Combined tax refund and tax reduction policy

1. Positive answer

The existing tax credits for small and micro enterprises will be refunded in full before the end of June, and the incremental tax credits will be refunded in full. The scope of the policy for full monthly refund of incremental value-added tax credits for advanced manufacturing industries will be extended to six major industries and eligible small and micro enterprises.

2. Analysis details

Taxpayers for combined tax refunds must meet the following conditions at the same time: the tax credit rating is A or B. There has been no fraudulent use of retained tax refunds, export tax refunds or false issuance of special value-added tax invoices in the 36 months before applying for a tax refund. Have not been punished by the tax authorities twice or more for tax evasion in the 36 months before applying for tax refund. Starting from April 1, 2019, those who have not enjoyed the policy of “levy and then return” and “collect first and then return” (refund) policy.

3. What are the characteristics of combined taxes and fees?

1. Highlight the scale, and policy arrangements exceed expectations;

2. Highlight continuity, focus on key points to promote development;

3. Highlight precision, help Relief enterprises and increase their vitality;

4. Highlight the direction and stimulate innovation and strong momentum.