On June 27, the Ministry of Finance and the State Administration of Taxation jointly issued the “Notice on the Tax Policy on the Return of Value-Added Taxes for Some Industries in 2018”, and the chemical fiber manufacturing and chemical raw materials and chemical products manufacturing were included in the 2018 refunded value-added tax. The end of the period tax allowance industry directory, the specific content is as follows:
1. The scope of industrial enterprises that refund the tax at the end of the period
The industries that refund the value-added tax at the end of the VAT include advanced manufacturing, R&D and other modern service industries and power grid companies, such as equipment manufacturing, the specific scope is as follows:
(1) Modern manufacturing services such as advanced manufacturing and R&D in equipment manufacturing
According to the national economic industry classification, modern manufacturing services such as advanced manufacturing and R&D, including equipment manufacturing, include 18 major industries such as special equipment manufacturing, research and experimental development. For details, please refer to the attached “2018 Return VAT Ending Tax Allowance Industry Directory”. 》. The taxpayer's industry is determined according to the national economic industry registered in the taxation, and the taxpayers within the following scope are preferred:
1. "Made in China 2025" clear new generation of information technology, high-grade CNC machine tools and robots, aerospace equipment, offshore engineering equipment and high-tech ships, advanced rail transit equipment, energy-saving and new energy vehicles, power equipment, agricultural machinery and equipment, 10 key areas such as new materials, biomedicine and high-performance medical devices.
2. High-tech enterprises, technologically advanced service enterprises and technology-based small and medium-sized enterprises.
(2) Power grid enterprises
All power grid companies that have obtained power business licenses (transmissions, power supplies).
2. Taxpayer conditions for refunding the tax at the end of the period
Tax refund at the end of the period The taxpayer's tax credit rating is Grade A or Grade B.
Third, the calculation of the tax at the end of the period
The taxpayer applies to the competent tax authority for the refund of the tax at the end of the period, and the amount of the tax at the end of the period refunded by the taxpayer is calculated based on the taxable amount and the refund rate of the taxpayer's application for the tax refund in the previous period, and the taxpayer's tax at the end of 2017 is the upper limit. details as follows:
(1) Returnable tax at the end of the period = the taxable amount of the taxpayer's application for tax refund in the previous period × the proportion of refund
The refund ratio is calculated as follows:
1. Taxpayers who have handled tax registration before December 31, 2014 (including), the refundable proportion of special tax invoices for deductible for the three years of 2015, 2016 and 2017, special payment for customs import value-added tax, and payment The amount of VAT indicated in the tax payment receipt certificate accounts for the proportion of the total deductible input tax in the same period.
2. For taxpayers who apply for tax registration after January 1, 2015 (including), the refund rate is the special value-added tax invoices that have been deducted during the actual operation period, the special payment certificate for customs import value-added tax, and the tax payment certificate for tax payment. The value-added tax accounted for the proportion of all the deductible input tax in the same period.
(2) When the refundable period-end tax amount does not exceed the end-of-year tax amount at the end of 2017, the period-end tax credit for the current period is refundable at the end of the period. When the refundable period-end tax credit exceeds the end-of-year tax credit at the end of 2017, the period-end tax credit for the current period is the end-of-year tax credit for the end of 2017.
Fourth, work requirements
(1) The finance and taxation departments of all provinces (including autonomous regions, municipalities directly under the Central Government, cities with separate plans, and the same below) shall refund the tax at the end of the period to the modern service industries such as advanced manufacturing, R&D, etc., which are determined by the Ministry of Finance and the State Administration of Taxation in 2018. The scale, in line with the national macro-policy orientation, taking into account different scales and types of enterprises, and determining the taxpayers who have returned the tax at the end of the period, will report the taxpayer list and the amount of the tax refund to the Ministry of Finance and the State Administration of Taxation before August 31, 2018.
The Ministry of Finance and the State Administration of Taxation will notify the Ministry of Finance and the State Administration of Taxation of the 2018 equipment manufacturing and other advanced manufacturing industries, research and development, and other modern service industries. The ending tax credits of the provincial power grid enterprises shall be calculated according to the provisions of this Notice, and the amount of tax refunded at the end of the period shall be calculated and refunded.
(2) The provincial finance and taxation departments must attach great importance to this work, carefully plan and promote them in a comprehensive manner. During the implementation process, monitoring and analysis should be strengthened, and publicity and interpretation should be done to ensure a smooth and orderly advancement of the tax refund at the end of the period. The work of refunding the tax at the end of the period is completed before September 30 of the year.
(3) Before October 31, 2018, the provincial finance and taxation departments shall submit a summary of the work of the tax refund at the end of the period, including completion, working methods, results, and recommendations. In the process of policy implementation, major problems will be reported to the Ministry of Finance and the State Administration of Taxation in a timely manner.