Tax refund and tax reduction policy

1. Applicable objects include qualified small and micro enterprises (including individual industrial and commercial households) as well as "manufacturing industry", "scientific research and technical service industry" and "electricity, heat, gas and water production and supply industry" Software and information technology service industry, "ecological protection and environmental management industry" and "transportation, warehousing and postal industry" (hereinafter referred to as "manufacturing and other industries") enterprises (including individual industrial and commercial households) and "wholesale and retail industry" Agriculture, forestry, animal husbandry and fishery", "accommodation and catering industry", "resident services, repairs and other service industries", "education", "health and social work" and "culture, sports and entertainment industry" (hereinafter referred to as "wholesale and retail industry, etc." Industry") enterprises (including individual industrial and commercial households).

2. Policy content (1) Qualified small and micro enterprises can apply to the competent tax authorities for a refund of the incremental excess tax credit starting from the tax declaration period in April 2022. (2) Qualified micro-enterprises can apply to the competent tax authorities for a one-time refund of the existing tax credits starting from the tax declaration period in April 2022; qualified small enterprises can apply to the competent tax authorities starting from the tax declaration period in May 2022. The tax authorities apply for a one-time refund of the existing tax credits. (3) Qualified enterprises in manufacturing and other industries can apply to the competent tax authorities for a refund of the incremental excess tax credit starting from the tax declaration period in April 2022. (4) Qualified medium-sized enterprises in manufacturing and other industries can apply to the competent tax authorities for a one-time refund of the remaining tax credits starting from the tax declaration period in May 2022; qualified large-scale enterprises in manufacturing and other industries can apply from 2022 Apply to the competent tax authorities for a one-time refund of the existing tax credits starting from the tax declaration period in June. (5) Qualified enterprises in wholesale and retail industries and other industries can apply to the competent tax authorities for a refund of the incremental excess tax credit starting from the tax declaration period in July 2022. (6) Qualified enterprises in wholesale and retail industries and other industries can apply to the competent tax authorities for a one-time refund of the existing tax credits starting from the tax declaration period in July 2022.

3. Operational procedures (1) Ways to enjoy Taxpayers applying for a refund of excess tax credits should submit the "Tax Refund (Credit) Application Form". (2) Processing channels can be processed through tax service offices (venues) and electronic tax bureaus. The specific location and website address can be found in the "Tax Service" column of the tax bureau website of the province (autonomous region, municipality directly under the Central Government and city under separate state planning). (3) Declaration requirements 1. Taxpayers should apply for excess tax refund after completing the current VAT return during the tax declaration period. The application time for excess tax refund from April to July 2022 will be extended to the last working day of each month. 2. Taxpayers who export goods and services or engage in cross-border taxable activities and are subject to the tax exemption, credit and refund method can apply for tax exemption, credit and refund and apply for tax credit refund within the same reporting period. 3. Taxpayers applying for tax exemptions, offsets and refunds shall apply for tax exemptions, offsets and refunds on schedule if exports of goods, services and cross-border taxable activities are subject to the tax exemption, offset and refund methods. If the export sales that can be declared for tax exemption, credit and refund in the current period are zero, a zero tax exemption, credit and refund declaration should be made. 4. If a taxpayer not only applies for tax exemption, credit and refund but also applies for refund of retained tax, the tax authorities should first apply for tax exemption, credit and refund. After handling the tax exemption, credit and refund, if the taxpayer still meets the conditions for the tax credit refund, he or she can apply for the tax credit refund again. 5. During the period when a taxpayer is handling the refund of excess tax credits, if the amount of tax credits at the end of the period changes due to reasons such as tax declarations, audits and adjustments, etc., the amount of the tax credits at the end of the period will be calculated based on the latest "VAT Return (Applicable to General Taxpayers)" The amount of tax retained at the end of the period determines the incremental amount of tax retained that is allowed to be refunded. 6. If a taxpayer applies for tax exemption, credit and refund and applies for the refund of excess tax credit in the same reporting period, or if there is a refundable amount of tax exemption, credit and refund that has not been approved by the tax authorities when the taxpayer applies for the tax refund of excess credit, the tax refund shall be processed until the tax authorities apply. After the tax authority approves the amount of tax exemption, offset, and refund that should be refunded, the balance after deducting the amount of tax exemption, offset, and refund that should be refunded is based on the amount of retained tax at the end of the latest period of the "VAT Return (Applicable to General Taxpayers)" Determine the amount of incremental tax credits allowed to be refunded. The amount of tax exemptions, credits and refunds that should be refunded approved by the tax authorities refers to the amount of tax exemptions, credits and refunds that have been approved by the tax authorities for the current period, but the taxpayer has not yet reported the amount of tax exemptions, credits and refunds that should be refunded in column 15 of the "VAT Return (Applicable to General Taxpayers)" "Fill in the amount of tax exemption, credit and refund that should be refunded. 7. If a taxpayer has both value-added tax arrears and a period-end retained tax credit, the balance after deducting the value-added tax arrears shall be based on the closing balance of the latest value-added tax return (applicable to general taxpayers). Determine the incremental excess tax credit allowed for refund.

8. After the taxpayer has processed the VAT return and tax exemption and refund declaration, and before the tax authorities have approved the amount of tax exemption, credit and refund that should be refunded, if the tax refund for the previous period is approved, the latest issue of the "VAT Return" ( Applicable to general taxpayers)" The ending tax credit amount is the balance after deducting the tax credit refund amount approved by the tax authorities to calculate the tax exemption, credit and refund amount to be refunded and the tax exemption and credit amount for the current period. The amount of excess tax refund approved by the tax authority refers to the amount of tax credit that has been approved by the tax authority for the current period, but the taxpayer has not yet reported the amount of excess tax credit in the previous period in column 22 of the "Appendix to the Value-Added Tax Return (II) (Details of Input Tax for the Current Period)" "Tax Refund" is the tax refund amount reported. 9. In the current period when the taxpayer receives the "Tax Matters Notice" from the tax authority approving the refund of excess tax credits, the taxpayer should use the incremental excess tax credit allowed to be refunded approved by the tax authority to offset the ending tax credit amount at the end of the period, and handle the VAT return. When doing so, please fill in the "Tax Refund for the Previous Period's Inherited Tax Credit" in column 22 of the "Appendix 2) of the Value-Added Tax Return (Details of Input Tax for the Current Period)" accordingly. 10. If a taxpayer needs to apply for the return of all refunded excess tax credits in accordance with regulations, he or she can submit the "Application Form for Payment of Excess Credit Tax Refunds" through the electronic tax bureau or the tax service office. After the taxpayer has paid back all the refunded excess tax refunds, when filing a VAT return, the taxpayer will submit all the refunded tax refunds in the "Appendix 2) to the Value-Added Tax and Additional Taxes Declaration Form" (Input for the current period) Tax amount details) Fill in a negative number in the 22nd column of "Tax refund for tax credits retained in the previous period", and the input tax can continue to be deducted according to regulations.

(4) Relevant provisions 1. To apply for a tax refund on excess credit, you must meet the conditions at the same time: the tax credit rating is A or B; there has been no fraud in the tax refund on excess credit, export tax refund, or fraud in the 36 months before applying for tax refund. The situation of falsely issuing special VAT invoices; not being punished twice or more by the tax authorities for tax evasion in the 36 months before applying for tax refund; not enjoying the policy of refund after collection and refund after collection (refund after tax) starting from April 1, 2019. 2. Incremental tax credit The incremental tax credit shall be determined according to the following circumstances: Before the taxpayer obtains a one-time tax refund for the existing tax credit, the incremental tax credit shall be the new tax credit at the end of the current period compared with March 31, 2019. Increased amount of retained tax credit. After a taxpayer obtains a one-time refund for the existing retained tax credit, the incremental retained tax credit shall be the closing retained tax credit amount of the current period. 3. The amount of the remaining tax credit shall be determined based on the following circumstances: Before the taxpayer obtains a one-time refund of the tax credit for the current period, if the ending tax credit for the current period is greater than or equal to the ending tax credit as of March 31, 2019, the remaining tax credit shall be The tax amount is the ending tax credit as of March 31, 2019; if the ending tax credit of the current period is less than the ending tax credit as of March 31, 2019, the remaining tax credit is the ending tax credit of the current period. After a taxpayer obtains a one-time refund of the existing excess tax credit, the amount of the existing excess tax credit will be zero. 4. Classification standards for medium-sized enterprises, small enterprises and micro-enterprises shall be based on the "Classification Standards for Small and Medium-sized Enterprises" (Ministry of Industry and Information Technology [2011] No. 300) and the "Classification Standards for Financial Industry Enterprises" (Yinfa [2015] No. 309) ), the operating income indicators and total assets indicators are determined. The total assets indicator is determined based on the taxpayer's end-of-year value of the previous fiscal year. The operating income indicator is determined based on the taxpayer's VAT sales in the previous fiscal year; if it is less than one fiscal year, it is calculated according to the following formula: VAT sales (year) = VAT sales during the actual existence of the enterprise in the previous fiscal year/actual enterprise Number of months of existence × 12 Value-added tax sales, including tax declaration sales, audit and supplementary sales, and tax assessment adjustment sales. If the value-added tax difference tax policy applies, the sales volume after the difference will be determined. For taxpayers in industries other than those listed in Document No. 300 [2011] of the Ministry of Industry and Information Technology and the Yinfa [2015] No. 309, as well as industries listed in Document No. 300 of the Ministry of Industry and Information Technology Enterprise [2011] but which do not use operating income indicators or total assets indicators for classification For determined taxpayers, the standard for micro enterprises is that the VAT sales (annual) are less than 1 million yuan (excluding 1 million yuan); the standard for small enterprises is that the VAT sales (annual) are less than 20 million yuan (excluding 20 million yuan) ; The standard for medium-sized enterprises is that the value-added tax sales (annual) are less than 100 million yuan (excluding 100 million yuan). Enterprises other than the above-mentioned medium-sized enterprises, small enterprises and micro-enterprises are classified as large enterprises.

When the "Standard Regulations on Classification of Small and Medium Enterprises" (Ministry of Industry and Information Technology [2011] No. 300) and the "Standard Regulations on Classification of Financial Enterprises" (Yinfa [2015] No. 309) are applied in accordance with Article 6 of Announcement No. 14 of 2022, The taxpayer's industry affiliation is based on the principle of determining industry affiliation based on major economic activities in the National Economic Industry Classification. The taxpayer engaged in the business corresponding to the National Economic Industry Classification in the previous fiscal year has the highest proportion of value-added tax sales in the total value-added tax sales. Industry determined. 5. Industry standards Enterprises in manufacturing, wholesale and retail industries, etc. refer to the "manufacturing industry", "scientific research and technical service industry" and "electricity, heat, gas and water production and supply industry" in the "National Economic Industry Classification" Software and information technology service industry" "Ecological protection and environmental management industry" "Transportation, warehousing and postal industry" "Wholesale and retail industry" "Agriculture, forestry, animal husbandry and fishery" "Accommodation and catering industry" "Resident services and repairs" Taxpayers whose VAT sales corresponding to businesses such as "other service industries", "education", "health and social work" and "culture, sports and entertainment industries" account for more than 50% of the total VAT sales. The above-mentioned sales proportion is calculated and determined based on the sales volume for 12 consecutive months before the taxpayer applies for tax refund; if the operating period before applying for tax refund is less than 12 months but more than 3 months, it is calculated and determined based on the sales volume during the actual operating period. 6. The allowable refundable amount of retained tax credit is calculated and determined according to the following formula: The allowable refundable incremental retained tax credit = the incremental retained tax credit × input composition ratio x 100% The allowable refundable remaining retained tax credit = stock amount The amount of retained tax credit × input composition ratio Electronic invoices, unified tax-controlled motor vehicle sales invoices), electronic general VAT invoices for toll highway tolls, customs import VAT special payment documents, and the VAT amount indicated on the tax payment certificate account for all deducted input tax in the same period proportion. When calculating the input component proportion of the allowed refundable excess tax credit, the input tax transferred out by the taxpayer in accordance with the regulations from April 2019 to the period before applying for tax refund does not need to be deducted from the deducted value-added tax special invoice ( Including fully digital electronic invoices with the words "Special Value-Added Tax Invoice", unified tax-controlled motor vehicle sales invoices), electronic general VAT invoices for toll roads, customs import VAT special payment certificates, and tax payment certificates VAT will be deducted from the amount stated. 7. The connection between export tax refund and retained tax refund. If taxpayers export goods and services and engage in cross-border taxable activities, and the tax exemption, credit and refund method is applicable, they should first handle the tax exemption, credit and refund. After the tax exemption, credit and refund is processed, if the specified conditions are still met, you can apply for a refund of the retained tax credit; if the tax exemption and refund method is applicable, the relevant input tax amount shall not be used to refund the retained tax credit. 8. Taxpayers who have obtained the refund of excess tax credits since April 1, 2019 are not allowed to apply for the immediate refund of VAT. , the policy of collecting first and then returning (retreating). Taxpayers can pay back all the excess tax refunds they have received in one go before October 31, 2022, and then apply to enjoy the policy of VAT refund immediately after collection, or VAT refund after collection (refund) in accordance with regulations. Taxpayers who have enjoyed the VAT refund after collection and refund after collection policy since April 1, 2019, can make a one-time refund of VAT that has been refunded before October 31, 2022. After all the taxes collected first and then refunded (refunded) have been paid, the tax refund amount shall be applied for refund in accordance with the regulations. 9. Individual industrial and commercial households whose tax credit evaluation is applicable to the general tax calculation method of value-added tax can be issued from the "Announcement of the State Administration of Taxation on Further Strengthening the Implementation of the End-of-Period Value-Added Tax Excess Credit Refund Policy on Collection and Management Matters" (2022 No. 4) From that date, voluntarily apply to the competent tax authorities to participate in the evaluation with reference to the enterprise tax credit evaluation indicators and evaluation methods, and the relevant provisions of the State Administration of Taxation on tax credit management will apply during the subsequent duration. For those who have participated in the tax credit evaluation in accordance with the tax credit management measures announced by the provincial tax authorities, they can also choose to continue to use the original tax credit level, and those who meet the conditions can apply for a refund of excess tax credits. 10. Other provisions: Taxpayers can choose to apply to the competent tax authorities for a refund of excess tax credits, or they can choose to carry forward the tax deduction to the next period. Taxpayers can apply for incremental excess tax refunds and existing excess tax refunds at the same time within the specified period.

Taxpayers who also meet the relevant excess credit tax refund policies for small and micro enterprises and manufacturing and other industries can choose to apply for one of the excess credit tax refund policies.