Reasons for implementing tax reduction and fee reduction policy in China
( 1)
Domestic reasons
( 1)
The successful completion of the supply-side structural reform is inseparable from the policy support of tax reduction and fee reduction.
. The goal of supply-side structural reform in China is to improve supply efficiency, optimize economic structure, and then promote sustained economic growth. Products have a demand side, and the supply side is mainly enterprises. Therefore, the improvement of enterprise's economic profit is conducive to improving the quality and efficiency of supply, and tax reduction is an effective way to stimulate the development of enterprise production.
The "tax reduction and fee reduction policy" reduces the burden on enterprises, improves the quality of government fiscal and taxation services, improves the business environment, promotes the improvement of industrial structure, and is conducive to the completion of supply-side reform tasks and stable economic growth.
(2)
The concept of economic development has changed, paying more attention to economic quality.
. After more than 40 years of economic development, the economic level has improved significantly, and the main social contradictions have also changed. So our people have a higher pursuit of life. The government's concept of economic development is not to blindly pursue economic speed, but to pay attention to environmental protection, actively guide technological innovation of enterprises and improve the quality of economic growth. This means that our government will pay attention to both high-quality economic growth and harmony with nature in the future. As the saying goes,
"Lucid waters and lush mountains are invaluable assets".
Now, China's demand for enterprises is no longer to expand production on a large scale and improve profits, but to encourage enterprises to adjust their production structure, reduce energy consumption and develop in a green, efficient and innovative direction. Therefore, China has implemented a new tax policy to stimulate the transformation and upgrading of enterprises and promote high-quality economic development.
(3)
Overcome the impact of the COVID-19 epidemic on the economy and help enterprises to resume their work and production.
2020
At the beginning of the year, affected by the COVID-19 epidemic, the production activities of most domestic enterprises were restrained, and catering, tourism, hotel accommodation and transportation were also restricted, which seriously impacted the domestic economy, severely damaged the service industry, and small and micro enterprises were on the verge of bankruptcy. At this time, the government is needed to help, and tax incentives are a good coping tool.
Therefore, during the epidemic, helping enterprises to resume work and production is the top priority. Therefore, China has issued a series of targeted tax reduction policies to help enterprises mitigate the impact of the epidemic. However, the preferential tax policies given during the epidemic period are short-lived. If enterprises want to continue to resume production and improve operating profits, they need the government to further formulate and implement a proactive fiscal policy. Especially now, COVID-19 has not been eliminated by the world, and the import and export of enterprises are still restricted. Therefore, in order to promote the development of enterprises, we should continue to promote the policy of tax reduction and fee reduction.
(2)
International reasons
( 1)
The global economy is growing slowly, so a proactive fiscal policy is needed to stimulate economic recovery.
In recent years, the global economic growth has been relatively slow.
2020
In 2000, affected by the COVID-19 epidemic, the global economy declined.
Among the major economies, only China has achieved positive economic growth.
Two zero two one
year
three
moon
nine
The OECD predicts that the global economic growth rate will increase to.
Economic recovery is inseparable from the active financial support of all countries. Moreover, China's economy is accompanied by multiple risks. Therefore, it is necessary to strengthen risk prevention and control with active fiscal policy to support the sustained and stable operation of China's economy.
Therefore, China's tax reduction policy comes from
2008
Since then, it has been continuously updated and improved, and the intensity of tax reduction has been continuously increased, which directly stimulated social and economic vitality. Although the global economic growth is slow, it is also under the condition of gradual economic recovery that private investment in China has developed later.
20 16
/kloc-recovery began after 0/998. Under the condition of the continuous release of tax reduction and fee reduction bonus, the macro tax burden of the whole society has decreased, and the production environment of Chinese enterprises has continued to improve.
(2)
The tax reduction policies of all countries in the world have been introduced one after another, which has triggered international tax competition.
From a global perspective, the large-scale tax reduction bill implemented by the United States aims to attract investment back, increase employment and stimulate economic growth. Some European countries such as Britain, France and Germany are also planning or implementing tax cuts. Other countries are also joining the global wave of tax cuts, and Britain plans to reduce the corporate income tax rate.
15%
Next, France plans to reduce the income tax rate of specific enterprises.
In Germany, personal income tax is reduced to stimulate consumer demand.
The tax reduction policies of these countries have played an important role, reducing the burden on domestic enterprises, improving international competitiveness and inspiring investor confidence. Under the global tax reduction atmosphere, China has made a tax reduction policy suitable for the national conditions. Reducing taxes and fees can reduce the burden on enterprises and individuals, increase the profits of enterprises and improve disposable personal income. So as to expand the production scale of enterprises, increase jobs, enhance personal consumption capacity, attract foreign investment, increase fiscal revenue, and stimulate the healthy economic development of China.
(3)
The global economic trend is blocked, and Sino-US trade disputes continue.
Since the reform and opening up, China has actively participated in the wave of globalization and deeply participated in international economic exchanges, so in the past,
40
The economic level of China has been greatly improved in 2008. However, globalization is a double-edged sword with both opportunities and challenges. Every country has different national conditions and benefits from globalization. Moreover, in recent years, the global economic growth has been slow, and some countries have been affected by factors such as unemployment and the widening gap between the rich and the poor, which has intensified the anti-globalization trend.
special
2020
In 2000, the global outbreak of the COVID-19 epidemic had a serious impact on the economies of various countries, and trade protectionism took advantage of the chaos. Instead of promoting international cooperation, some countries have mobilized international organizations to create trade frictions and engage in trade protectionism, further strengthening the anti-globalization trend. In the face of the anti-globalization trend, China has been influenced by the trade disputes provoked by the United States.
20 18
In, the United States imposed tariffs on goods imported from China, and China also imposed tariffs on American products in order to fight back. This trade war is in a seesaw state and has a negative impact on the economic development of both countries. Therefore, China should first stabilize its domestic economy and formulate targeted economic policies to cope with external economic pressures. Therefore, we should continue to promote the policy of tax reduction and fee reduction, accelerate the reform of fiscal and taxation system, promote the optimization of China's industrial structure, and stabilize the domestic economy in order to cope with the negative impact of trade disputes and anti-globalization.
Second,
Contents of China's tax reduction and fee reduction policy
( 1)
The first stage of structural tax reduction
2008
In 2000, in order to alleviate the economic impact on China,
First proposed "structural tax reduction". The so-called structural, that is, the scope of tax reduction is focused on, which is the tax burden adjustment for specific industries and specific enterprises. At this time, the tax cuts are mainly:
First, expand investment. Realize the merger of income tax of domestic and foreign-funded enterprises
The "merger of two taxes" and the value-added tax have changed from "production type" to "consumption type" in an all-round way, encouraging enterprises to increase technical investment and actively innovate; For small-scale taxpayers
give
Take care of it, appropriately reduce the increase rate of value-added tax, and reduce the operating burden of small enterprises; Levy stamp duty unilaterally, reduce the stamp duty rate and improve the efficiency of the capital market.
Second, adjust the economic structure. We will give preferential income tax policies to western development enterprises, preferential tax policies to integrated circuits, software and other related industries, and increase the export tax rebate rate of high-tech products. I hope this way can promote the upgrading of China's industrial structure and change the export mode. Third, improve people's livelihood. Optimize the tax deduction standard, expand the application scope of lower tax rate, and implement preferential tax policies for laid-off and unemployed people and difficult groups to re-employment, so as to improve their income level.
(2)
In the second stage, the camp will be increased and the tax will be reduced.
20 12
2008 1 month
1
On March, the pilot project of camp reform in China was officially launched. The first place is Shanghai, and the pilot industries are transportation and some modern service industries. With the advancement of the pilot work, the reform of the camp has gradually expanded to other regions. until
20 16
year
five
In June, China fully implemented the reform of the camp, and the scope of value-added tax collection expanded to the fields of construction, finance and life service.
(3)
The third stage of a larger and more inclusive tax reduction policy.
from
20 18
Since 2000, China has introduced a series of measures to reduce taxes and fees, the most important of which is to deepen the reform of value-added tax, including reducing the value-added tax rate, adjusting the standards of small-scale taxpayers, and returning the final tax credits of some industries at one time to improve.
Taxpayer's belt
The feeling of tax cuts is really felt.
20 19
In, the reform of value-added tax was further deepened. Reduce the tax rate and deduction rate of some industries again, adjust the export tax rebate rate, change the real estate deduction method and additional deduction of some industries, and reduce the tax burden of taxpayers. The taxable income of small and micro enterprises enjoying preferential corporate income tax is further increased to
100
Ten thousand yuan, increase the pre-tax deduction of enterprise R&D expenses, in order to improve the scientific and technological investment and innovation enthusiasm of enterprises.
At the same time, the major changes in individual taxes reflect the inclusiveness of this reform, raising the deduction standard for basic expenses of wages and salaries, optimizing the tax rate structure, and increasing special additional deductions. In addition, this tax reform is the first step towards comprehensive collection, releasing a stronger inclusive signal.