Starting from January 1, 2015, the export tax refund rate for some products has been adjusted again. Among them, the export tax refund rate for textiles and clothing has been increased to 17%, achieving a full tax refund. Haitong Securities research report pointed out that the export tax rebate policy has been adjusted frequently since its implementation in 1985. This time, the export tax rebate rate for some textiles and clothing has been increased to 17%, which will benefit the international competitiveness of the entire textile and clothing industry.
In March 1985, the State Council officially promulgated the export tax rebate policy, which was implemented on April 1, 1985. After frequent adjustments, the export tax rebate rate for textiles and clothing has generally remained within the range of 5% to 17%.
The adjustment of the export tax rebate rate serves the country’s need to adjust the foreign trade export structure. Taking textiles and clothing as an example, in order to get rid of the drag of the Asian financial crisis in 1998, the country raised the export tax rebate rate for textiles and clothing from 6% to 11% in January 1998. %; 2005 was the golden peak of my country’s textile and apparel exports. In order to reduce the trade surplus, the country lowered the textile export tax rebate rate from 13% to 11% in 2006, and then lowered it to 5% (viscose fiber) in 2007; in 2008 Financial After the crisis broke out, the export tax rebate rate for viscose fiber was raised from 5% to 14%. The export tax rebate rate this time was increased from 16% in 2009 to 17%, mainly in response to the unfavorable environment such as the continued sluggish export of textiles and clothing in the past three years and the accelerated flow of mid- and low-end orders to Southeast Asian countries.
Textiles and clothing not only account for a high proportion of China’s total export value, but also have strong employment capabilities. According to data from the General Administration of Customs, in the first 11 months of 2014, textiles and clothing accounted for 13% of China’s total export value, but the growth rate slowed down significantly. In the first 11 months, textile and clothing exports increased by 5.3% and 6% respectively year-on-year, less than half of the same period in 2013. The State Council executive meeting held on December 31, 2014 proposed further streamlining administration and delegating powers and improving the export tax rebate mechanism. All tax refund work for production enterprises will be delegated to the county (district) where it is located for review and approval. Where conditions permit, the tax refund review and approval for foreign trade enterprises can be delegated to the same government upon approval; for enterprises with good tax credit, “refund first and then review” will be implemented, and those with poor credit will be subject to “refund first and then review”. Enterprises are subject to strict review. At the same time, various methods such as online declaration and self-service tax declaration are adopted to provide enterprises with convenience in tax refund declaration.
Ningbo: Most export commodities are adjusted upward
For “foreign trade people” in Ningbo, export tax rebates affect everyone’s nerves.
According to the “Notice on Adjusting the Export Tax Refund Rate for Some Products” issued by the Ministry of Finance and the State Administration of Taxation, starting from January 1 this year, the export tax rebate rate for some products will be adjusted. Reporters recently learned from the Ningbo Foreign Trade and Economic Cooperation Bureau that this adjustment will involve 4,327 foreign trade companies in Ningbo. It is understood that the adjustment of the export tax rebate rate in the “Notice” also includes Ningbo’s foreign trade strengths – textiles and clothing.
“Starting from January 1, 2015, the tax refund rate for some high value-added products, corn processing products, textiles and clothing and other products will begin to increase.” A relevant person from the Finance Department of Ningbo Foreign Trade and Economic Cooperation Bureau told reporters. “The increase in the export tax refund rate will help enterprises reduce export costs, increase export profitability, and enhance export competitiveness. The decrease in the export tax refund rate will have the opposite impact on enterprises.” The other party said.
Based on Ningbo’s export situation in 2013, this tax refund adjustment involves a total of 4,327 companies in Ningbo, with an export volume of US$14.063 billion. Generally speaking, the export tax rebate rate adjustment will mostly increase Ningbo’s export commodities, and the impact on Ningbo’s foreign trade exports will far outweigh the disadvantages. For example, the tax rebate rate for some textile and apparel products is increased from 16% to 17%, which is a positive factor for Ningbo’s textile and apparel products.
“The increase in the export tax refund rate will help enterprises reduce export costs, improve export profitability, and enhance export competitiveness, while the decrease in the export tax refund rate will have the opposite impact on enterprises. Generally speaking, due to this adjustment in the export tax refund rate, the city’s export commodities Most of them are raised, so its impact on our city’s foreign trade exports far outweighs the disadvantages,” explained the person above.
In fact, after the implementation of the new tax refund mechanism, it will be more convenient for Ningbo’s foreign trade enterprises to refund taxes. It is understood that the new mechanism will decentralize all tax refund work for production enterprises to the county (district) where it is located for review and approval. Tax refund review and approval for foreign trade enterprises may also be completed in county-level agencies, and it will be coordinated with online declaration, self-service tax declaration and other methods. At present, export tax rebates for manufacturing enterprises in Ningbo have been approved at the county level. In addition, the new mechanism implements classified management of tax refund companies. Companies with good tax credit can “refund first and then review”, while companies with poor credit will be strictly reviewed.
Jiaxing: Policy dividends add vitality to enterprises
The last executive meeting of the State Council in 2014 decided to further streamline administration and delegate powers, improve the export tax refund mechanism, and decentralize all tax refunds for production enterprises to the counties (districts) where they are located for review and approval. Where conditions permit, tax refunds for foreign trade enterprises can be reviewed and approved after approval. Decentralized together. The Xiuzhou District State Taxation Bureau in Jiaxing, Zhejiang Province took measures to quickly publicize the new policies to enterprises to ensure smooth connection and accurate, timely and comprehensive implementation of the policies.
According to reports, in the past, adjustments to export tax rebates mostly focused on the tax rebate rate. This time, the emphasis is on streamlining administration and delegating power, which will greatly improve the efficiency of export tax rebates and reduce the production and operation costs of enterprises. It is a new breakthrough in the reform of the export tax rebate mechanism. In fact, starting from June 1, 2014, the Jiaxing Municipal State Taxation Department has decentralized the approval authority for tax refund (exemption) for export goods. retreat(After the decentralization of tax exemption approval management authority, the grassroots tax authorities have realized the full management and service of the production and operation, tax collection, tax refund and other work of export enterprises, making it convenient for enterprises. “Enterprises can handle tax refund matters nearby, which solves the problem that export enterprises have to deal with export tax refund (exemption) business for a long time and high cost due to long distances. It has realized that export tax refund (exemption) related business can be handled locally and reduces tax payments. People have to bear the burden.” said the person in charge of the district tax bureau.
“We originally wanted to handle export tax refund business. We had to first go to the taxation management department to complete the tax registration, then go to the municipal import and export tax refund department next to the train station to apply for tax refund registration. After the goods were exported, we first went to the municipal import and export tax refund department to apply for online declaration. After activating the service, go to the taxation management department to collect export invoices, collect all the documents and apply for tax exemption, credit and refund to the municipal import and export tax refund department, and then go to the taxation management department to apply for value-added tax declaration.” According to the relevant person in charge of Xiuzhou District National Taxation According to the introduction, after the decentralization of tax refund approval authority, while simplifying the process, the bureau has further prioritized tax refund services in order to better serve enterprises, including tax refund declaration acceptance, tax refund certificate issuance and registration into the hall. In addition, guidance and training for enterprises Efforts have been intensified to conduct training for enterprises at different points and segments according to the characteristics of the region where the enterprise is located and the characteristics of its export products, and to strengthen the awareness of enterprise risk prevention. In response to the situation where there are many upgrades to the export tax rebate system and there are many problems with the operating system for corporate consultation, a QQ group for Xiuzhou export companies has been established to facilitate real-time guidance for companies, and also provides a communication platform between companies, reducing corporate declaration errors and improving improve the quality of the declaration.
As of December 31, 2014, there were 552 manufacturing enterprises in Xiuzhou District that were qualified for tax refund (exemption) on export goods, and 266 manufacturing enterprises with actual export business. Last year, a total of 3,068 tax refund (exemption) applications were accepted by export enterprises, and the tax exemption, credit and refund amount reviewed and approved was 1.531 billion yuan, an increase of 15.47% from 1.325 billion yuan in 2013. In 2014, 938 million yuan was withdrawn from the treasury, an increase of 23.74% from 758 million yuan in 2013.
Guangxi: Promote the rapid development of foreign trade
“The national tax department handles export tax rebates for our company in a timely manner, which promotes the rapid development of the company’s foreign trade, allows us to have more funds for technological transformation, and enhances the company’s innovation.” Recently, a company in Guangxi handled tax Member Huang Hui said so. In the past, applying for export tax refunds required multiple visits to the tax department. Now, the Guangxi State Taxation Department has improved the efficiency of export tax refunds by standardizing tax services, canceling some form certificates, and promoting remote declaration of tax refunds for export companies.
From January to November 2014, the Guangxi State Taxation Department handled a total of 3.626 billion yuan in export tax refunds (exemptions), a year-on-year increase of 9.04%. The growth of export tax rebates has further promoted Guangxi enterprises to go global and participate in multi-regional economic cooperation, and promoted the rapid development of foreign trade. According to customs statistics, in the first 11 months of 2014, the total import and export value of Guangxi was 220.33 billion yuan, which has exceeded the level of 203.7 billion yuan in 2013, an increase of 24.5%. The cumulative growth rate increased by 2.8 percentage points compared with the previous 10 months. .
Since 2014, the national tax system in Guangxi has effectively improved the key issues reported by taxpayers such as the cumbersome export tax rebate declaration procedures and excessive review and approval procedures. It has reformed key links in export tax rebates, reorganized and integrated work processes, and comprehensively improved exports. Tax refund efficiency. In accordance with the requirements of the “Spring Breeze Action to Facilitate Tax Service for the People”, taxpayers will be notified in a timely manner of relevant declaration documents such as the “Detailed List of Duty-Free Export Goods and Labor Services” that will be canceled by the General Administration below, and the tax report form will be effectively streamlined. Upgrade the tax refund review system, standardize the remote declaration of tax refunds for export enterprises, enable enterprises to pre-examine export tax refund data through remote declaration, prevent the occurrence of multiple pre-examinations for enterprise tax refunds, and reduce the burden on taxpayers. At the same time, we will do a good job in assisting newly established enterprises or manufacturing enterprises to export new products, increase policy publicity, send tax policies through tax enterprise mailboxes or short message platforms, and guide enterprises to handle export tax refunds in accordance with regulations to prevent tax refund risks. Strengthen cooperation with customs, foreign affairs administration, commerce and other management departments, conduct timely exchange of tax refund management information, and ensure that recognition management is in place in a timely manner.
The national taxation department has taken multiple measures to speed up the processing of export tax refunds. From January to November 2014, the Guangxi State Taxation Department handled a total of 3.626 billion yuan in export tax refunds (exemptions), a year-on-year increase of 9.04%. It provided strong tax support for Guangxi enterprises to go global and participate in multi-regional economic cooperation, and promoted foreign exchange. The rapid development of trade has effectively promoted the innovative development of enterprises.
