"With the expected increase in business, enterprises in the purchase of new cars, business development, more emboldened."." The person in charge said. In recent years, Jiangsu Ming Jia bought many new cars, and actively enter the "Internet plus" field of transportation, the establishment of Wuxi's first "credit" as the evaluation standard of intelligent logistics platform.
In fact, the transformation and upgrading of Jiangsu Ming Jia is only one of the obvious examples of the "spillover effect". Just as premier Li Keqiang in the deployment of the full implementation of replacing business tax with value-added tax(VAT) is emphasized, the significance of this reform is not only more tax cuts, will effectively promote the optimization of industrial division, extend the industrial chain, promote the upgrading of the manufacturing industry and service industry development. Camp changed to increase is an innovation driven "signal source", but also a powerful booster of economic transformation and upgrading".
Camp changed not only to allow enterprises to find "new cake", but also eliminates the tax gap between the manufacturing sector and the service sector
And Jiangsu Ming Jia, Changzhou scientific research and production center Co., Ltd. is also the camp changed to increase "spillover" effect beneficiaries. This high-tech enterprise engaged in R & D and manufacturing of coal equipment once had difficulties in production and management. In 2012, the camp changed to increase and was carried out in Jiangsu to enable enterprises to find new economic growth points.
At that time, we were concerned about the specialized technical services of auxiliary transportation of large and medium-sized coal mining enterprises. After replacing business tax with value-added tax(VAT) technical service pay VAT in accordance with the rate of 6%, plus the input tax deduction, so that this business has become a coal mine supporting enterprises' new cake ', and through technical services can expand the company new product development progress and strength, which greatly improve the company's core competitiveness." Company chairman recalls.
In May last year, replacing business tax with value-added tax(VAT) fully open in the country, the enterprise outsourcing labor costs (wages, "five social insurance and one housing fund") can be deductible. Changzhou scientific research and production center has changed the mode of the original single sale equipment, and explored the "one-stop" professional service in the after-sale service. According to estimates, this will not only drive the employment of more than 1000 people, but also provide opportunities for enterprises from the traditional manufacturing to "manufacturing + services" all-round transformation.
From Jiangsu Province, the data show that since the implementation of replacing business tax with value-added tax(VAT), including new push in the construction industry, real estate, finance, life service industry four industry, replacing business tax with value-added tax(VAT) pilot taxpayers for downstream issued VAT taxpayers VAT invoices deductible input tax increase amounted to 39 billion 21 million yuan.
In this regard, the analysis of PWC Chinese in mainland China and Hongkong area indirect tax partner in charge of Hu Genrong said, replacing business tax with value-added tax(VAT) credit chain link between the service industry and the two or three industry, eliminated between the manufacturing industry and service industry tax barriers and create a fair and effective tax environment, expand the inter industry trade, stimulate the economy activity.
Camp changed to increase not only true gold and silver, encouraging the officers to start business, but also to achieve a virtuous cycle of economy and society
"This is a real tax cut spree. It's real money. It encourages business, and it makes our business more confident and enthusiastic."." Pizhou city soil Town Jaime e-commerce service station owner Yang Haimei individual in fully replacing business tax with value-added tax(VAT) after the implementation of the start, the tax burden than replacing business tax with value-added tax(VAT) to reduce 4 as much.
According to statistics, since 2017, Jiangsu camp changed to increase four major industries, new taxpayers increased by nearly 1/10 by the end of 2016. After all sides opened the camp to increase, the scope of input deduction further expanded, prompting enterprises to increase R & D investment and innovation pace of innovation, which effectively stimulated the public entrepreneurship, innovation and vitality.
South Jiangsu Permanent Magnet Technology Co., responsible person said, completely replacing business tax with value-added tax(VAT), the company's real estate construction, technology development and production technology patent purchase obtain special VAT invoice, total VAT amounted to 2 million 600 thousand yuan, the enterprise will save money for new equipment.
Jiangsu's data show that in 2016, the province reported a total of 40 billion 770 million yuan of tax on fixed assets, an increase of 7.8% over the previous year. Among them, the third industries declared fixed assets input tax 6 billion 540 million yuan, an increase of 55.5%.
Bloomberg commented that the Chinese replacing business tax with value-added tax(VAT) has a promoting effect on economic growth not only in the short term, but in the long run, promote the reform of the tax system of the service industry will help Chinese economy maintain a balanced development of the situation.
"Comprehensive promotion of replacing business tax with value-added tax(VAT) opened up a" hit "a broader space, and create a more suitable for small and medium-sized micro enterprise growth tax environment." There are financial media reviews.
Liu Shangxi, director of the Institute of Fiscal Science of the Ministry of finance analysis, to promote the camp changed after the increase in enterprise costs, innovation and entrepreneurship space to become larger, through entrepreneurship to promote employment. With more jobs, people will have more income, which will help to improve people's livelihood. Employment expansion, income growth, social stability, consumption and investment can follow. He thus concluded: to promote the camp changed to achieve a virtuous cycle of economy and society. (Li Hao)
