550 billion tax reduction small and medium-sized enterprises benefit less positive fiscal fall into paradox

Source: Internet
Author: User
Keywords Tax
Tags .mall beginning business consumption cuts development economic economic development
Since the end of last year, in response to the international financial crisis, the country has introduced a series of tax concessions, the annual tax deduction is expected to reach 550 billion yuan a year, the intensity of unprecedented.  The Ministry of Finance said that the current structural tax reduction policy has been effective, and strongly promoted the steady and rapid economic development. However, the Chinese Times reporter interviewed found that most small and medium-sized enterprises reflect that they do not feel the benefits of tax policy. Have tax cuts been discounted in implementation?  Liu Huan, deputy dean of the Taxation Institute at the Central University of Finance and Economics, said that, according to the definition of positive fiscal policy, it should be to increase expenditure and reduce income, if this is understood, it is now not a full sense of positive fiscal policy.  Small and medium enterprises less benefit in the interview, the Nanxi Agriculture group chairman Xu told reporters that before he can enjoy some preferential policies, but the financial crisis since the large-scale tax reduction he did not feel deeply. Wenzhou Jin Optical Co., Ltd. boss Xun Yong said he had little experience of the benefits of tax cuts, and he and some of the foreign trade enterprises in the difficult situation has not improved significantly.  Xun Yong Now the capital is more tense, the operating situation is not good, the first need is the capital, and then can straighten out the operation, as for the tax deduction of the amount of money relative to the extent of the desire to fund can be ignored.  Wenzhou SME Promotion Association president Zhou then said that tax cuts are good for businesses, but not strong enough, Wenzhou small and medium-sized enterprises are still difficult to operate, the need for more large-scale tax cuts, income tax, business tax and other direct taxes need further relief.  Andifu, a professor at Renmin University of China, said that the overall tax reduction is more decentralized, enterprises often can only enjoy a part of the concessions, or even a large number of enterprises do not meet the tax concessions, so do not realize the benefits of tax cuts, this problem certainly exists. And it's easy to understand that a big part of the tax cuts themselves don't enjoy the benefits of tax cuts.  To reduce the largest value-added tax transformation, the transformation of enterprises to buy machinery and equipment such as fixed assets can be pre-tax deduction, but if the enterprise does not expand production, purchase equipment, etc., will not enjoy the benefits of this tax cut.  and small and medium-sized enterprises, including Xun Yong, their own business difficulties, reduced orders, the purchase of machinery and equipment, the possibility of expanding production is not small, so enjoy less tax cuts.  Lihui, a professor at Tianjin University of Finance and Economics, said that, in fact, because 4 trillion more investment in aviation, steel, real estate, coal and transportation and other state-owned enterprises more concentrated areas, value-added tax this part of the tax benefits also eventually flow to state-owned enterprises.  Ministry of Industry recently issued "small and medium-sized Enterprises 29", of which the small profit enterprise tax relief measures, is considered to be a strong support for SME development policy, but small profit enterprises are the standard of less than 30,000 of the year, this type of enterprise is very small, the number of business benefits imaginable. And the fuel tax reform, car purchase tax concessions, temporary interest-free tax, stamp duty, and other measures, with small and medium-sized enterprises, the only thing that can enjoy the benefits of the second half of the 2008At the beginning of the year, 8 consecutive times to increase the number of industries and products export tax rebate rate, but the Chinese private Economic Research Association president Pao said that in fact this part of the concessions to foreigners. The positive financial paradox enterprises do not have the benefit, the financial department also felt the reduction pressure.  In the context of tax reduction, the tax department has repeatedly issued a strengthening of consumption tax, tax collection and management of documents, which is inevitably understood as the revenue and tax departments of income measures.  More noteworthy is that the IRS starting from the beginning of the tax inspection, said the Audit Bureau audited task is 100 billion. In this context, revenue in the first four months of this year, after continuous negative growth, from May onwards and continue to exert force, June growth of more than 10%, August 36.1%, September growth of 33%, October growth of 28.4%.  Lihui that this rapid growth in revenue, actually compressed private investment and consumption. According to the data published by the Ministry of Finance, since May, the income from the positive, non-tax income has been growing rapidly, Lihui light analysis, in the absence of a substantial increase in tax revenue, the continuous increase in revenue and tax departments to strengthen the management of a strong relationship.  From this he concluded that the huge increase in revenue, is definitely not the growth of private consumption, economic improvement caused, but to the abruptly out. Liu Huan also questioned the continuing surge in fiscal revenues: in accordance with standard economic theory, active fiscal policy means to increase fiscal spending and reduce taxes by issuing bonds, stimulating aggregate demand growth, reducing unemployment and reviving the economy as quickly as possible.  But at least in recent months, it is not a standard and purely positive fiscal policy.  In fact, the tax department has its own difficulties. A finance official stressed to reporters that even if the fiscal revenue has been growing rapidly in recent months, the fiscal revenue is still not optimistic this year due to the continued negative growth of fiscal revenue at the beginning of the month. He analyzed that there was little room to expand tax cuts next year to ensure spending.
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