What new tax-related regulations will be formally implemented from 1?

On June 65438+1 October1,the new tax-related regulations officially implemented include: anticancer drugs, raw materials for rare diseases, food for special children, etc. The pre-tax deduction of advertising fees and business promotion fees is clear; The three departments issued a document to continue the enterprise income tax policy for the development of the western region and so on.

1, involving anticancer drugs, raw materials for rare diseases, foods needed by special children, etc.

The State Council Customs Tariff Commission issued the Notice on 202 1 Tariff Adjustment Scheme. It is clear in the notice that starting from 202 1 1 1, China will impose a provisional import tariff rate lower than the most-favored-nation tariff rate on 883 commodities. Among them, in order to reduce the economic burden of patients and improve people's quality of life, anticancer drugs and the second batch of raw materials for rare diseases, food for special children, etc. We will implement zero tariffs and reduce import tariffs on medical devices such as artificial heart valves and hearing AIDS, as well as raw materials for infant milk powder such as whey protein powder and lactoferrin.

2. The pre-tax deduction of advertising fees and business promotion fees is clear.

Announcement of the Ministry of Finance and State Taxation Administration of The People's Republic of China on Relevant Matters Concerning Pre-tax Deduction of Advertising Fees and Business Publicity Fees

(Announcement No.43 of the Ministry of Finance and State Taxation Administration of The People's Republic of China, 2020) It is clear that the advertising expenses and business promotion expenses incurred by cosmetics manufacturing or sales, pharmaceutical manufacturing and beverage manufacturing (excluding alcohol manufacturing) do not exceed 30% of the sales (business) income of the year, and are allowed to be deducted; The excess shall be allowed to be carried forward and deducted in future tax years. The announcement will be implemented from 202 1 1 October1to February 20251.

3. The three departments issued a document to continue the enterprise income tax policy for the development of the western region.

Announcement of the Ministry of Finance, National Development and Reform Commission and State Taxation Administration of The People's Republic of China on Continuing to Implement the Enterprise Income Tax Policy for the Development of the Western Region

(Announcement No.23 of the National Development and Reform Commission of the Ministry of Finance and State Taxation Administration of The People's Republic of China, 2020) It is clear that from 200211to 20301February 3 1, enterprise income tax will be levied on encouraged industrial enterprises located in the western region at a reduced rate of 15%. The announcement will be implemented as of 20211.

4. The exemption of new energy vehicles from vehicle purchase tax will be extended to the end of 2022.

Announcement of the Ministry of Finance and the Ministry of Industry and Information Technology of State Taxation Administration of The People's Republic of China on the relevant policies for exempting new energy vehicles from vehicle purchase tax

(AnnouncementNo. State Taxation Administration of The People's Republic of China, Ministry of Industry and Information Technology, Ministry of Finance, February 2020 1) It is clear that from 20021,1to 20221,3 1, new energy vehicles purchased will be exempted from vehicle purchase tax. New energy vehicles exempted from vehicle purchase tax are managed through the Catalogue of New Energy Vehicles Exempted from Vehicle Purchase Tax issued by the Ministry of Industry and Information Technology and the State Administration of Taxation.

5. Non-transport vehicles with fixed devices are exempt from vehicle purchase tax.

Announcement of the Ministry of Finance and the Ministry of Industry and Information Technology of State Taxation Administration of The People's Republic of China on the Policy of Exempting Vehicle Purchase Tax from Fixed Installation Non-transport Special Work Vehicles

(Announcement No.35, Ministry of Industry and Information Technology, Ministry of Finance, State Taxation Administration of The People's Republic of China, 2020) It is clear that starting from 202 1 1, China will implement a new management mechanism for non-transport special-purpose working vehicles with fixed devices exempted from vehicle purchase tax, from the previous "tax-free atlas" management to the publication of "catalogue of non-transport special-purpose working vehicles with fixed devices exempted from vehicle purchase tax".

6. Non-transport special operations vehicles with fixed devices are exempt from vehicle purchase tax.

The Announcement of the Ministry of Industry and Information Technology of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Relevant Management Matters Concerning Exemption of Vehicle Purchase Tax for Fixed Installation Non-transport Special Work Vehicles (Announcement No.20 of the Ministry of Industry and Information Technology of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC), 2020) clarifies how to handle the tax exemption procedures for special vehicles and how the applicant can dock the tax-free atlas with the catalogue. The announcement shall take effect from 202 1 1 1, and the execution time shall be subject to the date of issuance of the vehicle-related price certificate or the effective date of other valid certificates.

7, the "tax related professional service institutions credit integral index system and integral rules" revision

Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Revision

(People's Republic of China (PRC) State Taxation Administration of The People's Republic of China AnnouncementNo.) 1 7,2020) It is clear that State Taxation Administration of The People's Republic of China has revised the credit score index system and rules of tax-related professional service institutions, which will be implemented on June120265438. The new regulations mainly optimize and improve the credit index system of tax-related professional service institutions, and revise eight secondary indicators in the Credit Scoring Index System and Rules of Tax-related Professional Service Institutions.

8. The way of withholding and remitting personal income tax has changed greatly.

Announcement of State Taxation Administration of The People's Republic of China on Further Simplifying and Optimizing the Ways of Personal Income Tax Withholding and Paying for Some Taxpayers.

(People's Republic of China (PRC) State Taxation Administration of The People's Republic of China AnnouncementNo. 19, 2020) It is clear that personal income tax will not be withheld in the month when the taxpayer's accumulated income does not exceed 60,000 yuan; Personal income tax shall be withheld and remitted in the month when the accumulated income exceeds 60,000 yuan and in the months of the following years. The Announcement shall come into force on the date of 20211.

9, the government non tax revenue project management responsibilities handed over to the tax department.

Announcement of State Taxation Administration of The People's Republic of China on Matters Related to the Transfer of Responsibility for Collection and Management of Government Non-tax Revenue Projects, such as Compensation for Soil and Water Conservation.

(People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.2 1, 2020) It is clear that from 2002 1,1,the compensation fee for soil and water conservation, the post-resettlement support fund for local reservoirs, the income from the transfer of emission rights and the relocation construction fee for air defense basements will be transferred to the tax authorities. The scope of collection, collection objects, collection standards and other policies are still implemented according to the existing regulations.