The management of grain and oil reserves is related to national food security and social stability. In order to ensure that the quantity of grain and oil reserves is real, of good quality, and can be mobilized and used when urgently needed, the government’s management of grain and oil reserves is based on There are some preferential tax policies. In order to facilitate grain enterprises to better implement relevant policies in management, we will now discuss their practical applications based on the preferential tax policies formulated by national and provincial taxation departments for grain enterprises over the years.
1. Business tax preferential policies
The Zhejiang Provincial Department of Finance and the Zhejiang Provincial Local Taxation Bureau forwarded the Ministry of Finance and the State Administration of Taxation Cai Shui Zi [1996] No. 68 "About the acquisition of state-owned grain enterprises" "Notice on the Exemption of Business Tax on Policy Subsidy Income from Reserved Grain and Oil" ([1996] Finance and Taxation No. 15, Zhejiang Local Taxation [1996] No. 51) document clearly stipulates that the fiscal subsidy income obtained by state-owned grain enterprises from keeping government reserves of grain and oil is exempt from business tax Sales tax. Government grain and oil reserves include national grain and oil reserves, national special grain and oil reserves, various grain and oil reserves of local governments at all levels, and throughput-regulated grains used to regulate the grain market. Policy subsidy income refers to the interest and fee subsidies that state-owned grain enterprises obtain from finance or grain authorities at all levels for keeping the above-mentioned government reserves of grain and oil. Therefore, any interest expense subsidies received by grain enterprises related to the rotation and storage of grain and oil reserves from the central, provincial or local governments can be treated as business tax exemption declarations.
II. Preferential income tax policies
According to the "Notice of the Zhejiang Provincial Local Taxation Bureau on Several Policy Issues on Enterprise Income Tax" (Zhejiang Local Taxation 2 [1996] No. 154), county-level The various fiscal subsidy revenues allocated to enterprises by the above-mentioned financial departments, if they have designated uses, are allowed to be tax adjusted and reduced when calculating the enterprise's taxable income after being reviewed by the competent tax authorities until the enterprise's taxable income is reduced. until it reaches zero. All other subsidy income shall be incorporated into the taxable income of the enterprise and levied corporate income tax in accordance with regulations. According to the spirit of this document. Considering the nature of the fiscal subsidy income from grain and oil reserves, the fiscal subsidy income obtained by grain enterprises from all aspects of the purchase, sale, transfer, and storage of grain and oil reserves can be reported as tax reduction items.
3. Value-added tax preferential policies
(1) According to the "Notice of the Zhejiang Provincial State Taxation Bureau and the Department of Finance on the Collection and Exemption of Value-Added Tax on Grain Enterprises" (Zhejiang State Tax Flow [1997 ]97, Zhejiang Finance and Taxation [1997] No. 7) document stipulates that the grain sold by state-owned grain purchase and sales enterprises responsible for grain collection and storage tasks is exempt from value-added tax, and other businesses (except for the sale of edible vegetable oil reserved by the government) should Collect value-added tax as required. According to the spirit of the document, grain enterprises should grasp the following aspects when implementing: First, at the beginning of each year, an application must be made to the tax department to determine the VAT exemption qualification for that year, and the competent tax authority will review and determine the tax exemption qualification. If it is not reported to the competent tax authority for review and confirmation, it shall not be exempted from tax; secondly, enterprises that enjoy tax-free preferential treatment shall separately calculate taxable sales, output tax, input tax and tax-free sales and make taxable and tax-free declarations on schedule; thirdly, At the beginning of each year, an application must be submitted to the tax department for exemption from the previous year's value-added tax settlement report, and the tax authority shall verify and determine the exemption amount.
(2) According to the "Notice of the Ministry of Finance and the State Administration of Taxation on Increasing the Input Tax Deduction Rate for Agricultural Products" (Caishui [2002] No. 12), starting from January 1, 2002, The input tax deduction rate for general VAT taxpayers purchasing tax-free agricultural products sold by agricultural producers has been increased from 10% to 13%.
(3) According to the "Notice of the Ministry of Finance and the State Administration of Taxation on the Value-Added Tax - Input Tax Deduction Rate for General Taxpayers Purchasing Agricultural Products from Small-scale Taxpayers" (Caishui [2002] No. 105) According to the provisions of the "Notice of the Ministry of Finance and the State Administration of Taxation on Increasing the Input Tax Deduction Rate of Agricultural Products" (Caishui [2002] No. 12) when purchasing agricultural products from small-scale taxpayers, general taxpayers of value-added tax may purchase agricultural products at a rate of 13%. The deduction rate is used to deduct the input tax.
IV. Stamp Duty Preferential Policies
According to the provisions of the "Reply Letter on the Issue of Stamp Duty Payment by Agricultural Development Bank" (Caishuizi [1996] No. 55) issued by the Ministry of Finance and the State Administration of Taxation , stamp duty is exempted from fiscal discount loan contracts such as agricultural and sideline product purchase loans, reserve loans, and comprehensive agricultural development and poverty alleviation loans handled by the Agricultural Development Bank.
Therefore, grain enterprises can be exempted from stamp duty when incurring the above-mentioned related loans.
V. Other preferential tax policies
The "Notice of the Ministry of Finance and the State Administration of Taxation on Tax Policies Concerning Certain National Reserves" (Caishui [2006] No. 105) stipulates: before the end of 2008 , the capital account books of China Grain Reserves Corporation and its directly affiliated grain depots are exempt from stamp duty, and the purchase and sale contracts written during the operation of the central grain reserve (oil) business are exempt from stamp tax. The China Grain Reserves Corporation and its directly affiliated grain depots operate central grain reserves (oil). Real estate and land used for self-use of oil) business are exempt from property tax and urban land use tax. The nature of grain purchasing and storage enterprises in various parts of our province is basically the same as that of China National Grain Reserve Corporation and its directly affiliated grain depots. According to the spirit of the Caishui [2006] No. 105 document, we can negotiate with the local tax department to strive for exemption from relevant stamp duties, real estate taxes, urban Land use tax.