Browse:Author: InternetSource: Nanjing agency bookkeeping companyTime: 14:02, July 19, 2019
Export tax rebateIt refers to the measure that the exporter refunds part or all of the domestic tax that has been levied on the export goods.This is also an international practice.The Provisional Regulations of the people's Republic of China on value added tax, which came into effect on January 1, 1994, stipulates that the tax rate for taxpayers to export goods is zero.For export commodities, not only does the export link not levy taxes, but also the tax authorities must refund tax.Goods that have entered the international market at a price that does not include taxes on production.According to the "Provisional Regulations on value added tax", after an enterprise exports its goods, the tax department shall pay the input tax on the exported goods.For drawback, due to tax reduction and other reasons, the input tax on goods is usually not equal to the actual tax amount.If the tax is refunded according to the input tax of export commodities, there will be problems of tax reduction and tax refund.Therefore, the calculation of export goods has tax rebate.Proportion - export rebate rate.
Since the tax reform in 1994, China's export tax rebate policy has undergone seven major adjustments.
In 1995 and 1996, the first major export tax rebate policy adjustment was implemented. The original zero tax rate of export products was adjusted to 3%, 6% and 9%.
In 1998, the second adjustment was to promote exports, and some export products were returned.
The rates were as high as 5%, 13%, 15% and 17%.
Since then, three years of large-scale and over planned foreign trade growth has brought about financial default on tax rebates.Since January 1, 2004, the country has adjusted the export tax rebate rate by 5%, 8%, 11%, 13% and 17% for the third time.
In 2005, a fourth adjustment was made.China will gradually reduce and abolish the export tax rebate rates for some "high energy consumption, high pollution, resource-based" products, and appropriately reduce the export tax rebate rates that lead to trade frictions such as textiles.We will increase export tax rebate rates for major technical equipment, it products and biomedical products.
The fifth adjustment policy was implemented on July 1, 2007.A total of 2831 items were involved in the adjustment, accounting for 37% of the total tariff goods.After adjustment, the export tax rebate rates are 5%, 9%, 11%, 13% and 17% respectively.
After the adjustment of the sixth export tax rebate policy on August 1, 2008, the export tax rebate rate of some textiles and clothing increased from 11% to 13%, and that of some bamboo products increased to 11%.
The seventh adjustment is to increase the export tax rebate rate from November 1, 2008.The adjustment involves 3486 items, accounting for 25.8% of the total tariff goods.Mainly includes two aspects: one is to appropriately improve the textile, clothing, toys and other labor-intensive productsExport tax rebateRate.Second, increase the export tax rebate rate of high-tech and high-value-added goods such as anti AIDS drugs.By then, China's export tax rebate rates will be 5%, 9%, 11%, 13%, 14% and 17%.