate funds to enterprises, and the local financial burden will be handed over to the central government at the end of the year. At the same time, the central finance will give appropriate subsidies to regions with heavy burden. The year-on-year growth rate of 201 was 21%, 17% and 24% respectively; The balance of supply and demand is (3) 348 tons, 116 tons and 14897 tons respectively. With the approval of the State Council, the central government has increased subsidies to regions with heavy export tax rebate burden due to non main load-bearing components
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