Accountants engaged in agricultural accounting work will often encounter such problems. The country has strong preferential policies for agriculture, so do you understand this part of the content? If you don’t understand, then let’s learn with the Deep Space Network.

What are the contents of the tax reduction and exemption policy for agricultural products?

1. Agricultural producers selling self-produced agricultural products are exempt from value-added tax. See the "Interim Regulations on Value-Added Tax".

2. "Notice of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Exemption from Value-Added Tax in the Circulation of Vegetables" (Caishui [2011] No. 137)

3. "The Ministry of Finance, the State Administration of Taxation Notice of the State Administration of Taxation on the policy of exempting some fresh meat and egg products from value-added tax in the circulation link (Caishui [2012] No. 75). In addition to the value-added tax preferential treatment, whether you can enjoy corporate income tax preferential treatment also requires attention: "The People's Republic of China and "National Enterprise Income Tax Law": Article 27 The following income of enterprises can be exempted from or reduced from enterprise income tax: (1) Income from agricultural, forestry, animal husbandry and fishery projects;

"People's Republic of China" ***Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China: Article 86 The income of enterprises engaged in agriculture, forestry, animal husbandry and fishery projects as specified in Article 27 (1) of the Enterprise Income Tax Law may be exempted or reduced. The levy of corporate income tax refers to:

1. The income of enterprises engaged in the following items is exempt from corporate income tax: vegetables, grains, potatoes, oils, beans, cotton, hemp, sugar, fruits, Cultivation of nuts;

2. Breeding of new crop varieties;

3. Cultivation of Chinese medicinal materials;

4. Cultivation and planting of forest trees;< /p>

5. Raising of livestock and poultry;

6. Collection of forest products;

7. Irrigation, primary processing of agricultural products, veterinary medicine, agricultural technology extension, agricultural machinery Operations and maintenance and other agricultural, forestry, animal husbandry and fishery service industry projects;

8. Offshore fishing.

Enterprises’ income from the following projects will be levied at half the corporate income tax:

1. Cultivation of flowers, tea and other beverage crops and spice crops

2. Maritime aquaculture and inland aquaculture; enterprises engaged in projects restricted and prohibited by the state shall not enjoy the benefits stipulated in this article Income tax incentives.

Agricultural tax reduction policies include:

1. Self-produced agricultural products sold by agricultural producers are exempt from value-added tax, and processing enterprises are allowed to purchase tax-free primary agricultural products with a certain deduction. The value-added tax input tax will be deducted at a certain rate,

and starting from May 1, 2018, the value-added tax rate for sales of agricultural products will be reduced from 11% to 10%; taxpayers will adopt subcontracting, leasing, and exchange The transfer of contracted land to agricultural producers for agricultural production by means of transfer, shareholding, etc. is exempt from value-added tax.

2. The income of enterprises engaged in agriculture, forestry, animal husbandry and fishery projects can be exempted or reduced in accordance with the law. Corporate income tax is partially levied.

3. Income earned by natural person investors from individuals, individual businesses, sole proprietorships, and partnerships engaged in planting, breeding, breeding, and fishing is temporarily not levied. Income tax.

4. Land used directly for agriculture, forestry, animal husbandry, and fishery is exempt from land use tax.

5. State-designated acquisition departments and village committees. , Agricultural and sideline product purchase contracts written by individual farmers are exempt from stamp duty.

Can the input tax be deducted from the purchase of tax-free agricultural products?