Jiangsu Should Jointly Respond To Tax Rebate Risks, Accelerate Export Rebates And Repatriate Corporate Capital.

30 days from

The State Administration of taxation was informed that in order to help foreign trade enterprises cope with the difficulties brought by the economic downturn, the Jiangsu State Taxation Department tried to sign a service agreement with key foreign trade enterprises, jointly cope with the tax rebate risk, and speed up the export tax rebate and enterprise capital return.

On the 29 day, the sub bureaus of Jiangsu State Taxation Bureau signed the three major foreign trade enterprises, such as Jiangsu High Hope International Group Corporation Limited, Jiangsu SOHO Holdings Limited, Jiangsu Su Mei Group, and so on.

Compliance and service agreement.

In the agreement, foreign trade enterprises promise to improve the internal control mechanism of tax revenue, cooperate with the state tax department in doing well the tax rebate risk control, while the state tax department strengthens the export tax refund service to enterprises through accelerating the coordination of tax refund implementation.

"Improving the internal control mechanism of enterprises is conducive to our coordination with customs, business and other departments to better achieve the 7 day tax rebate in place."

Chen Yueping, deputy director of the sub Bureau of the Jiangsu State Taxation Bureau, said that the export tax rebate of foreign trade enterprises has always been the focus of tax risk control. In the context of economic downturn, the state tax department hopes to simplify the tax rebate process to the maximum extent, and return the tax rebate to the enterprises as soon as possible to help the enterprises tide over difficulties.

At present, the three enterprises that sign the agreement are large foreign trade enterprises with large tax refund and perfect internal control mechanism. If the effect is good in the future, they will expand to more foreign trade enterprises.

Shen Xiangyuan, chairman of Jiangsu SOHO Holding Group Co., Ltd., said that the tax rebate rate of the company's export goods accounted for 13%-16% of the cost of goods. It is very important for the tax authorities to accelerate the tax rebate to repatriate the enterprises' funds by agreement.

In addition, the tax authorities should strengthen tax supervision on enterprises, and the agreement will bear the risk of tax rebates, which will also help the company improve its internal governance structure.

It is understood that Jiangsu Province

The door and foreign trade enterprises cooperate to strengthen tax risk control and services through various ways. In the first three quarters of this year, the accumulated export tax (Exemption) tax was 130 billion 911 million yuan, an increase of 7.56% over the same period last year.