Small enterprises or large-scale tax cuts to jointly study the support of SMEs

Tens of millions of small and medium-sized enterprises, micro-enterprises or soon will usher in good news.

Recently, the reporter of China Times learned from relevant persons of the Small and Medium Enterprises Association that the State Administration of Taxation recently invited SME associations to discuss relevant policies for supporting small and medium-sized enterprises. In the meantime, the State Administration of Taxation has said that the SME Association’s tax burden is too heavy, and it will study the tax support policies for small and medium-sized enterprises and reduce taxation for small enterprises.

Our reporter then learned from the State Administration of Taxation that the relevant internal bureaus of the General Administration are indeed studying relevant support policies for SMEs. However, the relevant tax officials told reporters that the relevant policies for SMEs support the taxation department only in conjunction with the Ministry of Industry and Information Technology and the China Banking Regulatory Commission to participate in relevant research work, mainly in the Ministry of Industry and Information Technology.

The above-mentioned officials of the State Administration of Taxation told the reporter that the policy is still in the research stage, and it is inconvenient to say more. However, from the perspective of the work of the State Administration of Taxation, there is a high possibility of a substantial tax cut for SMEs. The above-mentioned SME Association officials told reporters that the policy is expected to be introduced within the year.

Another official of the State Administration of Taxation told this reporter that when the large enterprise tax management forum was held in early June, the senior officials of the General Administration had specifically requested to arrange for two small-scale enterprises to participate and listen to the views of the two companies on taxation work. "We think Large enterprise forums should invite large enterprises, and the leaders specially arrange small business participation. At least, they still attach great importance to this work," the official said.

Significant tax cuts
Our reporter learned that even if it is not the leading department of the SME support policy formulation, it is only to cooperate with the work of relevant departments, and the research on the fiscal and taxation support policies of small and medium-sized enterprises, there are at least two divisions within the State Administration of Taxation. An official from the Income Tax Department told reporters that "the relevant work involves several departments."

According to the internal working practices of the State Administration of Taxation, this situation often indicates that the scope of the work itself is relatively large, often not just a tax type study.

Insiders of the General Administration told reporters that if the scope of work involves only one type of tax and can be implemented in a specific department, the research work is often carried out by a certain department. Previously, the tax incentives for small and medium-sized enterprises generally involve income tax, so the relevant work is generally The Income Tax Division is responsible, and this discussion is not only related to the Income Tax Division, but also includes the Policy and Regulation Division.

The above-mentioned officials of the State Administration of Taxation also said that the specific policy is still in the research stage, and there is no timetable yet. The above-mentioned small and medium-sized enterprises are more optimistic that the substantial tax cuts for small and medium-sized enterprises, especially small enterprises, may be introduced during the year.

Analysis of relevant national SME-related policies and recent work progress of the Ministry of Industry and Information Technology, the competent department of SMEs, can be found that it is highly probable that the introduction of large-scale tax reduction policies for small enterprises during the year.

In September last year, the State Council issued the "Several Opinions on Further Promoting the Development of Small and Medium-sized Enterprises" (hereinafter referred to as the "Opinions"). The article clearly stated that it should "implement and improve tax incentives". The opinion indicates that the state uses tax policies to promote the development of small and medium-sized enterprises. The Ministry of Finance and the State Administration of Taxation will study and formulate with relevant departments.

Before the document was issued, our reporter learned that the State Administration of Taxation was already studying tax incentives for small and micro-profit enterprises.

It is proposed to reduce the two-point to 18% on the basis of the 20% preferential tax rate for small and micro-profit enterprises. The original tax threshold for small-scale and low-profit enterprises may be raised from the annual income tax amount of not more than 300,000 yuan to 500,000.

After the promulgation of the opinions, the relevant preferential policies were not completely in accordance with the original assumptions. The tax reduction policy for small and small-profit enterprises was presented in a short-term preferential manner. “From January 1, 2010 to December 31, 2010, the annual tax payable Small-scale meager profit enterprises with an income of less than 30,000 yuan (including 30,000 yuan) shall be included in the taxable income at 50% of the income, and shall be subject to corporate income tax at a rate of 20%."

In accordance with established practice, relevant tax policies for small-scale, low-profit companies require a clear policy statement before the expiration of the preferential policy. From this perspective, it is not impossible to introduce a large tax reduction policy for small and small enterprises at the end of the year.

As the leading department of SME preferential policies, the work of the Ministry of Industry and Information Technology has been advancing. Last week, "China Times" was exclusively informed that the Ministry of Industry and Information Technology is formulating new standards for SMEs. The recent standards have been solicited in a wider range of opinions and will be reported to the State Council this month. It is expected to be announced to the public in September.

Or encounter difficulties in execution
The introduction of a large-scale tax reduction policy may not be far behind, but since the preferential policies for small and medium-sized enterprises have often been difficult to implement, the taxation and small and medium-sized enterprises have little hope for large-scale tax cuts for small enterprises.

In an interview with reporters, the Taxation Research Institute of the State Administration of Taxation said that in fact, the tax reduction space for small enterprises is not large, because the business tax, income tax and other taxes of small and small profits enterprises are all subject to verification, even if the tax rate is greatly reduced, The effect of small meager profit enterprises is not obvious.

Some small business leaders are very difficult to say that the policy pie is really implemented. It is also true from the implementation of some recent SME support policy documents.

In August 2009, the State Council issued six measures to support small and medium-sized enterprises. However, these have not been effective for SMEs; on September 22, 2009, the “Several Opinions of the State Council on Further Promoting the Development of SMEs” was promulgated; 2010 4 On the 28th, the State Council executive meeting chaired by Premier Wen Jiabao of the State Council clearly pointed out that it is necessary to improve the support policies for small businesses.

In fact, many small-scale grass-roots enterprises reflect that the policies that support SMEs have been introduced, and the policies themselves have no problems, but they are difficult to implement.

Zhou Dewen, president of the Wenzhou SME Promotion Association, told reporters that the number of small and medium-sized enterprises is wide, and most small enterprises and micro-enterprises are hard to get benefits. The policy itself is difficult to implement. He believes that after the introduction of the new SMEs division standard led by the Ministry of Industry and Information Technology, the classification and finer and more targeted may be able to alleviate the difficulty of implementing preferential policies.

The above-mentioned tax research institutes told reporters that the reduction of various fees and charges for small businesses may have a more significant effect on reducing the burden on SMEs.

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