According to data recently released by the State Administration of Taxation, from January to October this year, 1,660.7 billion yuan of new tax and fee reductions and tax refunds and deferrals were added across the country, which effectively stimulated the vitality of business entities and enhanced the momentum of innovation and development.
Tax and fee reductions are important measures to stabilize enterprises and protect employment and support the development of business entities, and are an important part of the implementation of a proactive fiscal policy this year. It can be seen that China has continued, optimized and improved a number of policies related to tax and fee reductions, and paid attention to the continuity, forward-looking, precision and coordination of policies, especially from improving the quality of supply and expanding effective demand.
"Living water" is surging, benefiting private enterprises. The private economy is a new force in national economic and social development, and it is also the main beneficiary of various preferential tax policies. From January to October this year, the country added 1,660.7 billion yuan in tax and fee reductions and tax refunds and deferrals, of which 12,385 were added by private economic taxpayers600 million yuan, accounting for nearly 75%. It can be said that the implementation of preferential tax policies has provided strong support for the steady growth of the private economy.
Spring rain "moistens seedlings, Ze is small and micro. Hundreds of millions of small and micro enterprises and individual industrial and commercial households in urban and rural areas are the basic cells of the national economy, playing an important role in stabilizing growth, promoting employment, and benefiting people's livelihood. In order to support the development of small and micro enterprises and individual industrial and commercial households, the state has introduced a series of preferential tax policies such as VAT reduction and exemption for small-scale taxpayers, income tax incentives for small and micro enterprises, and tax incentives for venture capital enterprises. The preferential policies for enterprises are precise and direct, and fine drip irrigation can effectively help small and micro enterprises and individual industrial and commercial households recover their vitality, so that the "small people" can burst out with "big energy".
Huifeng "and smooth, encourage innovation. Enterprises are the main body of technological innovation, and the policy of additional deduction of R&D expenses is one of the important policies to promote innovation-driven development. In recent years, China has continuously optimized the R&D expense deduction policy, and in March this year, the R&D expense deduction ratio of eligible enterprises was uniformly increased from 75% to 100%, and it was implemented as an institutional arrangement for a long time. At the same time, the new prepayment declaration period in July will be added as the time point for enjoying the policy to guide enterprises to increase R&D investment faster and better. In the first three quarters, the country totaled 4030,000 enterprises enjoy the policy of additional deduction of R&D expenses in advance, which effectively enhances the confidence of enterprises in R&D investment.
Good policies need to be implemented well. Behind the preferential tax policies are the hard work and unremitting efforts of all relevant departments at all levels. For example, the implementation of "policy to find people", the implementation of "fine services", the push of "bonus bills", and the improvement of "tax speed" ......The continuous optimization of tax measures has strongly supported the development of the real economy.
The implementation of tax cuts and fee reductions has achieved positive results, but it should also be noted that the triple pressure of demand contraction, supply shock, and weakening expectations is still the main difficulty and challenge facing the current economy, and insufficient aggregate demand is still a prominent contradiction facing the current economic operation. Expanding domestic demand is an important direction and focus of fiscal policy to further strengthen efficiency and efficiency, and it is also an important direction for reducing taxes and fees. In the next step, we need to continuously optimize the tax and fee reduction policies and continuously improve the policy efficiency according to the changes in the situation, so that the tax and fee reductions can better serve high-quality development and the construction of a new development pattern. (China Economic Net columnist Mao Tonghui).
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*: China Economic Net.