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    Home > Active Ingredient News > Feed Industry News > The State Council will reform the export tax rebate, reducing it by an average of 3 percentage points

    The State Council will reform the export tax rebate, reducing it by an average of 3 percentage points

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: the export tax rebate rate will be 17%, 13%, 11%, 8% and 5% from next year The average level will be reduced by about 3% for 62H In order to earnestly implement the spirit of the 16th National Congress of the Communist Party of China, promote the reform of the foreign trade system and maintain the sustained and healthy development of foreign trade and economy, the State Council issued a decision on the reform of the current export tax rebate mechanism on the 13th, Reform the current export tax rebate mechanism 62H decided to emphasize that, in accordance with the principle of "new accounts should not be owed, old accounts should be returned, mechanisms should be improved, shared burdens should be shared, reform should be promoted, and development should be promoted", the central finance should be responsible for the repayment of the tax owed and refunded in the history, so as to ensure that no new debts will occur after the reform, and at the same time, a new mechanism of export tax refund should be established, which should be jointly undertaken by the central government and local governments, so as to promote the deepening reform of the foreign trade system, optimize the structure of export products, We will promote the sustained and sound development of foreign trade and the economy 62H decided to clarify the specific content of the reform 62H one is to appropriately reduce the export tax rebate rate In line with the principle of "moderate, safe and feasible", the tax rebate rate shall be adjusted according to different products: no or less reduction of export products encouraged by the state, appropriate reduction of general export products, more reduction or cancellation of tax rebate for export products restricted by the state and some resource products The second is to increase the central government's support for export tax rebate Since 2003, the central import value-added tax and consumption tax revenue increment will be used for export tax refund first 62H 3 is to establish a new mechanism for the central and local governments to share the burden of export tax rebate Since 2004, the central and local governments have jointly borne the refundable tax of the part exceeding the base based on the actual refundable index of export tax rebate in 2003 The fourth is to promote the reform of foreign trade system and adjust the structure of export products By improving the legal guarantee mechanism, we will accelerate the self export of production enterprises, actively guide the development of foreign trade export agency system, reduce export costs, and further enhance the international competitiveness of China's commodities At the same time, we should adjust the export tax rebate rate, promote the optimization of export product structure, and improve the overall export efficiency 62H five is the accumulated tax refund owed by the central financial burden All the export tax refunds owed to enterprises by the end of 2003 and the local fiscal revenues affected by the value-added tax sharing system shall be borne by the central government Among them, for the export tax refund owed to enterprises, the central finance has taken full discount interest and other measures to solve it since 2004 The head of the Ministry of finance, the Ministry of Commerce and the State Administration of Taxation said yesterday in response to a reporter's question that the adjusted export tax rebate rate is 17%, 13%, 11%, 8% and 5%, which will be implemented from January 1, 2004 According to the current export structure, the average level of export tax rebate rate will be reduced by about 3 percentage points 62H
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