The State Administration of Taxation recently updated and issued four preferential tax policy guidelines, including the guidelines for "mass entrepreneurship and innovation", the guidelines for preferential tax policies for small and micro enterprises and individual industrial and commercial households, the guidelines for preferential tax policies for software enterprises and integrated circuit enterprises, and the guidelines for preferential tax policies to support rural revitalization.
The guidelines continue the previous style and are divided into three parts: introduction, policy compilation and document catalogue. Each preferential policy is arranged according to the enjoying subject, preferential content, enjoying conditions and policy basis. The updated guidelines embody three characteristics.
First, the new preferential tax policies issued after the release of the last guidelines have been added, especially the new combined tax support policies launched by the CPC Central Committee and the State Council in 2022;
Second, some tax preferential policies that have been implemented and expired have been deleted;
Third, extend the implementation period of some preferential tax policies, such as periodic exemption of value-added tax for small-scale taxpayers, preferential tax for entrepreneurship and employment of key groups, preferential tax for investment in start-up science and technology enterprises, etc.
The guidance on preferential tax policies for "mass entrepreneurship and innovation" focuses on the main links and key areas of innovation and entrepreneurship, and further classifies them into 120 preferential tax policies and measures, covering the whole life cycle of enterprise start-up, growth and maturity.
The guidelines on preferential tax policies for small and micro enterprises and individual industrial and commercial households combed and formed 39 preferential tax policies for small and micro enterprises and individual industrial and commercial households from three aspects: reducing burden, promoting financing and helping entrepreneurship.
The guidance on preferential tax policies for software enterprises and integrated circuit enterprises highlights the support for the development of software enterprises and integrated circuit enterprises, and combs and forms 21 preferential tax policies for software enterprises and integrated circuit enterprises.
Focusing on the effective connection between poverty alleviation and rural revitalization, the guidelines for preferential tax policies to support rural revitalization combed and formed 109 preferential tax policies for Rural Revitalization from six aspects: supporting rural infrastructure construction, promoting the development of rural characteristic industries and promoting regional coordinated development.
The above four guidelines can be queried on the website of the State Administration of taxation. Taxpayers and payers can find their own preferential policies according to the guidelines and fully enjoy the policy dividends in time. The State Administration of Taxation said: the tax department will continue to thoroughly implement the opinions on further deepening the reform of tax collection and management issued by the central office and the State Council office, constantly improve the implementation of tax policies, constantly innovate tax service measures for the convenience of the people, accurately push tax preferential policies, continue to optimize the tax business environment, and further cultivate and stimulate the vitality of market players.
