China News Service, Haikou, April 13 (Reporter Wang Ziqian) The Propaganda Department of the Hainan Provincial Party Committee held a special press conference on the implementation and high-quality development of the Hainan Free Trade Port Policy on the 13th. Yang Lei, deputy director of the Hainan Provincial Department of Finance, said that the tax system construction of the Hainan Free Trade Port is progressing steadily.
Yang Lei said that in the future, while the entire island will be closed and operated, the current value-added tax, consumption tax, vehicle purchase tax, urban maintenance and construction tax and education surcharge will be simplified according to law, and the collection and sales of goods and services will be launched in the retail link. tax related work.
He said that from the perspective of tax system arrangements, sales tax is the basis for the Hainan Free Trade Port to initially realize free trade and facilitation. The sales tax reform is supplemented by the “zero tariff” arrangement, which can effectively reduce import costs, and initially form a tax system that is compatible with the freedom and convenience of trade and investment during the island-wide customs clearance operation.
“The ‘unification of five taxes’ of sales tax is not a simple unification, it is not a translation, but the creation of a new tax, which is a major change in the tax system, and its impact is reflected in all aspects.” Yang Lei said, “the integration of five taxes” To a large extent, the tax system of Hainan Free Trade Port has been simplified, which can reduce the cost of tax collection, improve the efficiency of collection and management, and make enterprises more convenient and efficient in terms of operation and financial accounting. At the same time, in the future, sales tax will be levied on the retail links of goods and services. For production-oriented enterprises, these five taxes will no longer be borne during the entire production process, which will help reduce the tax burden of enterprises and enhance the vitality of enterprises.
When introducing the implementation of the free trade port tax policy, Yang Lei said that up to now, 11 preferential tax policies have been implemented in Hainan Free Trade Port, which are the new tax-free shopping policy for outlying island tourists, preferential policies for corporate and personal income tax, and “zero” for raw and auxiliary materials. “Tariff” policy, “zero tariff” policy for transportation tools and yachts, value-added tax policy for international shipping ships, tax rebate policy for Yangpu port of departure, “zero tariff” policy for self-use production equipment, domestic and foreign ships transporting domestic ships with bonded oil and local production Fuel oil policy, preferential tax policy for imported exhibits at the International Consumer Goods Expo, policy for refilling bonded jet fuel for inbound and outbound flights. In order to further release policy dividends, the preferential tax policies of Hainan Free Trade Port will be dynamically adjusted.
He said that in the future, Hainan will initially establish a tax system arrangement compatible with the freedom and convenience of trade and investment, and further strengthen the top-level system design, and gradually establish an internationally competitive tax system that is compatible with high-level free trade ports. (Finish)Return to Sohu, see more
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