Guangdong introduced ＂tax 8＂ to stabilize foreign trade, further stimulating the vitality of foreign trade.

A few days ago, Guangdong Provincial Taxation Bureau of State Taxation Administration of The People’s Republic of China officially issued the Notice on Further Giving Play to the Function of Taxation to Help the Stable Development of Foreign Trade, which issued eight hard moves (hereinafter referred to as "eight tax measures") around implementing policies, optimizing services, supporting domestic sales and preventing risks, sorted out 19 tax policy guidelines for stabilizing foreign trade in four aspects, and optimized tax services through comprehensive policies to help enterprises transform and promote industry development.

Lin Zhenlong, director of the Second Taxation Branch of Guangdong Provincial Taxation Bureau, said that besides clearly implementing tax incentives, improving the efficiency of examination within five working days and promoting paperless declaration of export tax rebates, the "Tax Article 8" for stabilizing foreign trade has put forward Guangdong-specific practices in terms of opening up new foreign trade policy barriers, expanding the service scope of "first-class export enterprises", serving small and medium-sized export enterprises, supporting export products to be sold domestically, and insisting on management services.

Actively promote the healthy development of new foreign trade formats and cultivate new kinetic energy for foreign trade growth.

In order to get through the policy blocking points of new foreign trade formats, help export enterprises to expand the market and increase orders, and stabilize the "tax 8" of foreign trade, it is proposed to implement and improve the requirements of inclusive and prudent supervision, actively support the development of new formats such as platform sharing economy, foreign trade comprehensive service enterprises, cross-border e-commerce and market procurement, and encourage enterprises to become bigger and stronger. Guide foreign trade comprehensive service enterprises to strengthen risk prevention and control management, and give full play to their advantages in handling tax refund for small and medium-sized production enterprises. We will implement the tax policy for retail export goods in the cross-border e-commerce comprehensive test area, levy enterprise income tax on self-operated cross-border e-commerce export enterprises, and continue to levy enterprise income tax on logistics enterprises and customs declaration agents. Implement the tax exemption policy for export goods by market procurement trade. For self-employed households who meet the requirements of market procurement, we will implement the policy of regular and fixed collection of personal income tax.

Since the beginning of this year, a large number of foreign trade enterprises have seized new opportunities in the face of challenges and quickly responded to the new foreign trade situation by changing production and reselling. Among them, market procurement trade, as a new foreign trade format, has opened up a new way for small and medium-sized enterprises to enter the international market through market gathering, classified customs declaration and export tax exemption.

In Guangzhou Haohengtong Trading Co., Ltd., the reporter saw that a large number of clothes, decorations, non-medical protective masks and other items have been packed and ready to be shipped to more than 60 countries and regions along the "Belt and Road". Since the beginning of this year, the company’s export value has exceeded 40 million yuan, and it has tasted the "sweetness" of market procurement trade.

In order to support the development of this new foreign trade format, Guangdong tax authorities have strengthened the research on the tax policy of export goods by market procurement, made clear the issues such as the issuance of export goods certificates by market procurement agents, the declaration of tax exemption, the collection of personal income tax from individual industrial and commercial households, and the collection of enterprise income tax by export enterprises in subsidy income, so as to stabilize the policy expectations of export enterprises and further strengthen their confidence in development. Statistics show that from January to July, the pilot export volume of market procurement trade in Guangdong was 149.5 billion yuan, up 45.5 billion yuan and 43.75% year-on-year.

In addition, the Guangdong tax authorities have clarified the corporate income tax policy for cross-border e-commerce retail exports. Self-operated cross-border e-commerce export enterprises will be subject to verification and collection, and logistics enterprises and customs declaration agents will continue to implement the original audit and collection methods to dispel the policy doubts of all participants in cross-border e-commerce. At the same time, give full play to the role of foreign trade comprehensive service enterprises in promoting the export of small and medium-sized enterprises. Actively guide enterprises to establish internal risk management control system, build internal risk management information system, prevent tax refund business risks, and give full play to its leading role in the export of small and medium-sized enterprises. Tax refund for foreign trade comprehensive service enterprises in time and in full, and 730 million yuan for foreign trade comprehensive service enterprises from January to July, effectively alleviating the financial pressure of small and medium-sized micro-export enterprises.

Optimize services and make precise policies, and give enterprises the maximum tax support according to law.

On the basis of stipulating the relevant requirements of tax refund declaration, the "Tax Article 8" of stabilizing foreign trade implements the export tax refund policies newly introduced by the countries, such as increasing the export tax refund rate, declaring tax refund after the deadline, allowing enterprises that have given up the tax refund right to choose to restore the tax refund right, and giving enterprises maximum tax support according to law. Expand the service scope of "first-class export enterprises". For key export enterprises with tax credit rating of A, customs enterprise credit management category of advanced certification and foreign exchange management classification level of A, they can be regarded as the same kind of export enterprises to enjoy quality services. If there is no doubt after examination, the export tax refund procedures will be completed in time.

The reporter learned that at present, Guangzhou and Dongguan have piloted the expansion of the service scope of "first-class export enterprises".

As early as the Spring Festival, the tax authorities in Dongguan expanded the service scope of "first-class export enterprises", treated them as first-class enterprises in terms of management services, arranged the mode of "follow-up by special personnel on special posts", and adopted the rolling audit mode of "audit not staying overnight" in tax refund audit. Up to now, 10,834 second-class enterprises in Dongguan have enjoyed the service of "expanding the scope".

The "Tax Article 8" for stabilizing foreign trade also stipulates that for export enterprises seriously affected by the epidemic, a professional team should be set up to open a "fast track" to achieve "audit with the report" and quickly handle export tax rebates. Improve the "one enterprise, one policy" mechanism, improve the normalization mechanism of communication between tax enterprises, and accurately solve the tax-related problems of export enterprises.

When the epidemic prevention and control was the most tense, the tax authorities in Dongguan set up a "Commissioner Working Group" with the line of export tax rebate, so as to know in advance the application for tax rebate by the export enterprises producing epidemic prevention and anti-epidemic materials in the city and the R&D institutions researching reagent vaccines for purchasing domestic equipment, understand the implementation of the export tax rebate policy and the needs of enterprises, and include 26 export enterprises producing epidemic prevention products in the list of key service enterprises for export tax rebate, provide green and fast services for enterprises, and implement the "on-demand and review" mode of export tax rebate.

Tolerance and financing, focusing on serving small and medium-sized export enterprises.

Starting from supporting market players, the "Eight Tax Rules" for stabilizing foreign trade clearly stipulates that during the epidemic prevention and control period, newly-established export enterprises declare export tax rebates for the first time, and production enterprises entrust foreign trade comprehensive service enterprises to do so on their behalf. If the accumulated declared tax refund (exemption) does not exceed the limit, the tax refund will be reviewed in advance in accordance with the principle of "handling the shortage" and will be reviewed afterwards.

In enterprise management, whether foreign businessmen settle the payment in time often affects whether foreign trade enterprises can settle the payment with suppliers in time and handle the tax refund, and also affects whether production enterprises can quickly organize new production. A questionnaire survey of 3,204 export enterprises during the epidemic period showed that 22.41% of enterprises reported that the obstruction of international logistics was one of the main difficulties faced by enterprises in resuming production and sales, and the delay in goods handover further hindered the withdrawal of funds and tax refund.

In this regard, the "tax 8" of stabilizing foreign trade clearly needs to deepen the application of "bank-tax interaction" and guide all banking institutions to reduce the financing interest rate of "bank-tax interaction" products in a timely manner according to the cost of capital, so as to better match and meet the financing needs of small and medium-sized micro-export enterprises.

The tax authorities actively promote the interaction between tax and bank, make full use of tax big data to provide support for enterprise financing, help enterprises settle accounts early, collect tickets early and refund taxes early, and ease the difficulty of capital turnover. On the one hand, the tax department opens the data interface to the bank, and provides the bank with a number of tax-related data such as tax credit rating, tax payment, export scale, export tax refund processing, etc. with the authorization of the loan applicant (enterprise), and comprehensively judges the credit line. On the other hand, financial institutions customize financing schemes according to tax big data. For example, in September 2018, Guangdong Construction Bank took the lead in launching the "cross-border fast loan-tax refund loan" products of small and medium-sized micro-export enterprises in China, and provided online credit loans within 2 million yuan according to corporate credit; Since the beginning of this year, it has benefited 331 small and medium-sized micro-export enterprises, with a total loan of 210 million yuan; For large enterprises, the scheme of "tax integration" is provided. On the premise that the special account for export tax refund of enterprises is managed, loans are provided according to the maximum amount of 90% of the export tax refund of enterprises.

Open up the supply and demand chain of the industrial chain and support the export products to be sold domestically.

In view of the outstanding problems such as the reduction of orders and idle production capacity of foreign trade enterprises, the "Tax Article 8" of stabilizing foreign trade proposes to make good use of the big data of taxes and fees, promote the application of the industrial chain Zhilian platform, and focus on solving the key blocking points such as poor supply of raw materials and disconnection between upstream and downstream production and marketing in the process of exporting products to domestic sales, so as to open up the industrial supply and demand chain for exporting products to domestic sales. Support export enterprises to broaden their business scope, actively promote the pilot of the general taxpayer policy in the comprehensive bonded zone, provide convenience for export enterprises to explore the domestic market, reduce costs, and revitalize the idle capacity of export enterprises.

In Zhuhai Guoneng New Materials Co., Ltd., a batch of 2.5 million yuan FRP radomes and antenna vibrators have been sent to Jingxin Communication Technology (Guangzhou) Co., Ltd., which is a big order after the enterprise "exports to domestic sales".

The reporter learned that most of the products of Guoneng New Materials are sold to South Korea and Southeast Asia, and it is one of the well-known mainstream suppliers in the mobile communication industry, with an annual output value of over 100 million yuan. Since March, affected by the epidemic, the export sales of new materials of Guoneng have only reached 480,000, a year-on-year decrease of over 95%. Tan Yu, the company’s financial director, said, "It is a new strategy to crack the foreign trade dilemma by increasing efforts to open up the domestic market, but it is not a simple matter to find the domestic market quickly."

Faced with the difficulties of enterprises, Zhuhai tax authorities timely use tax big data to help enterprises find domestic demanders through the Zhilian platform of Guangdong tax industry chain. "It took less than a day to release the product on the industrial chain Zhilian platform, and we received the demand from Jingxin Communication. We contacted our colleagues in the marketing department in time to follow up and successfully formed this transaction." Tan Yu said, "In the special period, the tax authorities actively helped us to explore the domestic market, and the measures to help us in the snow made us feel warm."

With the support of tax incentives and the guidance of tax authorities, some Guangdong foreign trade enterprises have found a way out in the process of "exporting to domestic sales" and achieved a "contrarian rise" in sales. The data of export tax rebate in the first half of the year shows that the domestic sales income of export enterprises increased by 0.8% year-on-year, and the growth rate was 4.0 percentage points higher than the average level of various enterprises.

According to statistics, from January to July, the processing time of export tax rebate in Guangdong (excluding Shenzhen) was accelerated to 4.13 days on the basis of the national average processing time of 8 working days; In July 2020, the proportion of online declaration of export tax rebate reached 99%; Guangdong (excluding Shenzhen) has handled a total of 159.016 billion yuan of export tax refund (exemption), which greatly eased the financial pressure on enterprises.

"While serving the development of export enterprises, Guangdong tax authorities insist on both management and services, and continue to create a fair and orderly business environment." Lin Zhenlong said that the "Tax Article 8" for stabilizing foreign trade is clear, and the tax authorities should strictly follow the requirements of "no risk, no inspection, no approval, no illegal non-stop", give full play to the advantages of big data, and conduct accurate verification on enterprises with suspicious export tax rebate business, and continue to maintain a high-pressure situation of preventing and cracking down on fraudulent export tax rebates. Strengthen cooperation with public security, customs, foreign exchange management and other departments, severely crack down on illegal acts such as "fake exports" that are not actually exported but only to defraud tax rebates, effectively standardize the tax economic order, and create a fair business environment.