What are the latest Xinjiang preferential tax policies in 2016?

The latest Xinjiang preferential tax policies in 2016:

1. Preferential tax policies for equity investment enterprises

From January 1, 2011 to December 2020 On the 31st, enterprises in encouraged industries located in the western region will be levied a reduced corporate income tax rate of 15%. For corporate equity investment enterprises that comply with the Western Development Policy, while implementing an income tax rate of 15%, the autonomous region’s local share will be halved; those that do not enjoy the Western Development Policy will be exempted from 70% of the autonomous region’s local share of corporate income tax. If the partners of a partnership equity investment enterprise are natural persons, a 20% personal tax policy is applicable to the investment income of the partners, and the autonomous region will reward them based on 50% of their contribution to local finance. Business tax is not levied on the equity investment income and equity transfer income obtained by equity investment enterprises, as well as the equity transfer by partners.

Legal basis: Western Development Policy "Interim Measures for Promoting the Development of Equity Investment Enterprises in the Xinjiang Uygur Autonomous Region" (Xin Zheng Ban Fa [2010] No. 187)

2. Export production enterprises Preferential tax policies

From 2011 to 2020, exports to newly established enterprises accounted for more than 50% of total sales (inclusive of 50%, the same below), and exports to existing enterprises accounted for more than 70% of total sales. (Inclusive of 70%, the same below) export production enterprises are exempted from the local share of corporate income tax, but the cumulative enjoyment does not exceed 5 years.

1. Exemption of local share of corporate income tax

2. Exemption of self-use property tax

3. Exemption of urban land use tax on self-use land

4. Export production enterprises newly established in difficult areas of the autonomous region and falling within the catalog of encouraged development industries of the autonomous region will enjoy the policy of “two exemptions and three half reductions” of corporate income tax. At the same time, if the proportion of exports to total sales exceeds 50% of export production enterprises will be exempted from the local share during the halved tax period.

5. For export manufacturing enterprises that belong to the catalog of industries encouraged for the development of the western region of the country and enjoy preferential tax policies for high-tech enterprises, the proportion of exports to new enterprises accounting for more than 50% of total sales, and existing enterprises Export manufacturing enterprises whose exports account for more than 70% of total sales are exempt from the local share of corporate income tax on the basis of enjoying preferential corporate income tax rates.

Legal basis: "Notice of the People's Government of the Autonomous Region on Tax Policies to Promote the Development of Export Manufacturing Enterprises in our Region" (Xinzhengfa [2011] No. 117)

3. Middle and lower enterprises Preferential tax policies

1. From 2010 to 2020, newly established encouraged small and medium-sized enterprises in difficult areas and national parks in Xinjiang will be entitled to corporate income tax starting from the tax year in which they obtain their first production and operation income. "Two free, three half off" discount. Encouraged small and medium-sized enterprises newly established in aid-recipient areas will enjoy the "two-year exemption and three-year half reduction" preferential treatment for the local share of corporate income tax in the autonomous region. New encouraged small and medium-sized enterprises in the three prefectures in southern Xinjiang will enjoy the preferential policy of halving the local share of corporate income tax for five years.

2. When small and medium-sized enterprises invest in nationally encouraged projects, in addition to the commodities listed in the "Catalogue of Imported Commodities Not Exempted from Duty Free for Domestic Investment Projects", the required imported self-use equipment as well as the technology and equipment imported with the equipment in accordance with the contract Accessories and spare parts are exempt from import duties.

3. Implement preferential employment policies for college students. For Xinjiang college and technical secondary school graduates who start their own businesses or find employment in small businesses, the preferential re-employment policies for laid-off workers will be implemented accordingly. Fourth, small loan companies, financing guarantee companies, re-guarantee companies, equity custody centers, and small and medium-sized venture capital companies, equity investment companies, and equity investment management companies enjoy corporate income tax starting from the tax year in which the first production and operation income is obtained. Two years free, three years half off” preferential policy.

Legal basis: "Implementation Opinions of the Autonomous Region Finance Department on Promoting the Development of Small and Medium-sized Enterprises" (Xinzhengfa [2010] No. 92)

IV. Taxation of (foreign-invested) enterprises outside the region Preferential policies

Income from technology transfer by investment enterprises outside the zone in our zone is exempt from business tax, and enterprises are exempted from technology transfer and technical training, technical services, technical consulting and other technical income related to technology transfer. Income Tax.

For those who invest in returning farmland to ecological forests and grasses to protect the ecological environment, the income from agricultural specialty products will be exempted from agricultural specialty taxes for twenty years.

Domestic-funded enterprises that invest in agricultural industrialization operations, leading enterprises that process and sell agricultural products specified by the state, are levied a value-added tax rate of 13%, and the excess will be subsidized by the finance; sales of self-produced agricultural products in the autonomous region Primary processed products of self-produced agricultural products sold within the country are exempt from value-added tax. Those who establish animal husbandry projects will be exempted from animal husbandry tax and grassland use fees for five years starting from the benefit year. Foreign-invested enterprises engaged in agricultural production are exempt from agricultural tax for five years.

Foreign-invested enterprises that export products, after the expiration of the period for reducing corporate income tax, if the export output value of the product in the current year reaches more than 50% of the product output value in the current year, the corporate income tax can be levied at a half rate according to the tax law. ;Product export enterprises that have been levied a corporate income tax at a reduced rate of 15% will be levied a corporate income tax at a 10% rate.

Foreign-invested enterprises investing in ecological environment construction, science and technology education and tourism will be exempted from urban real estate tax for ten years.

Foreign-invested enterprises that own self-use properties are exempted from urban real estate tax for five years starting from the month of production and operation, and the urban real estate tax is halved from the sixth to the tenth year. For foreign-invested enterprises engaged in real estate development and operation, the collection of land value-added tax will be suspended for the first five years of the development and operation period starting from the month when the property is completed and put into operation.

For projects in key industries where foreign investment is encouraged, if the actual investment amount is more than US$5 million, a financial subsidy of no more than 10% of the value-added tax paid by the enterprise can be enjoyed within five years from the date of production and operation. .

Foreign-invested enterprises will be exempted from vehicle and vessel license tax and slaughter tax for ten years starting from the month they receive their industrial and commercial business licenses.

Legal basis: "Implementation Opinions of the Xinjiang Uygur Autonomous Region on Issues Concerning the Preferential Tax Policies for the Development of the Western Region" (Xinzhengfa [2002] No. 29)

5. Taxation on land used for road construction Preferential policies

In addition to the exemption of farmland occupation tax for national and provincial highways in the region, farmland occupation tax is also exempted for road construction land that meets grade requirements. Whether the land used for highway construction other than national highways, provincial highways and grade roads is exempt from farmland occupation tax shall be submitted to the financial department at the same level by the relevant departments, which will be reviewed by the financial department of the autonomous region and then reported to the People's Government of the autonomous region for decision. The specific scope of construction land that enjoys exemption from farmland occupation tax is limited to the farmland occupied by highway lines and ditches on both sides of the highway lines. The farmland occupied by storage yards, road maintenance teams, inspection stations, engineering teams, car washes, etc. along the highway are not exempt from tax exemption. among the list.

Legal basis: "Implementation Opinions of the Xinjiang Uygur Autonomous Region on Issues Concerning the Preferential Tax Policies for the Development of the Western Region" (Xinzhengfa [2002] No. 29)

Preferential policies for special areas:< /p>

Kashgar, Horgos

Specific content: From 2010 to 2020, newly established enterprises in the economic development zone that fall within the catalog of key encouraged development industries will be granted self-employment The five-year exemption from corporate income tax starting from the tax year in which the first production and operation income belongs, the specific catalog will be studied and formulated by the Ministry of Finance and the State Administration of Taxation in conjunction with relevant departments. Qualified enterprises in the processing and transformation of agricultural and sideline products and labor-intensive industries will be given special price policy support in aspects such as electricity and transportation. Specific measures will be studied and formulated by the National Development and Reform Commission and relevant departments.

Legal basis: "Several Opinions of the State Council on Supporting the Construction of the Kashgar Horgos Economic Development Zone" (Guofa [2011] No. 33) "The Ministry of Finance and the State Administration of Taxation's Notice on the Two Kashgar Horgos Economic Development Zones in Xinjiang" Notice on Preferential Corporate Income Tax Policies for a Special Economic Development Zone (Caishui [2011] No. 112) and "Opinions on the Trial Implementation of Special Mechanisms and Special Policies in the Kashgar Horgos Economic Development Zone" (New Party Banfa [2014] No. 10)

Kashgar

Specific content: For corporate equity investment enterprises that meet the conditions for venture capital enterprises, (Finance and Taxation [2011] No. 112) applies; if they do not meet the conditions, but the company’s equity is 70 If more than % is held by natural persons and the natural persons promise to pay taxes in the park, they will enjoy the preferential corporate income tax policy of "two exemptions and three halvings"; if the above two conditions are not met, an income tax rate of 15% will apply, and the local share will be halved. Collection. Shareholders who pay taxes in the park will be rewarded with 50% of the actual local tax payment. Business tax or value-added tax paid by partnership equity investment enterprises will be rewarded with 50% of the actual local tax payment; natural person partners will be rewarded. Investment income is subject to a personal income tax of 20%. After shareholders pay the tax, they will be rewarded with 50% of the local retained earnings.

Legal basis: "About the Issuance of Several Policies for Promoting the Development of Some Industries in the Kashgar Economic Development Zone." Opinions (Trial Implementation)>Notice" (Kaijing Development [2014] No. 4)

Difficult areas in Xinjiang

Specific content: 1. January 1, 2010 to 2020 On December 31, for newly established enterprises in difficult areas in Xinjiang that fall within the scope of the "Catalogue of Enterprise Income Tax Preferences for Key Encouraged Industries in Xinjiang Difficult Areas" (hereinafter referred to as the "Catalogue"), the tax year in which the first production and operation income is obtained shall be From the first to the second year, if the operating income accounts for more than 70% of the total enterprise income, the corporate income tax will be exempted from the first to the second year, and the corporate income tax will be halved from the third to the fifth year.

Difficult areas in Xinjiang include The three prefectures in southern Xinjiang, other national key counties for poverty alleviation and development, and border counties and cities

Enterprises within the scope of the "Catalogue" refer to the industrial projects specified in the "Catalog" as their main business. Enterprises whose operating income accounts for more than 70% of the total enterprise income

The first production and operating income refers to the first income obtained after the key encouraged development industrial projects in Xinjiang's difficult areas have been completed and put into operation. .

Enterprises that enjoy the regular corporate income tax reduction and exemption policy in accordance with the provisions of this notice will be taxed at a reduced rate of 50% of the tax payable calculated at the statutory corporate income tax rate of 25% during the halving period.

Legal basis: "Notice on Preferential Income Tax Policies for New Enterprises in Difficult Areas in Xinjiang" (Finance and Taxation [2011] No. 53) "Xinjiang Uygur Autonomous Region Finance Department Autonomous Region Development and Reform Commission Autonomous Region Economic and Information Technology Commission Autonomous Region Notice of the State Administration of Taxation and the Local Taxation Bureau of the Autonomous Region on Issues Concerning the Implementation of the Preferential Income Tax Policy of "Two Exemptions and Three Half Reductions" for New Enterprises in the Central Xinjiang Difficult Areas"