China Will Expand The Scope Of Structural Tax Reduction &Nbsp, And Clarify The Relevant Road Map.

The central economic work conference, which has just concluded, put forward that we should continue to improve the structure in 2012.

As an important part of improving the structural tax cuts next year, Xie Xuren pointed out that in 2012, China will reduce tariffs on some imports and increase imports of energy and resources products, advanced equipment and key components.

The Ministry of Finance announced in mid this month that it will import and export to China from January 1, 2012.

Experts said that in the context of slowing global economic growth and reducing imports in some countries, China's expansion of import tax cuts will help promote industrial restructuring and expand consumption.

Small and micro enterprises get the burden again

Facing the complex domestic and international economic situation, how to reduce the burden of small and micro enterprises has always been a hot topic of social concern.

Xie Xuren pointed out that next year will continue to implement value-added tax increase.

In addition, he stressed that next year, other tax and fee waiver policies should be implemented, and unreasonable and illegitimate charges related to enterprises should be abolished.

Business tax to levy VAT steadily expand

From January 1, 2012, China will launch a pilot scheme of value-added tax on business tax in Shanghai's pportation industry and some modern service industries.

This reform helps to eliminate duplication of taxes and reduce corporate tax burden.

For this reform pilot, Xie Xuren said at the meeting that the pilot reform of business tax to VAT in some producer services areas is an important measure for China to improve the value-added tax system. China will gradually solve the problem of incompatibility between the tax policy of goods and services from the system.

He stressed that in the pportation and some modern service industries in Shanghai, the pilot scale of business tax to VAT will be expanded, and the pilot area will be steadily expanded to promote the development of the service industry, especially the modern service industry.

In addition, next year, our country will expand the scope of the pilot scale of the business tax difference of logistics enterprises, and implement the policy of urban land use tax to support the land of bulk commodity storage facilities of logistics enterprises.

The wholesale and retail sales of vegetables are exempt from VAT.

The reform of resource tax and consumption tax leads to depth.

When it comes to the reform of the tax system next year, Xie Xuren pointed out that in addition to improving the value-added tax system, we will also push forward a number of tax system reforms, such as resource tax and consumption tax, to further develop in the next year.

Xie Xuren said that next year, China will comprehensively promote resource tax reform, expand the scope of ad valorem levy in a timely manner, and promote resource conservation and environmental protection.

Conscientiously sum up the experience of real estate tax reform pilot, and steadily promote the pilot reform of property tax.

As an important measure to expand domestic demand, China will further improve the consumption tax system next year, rationally adjust the scope of consumption tax and the structure of tax rates, promote energy conservation and emission reduction and guide rational consumption.

In addition, he pointed out that next year, we should further promote the reform of urban maintenance and construction tax, study and formulate the reform plan of environmental protection tax and fee, and continue to clean up the integration of administrative and public funds and government funds in accordance with the principles of tax collection, classification and standardization.