Two departments interpret the burden reduction of small and micro enterprises

The Ministry of Finance and the State Administration of Taxation announced on the 8th that from January 1 this year to December 31, 2016, the upper limit of the scope of small and micro enterprises that can enjoy half of the corporate income tax discount will be reduced from the annual taxable income. 60,000 yuan to 100,000 yuan. How do you view the expansion of this preferential policy? Why is the upper limit of the discount range set at 100,000 yuan? How is the deadline for preferential policies determined? In response to the hot issues of social concern, the relevant persons in charge of the Taxation Department of the Ministry of Finance and the Income Tax Department of the State Administration of Taxation made interpretations.

1. Q: The preferential policies for small and micro enterprises are introduced this time What is the main content?

Answer: The preferential policies introduced this time, starting from January 1, 2014, will reduce the range of small and low-profit enterprises that will enjoy the preferential policy of levying corporate income tax by half from an annual taxable income of less than 60,000 yuan (including 60,000 yuan). Yuan) is expanded to an annual taxable income of less than 100,000 yuan (including 100,000 yuan), and the implementation period ends on December 31, 2016, that is: from January 1, 2014 to December 31, 2016, for the year For small and low-profit enterprises with taxable income less than 100,000 yuan (including 100,000 yuan), their income shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%.

2. Q: Why should we expand the implementation scope of the preferential policy of halving corporate income tax for small and low-profit enterprises?

Answer: SMEs are an important force in promoting the development of the national economy and promoting market prosperity. In order to support the development of small and medium-sized enterprises, especially small and micro enterprises, in recent years, the state has successively issued a series of preferential tax policies, including:

——To give qualified small and low-profit enterprises a 20% reduction in corporate income tax ;

——On the basis of paying corporate income tax at a reduced rate of 20% for small and low-profit enterprises with an annual taxable income of less than 60,000 yuan (including 60,000 yuan), their income will be included in taxable income at a reduced rate of 50% Income;

——On the basis of the comprehensive implementation of VAT transformation reform, reduce the collection rate of small-scale VAT taxpayers (from 6% and 4% to 3%);

——Unify and merge Raised the threshold for value-added tax and business tax (up to 20,000 yuan);

—Implemented the pre-tax deduction policy for loan loss reserves for small and medium-sized enterprises in financial enterprises and the preferential business tax policy for eligible rural financial institutions;

——Exempted from the stamp duty on loans of financial institutions to small and micro enterprises;

——Included the eligible national public technical service demonstration platform for small and medium-sized enterprises into the scope of the current preferential tax policies for import of scientific and technological development supplies, etc., effectively reducing the The tax burden of small and medium-sized enterprises has promoted the development of small and medium-sized enterprises.

Premier Li Keqiang proposed in the 2014 government work report to "further expand the scope of tax incentives for small and micro enterprises and reduce the burden on enterprises". At present, the economic environment at home and abroad is still very complicated. In order to maintain the stable and rapid development of my country's economy, it is necessary to further increase the tax support for small and low-profit enterprises while continuing to implement the current preferential tax policies for small and medium-sized enterprises, so as to give full play to the small and medium-sized enterprises. Low-profit enterprises play an active role in promoting economic development and social employment.

3. Q: Why is the scope of preferential treatment selected for small and low-profit enterprises with annual taxable income less than 100,000 yuan (inclusive)?

Answer: First of all, the standard for the definition of small and low-profit enterprises is determined when domestic and foreign-funded enterprises "merge the two laws". This standard draws on international experience and studies with relevant departments and experts, and also takes into account factors such as national tax revenue and corporate interests. The preferential policies introduced this time are based on this standard, which can better reflect the policy orientation of further increasing support for small and micro enterprises.

Secondly, the Enterprise Income Tax Law and its implementing regulations have clearly stipulated the standards for small and low-profit enterprises. The tax collection and management authorities at all levels only need to define small and low-profit enterprises that meet the conditions according to the annual taxable income of the enterprise. That's it. In this way, the preferential policy does not need to formulate new identification standards, which is convenient for the grass-roots tax authorities to operate.

In addition, the current preferential policy of halving corporate income tax for small and low-profit enterprises with an annual taxable income of less than 60,000 yuan (inclusive) has played a positive role in promoting the development of small and low-profit enterprises. Considering that the current economic environment at home and abroad is relatively complex, and the difficulties faced by small and micro enterprises are also relatively large, further policy support from the state is needed. Therefore, expanding the scope of preferential treatment to small and low-profit enterprises with an annual taxable income of less than 100,000 yuan (inclusive) reflects the state's spirit of continuing to increase support for small and medium-sized enterprises, and further reduces the tax burden of small and micro enterprises.

4. Q: It is already April 2014, will it affect the implementation of the preferential policy from January 1, 2014?

Answer: According to the "Enterprise Income Tax Law of the People's Republic of China" (hereinafter referred to as the Enterprise Income Tax Law), the enterprise income tax is collected and managed by annual calculation, monthly or quarterly prepayment, and year-end final settlement. The corporate income tax for 2014 will be settled and settled before the end of May 2015, and the payable and refundable tax will be settled. Therefore, although the introduction of this preferential policy has reached April 2014, it does not affect the eligible enterprises to enjoy the preferential policy from January 1, 2014.

5. Q: How is the deadline for preferential policies determined?

Answer: Before the introduction of the preferential policy of halving the enterprise income tax for small and low-profit enterprises with an annual taxable income of less than 60,000 yuan (inclusive), the state has issued the preferential policy of reducing the enterprise income tax by half for small and low-profit enterprises twice in a row. Both are one year, and the discount period is shorter. Therefore, the current implementation period of the preferential policy of halving corporate income tax is four years, from January 1, 2012 to December 31, 2015. The preferential policy to further increase support for small and micro enterprises will appropriately extend the implementation period from January 1, 2014 to December 31, 2016.