VAT Reform Benefits Tire Companies
On March 28, Premier Li Keqiang presided over an executive meeting of the State Council, which confirmed measures to deepen VAT reform, to be implemented from May 1. Tire World learned that the purpose of this tax reform is to support the development of the real economy such as manufacturing and small and micro enterprises, with three key points. First, the VAT rate for manufacturing and other industries will be reduced from 17% to 16%. The VAT rate for transportation, construction, basic telecommunications services, and agricultural products will be reduced from 11% to 10%. It is expected to reduce taxes by 240 billion yuan annually. Second, unify the small-scale VAT taxpayer...
3月28日，国务院总理李克强主持召开国务院常务会议，确定深化增值税改革措施，这些措施将从从5月1日起正式实施。 轮胎世界网了解到，此次税改的目的，在于支持制造业、小微企业等实体经济发展，其重点共有3项。 第一，制造业等行业增值税税率，从17%降至16%。 交通运输、建筑、基础电信服务等行业，以及农产品等货物的增值税税率，从11%降至10%。 预计全年可减税2400亿元。 第二，统一增值税小规模纳税人标准。 将工业企业和商业企业小规模纳税人的年销售额标准，由50万元和80万元上调至500万元。
*本文来源：轮胎世界网。仅供行业信息参考。