What is the policy of tax reduction and exemption?

The contents of the tax reduction and fee reduction policy are as follows:

1. Implement inclusive tax relief for small and micro enterprises;

2. Raise the threshold for small-scale taxpayers of value-added tax. First, relax the criteria for identifying small and micro enterprises and increase preferential treatment;

3. For the part of local tax paid by small-scale taxpayers, a fee reduction policy can be implemented;

4. Expand the scope of application of relevant preferential policies for start-up technology-based enterprises. For venture capital enterprises and angel investors who invest in start-up technology-based enterprises, the taxable income can be deducted by 70% of the investment.

Under the general trend of the combination of industry and finance, it is inevitable that the traditional tax inspection mode will turn to intelligent tax inspection. Enterprises should first use the wisdom of the masses, closely follow the tax policy, realize tax reduction and fee reduction, and enjoy it. Ciic Yunqing is an intelligent tax law query application and push system, including 170000+ tax laws and policies. All documents are extracted instantly, which saves many problems such as continuous cutting of multiple pages, messy documents, broken information and so on, and improves work efficiency in a straight line. Strengthen the "hematopoietic" function of local finance and create an environment of initiative, competitive development and hard struggle.

The impact of tax reduction and fee reduction on small and micro enterprises is as follows:

1. First, reduce the tax burden of SMEs. We will continue to reduce taxes and fees, and all domestic value-added tax and corporate income tax for small and micro enterprises in manufacturing will be deferred, while medium-sized enterprises in manufacturing will be deferred by 50%. Extend the implementation of phased reduction of unemployment insurance and industrial injury insurance rates;

2. The second is to alleviate the problem of financing difficulties and expensive financing for SMEs. In 20021year, the central government arranged 3 billion yuan of bonus funds to support the expansion of the financing guarantee scale of small and micro enterprises and reduce the guarantee rate, and reduced the guarantee fee for market financing entities for the whole year 10 billion yuan;

3. The third is to support the "professional innovation" high-quality action. 20 18-2022, the central government will allocate about 9 billion yuan to promote the innovation and upgrading of small and medium-sized enterprises.

To sum up, the tax reduction and fee reduction policy is mainly used to reduce taxes and fees, further reduce the burden on enterprises and promote the transformation and upgrading of economic structure.

Legal basis:

"People's Republic of China (PRC) tax collection and management law" third.

The collection and suspension of tax, as well as the reduction, exemption, refund and overdue tax, shall be implemented in accordance with the provisions of the law; Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.

No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.