(a) the income of enterprises engaged in the following projects shall be exempted from enterprise income tax:
1. Planting vegetables, grains, potatoes, oilseeds, beans, cotton, hemp, sugar, fruits and nuts;
2. Cultivate new crop varieties;
3. Chinese herbal medicine planting;
4. Cultivation and planting of trees;
5. Raising livestock and poultry;
6. Collecting forest products;
7, irrigation, primary processing of agricultural products, veterinary, agricultural extension, operation and maintenance of agricultural machinery and other agricultural, forestry, animal husbandry and fishery services;
8. Marine fishing.
Extended data:
According to Article 6 of the Provisional Regulations on Urban Land Use Tax (promulgated by Decree No.483rd of the State Council), the following land shall be exempted from land use tax:
Directly used for production land of agriculture, forestry, animal husbandry and fishery. According to the provisions of Article 11 of the Notice of State Taxation Administration of The People's Republic of China on Inspection and Printing (Guo Shui Di Zi [1988] 15), it refers to the professional land directly engaged in planting, breeding and feeding, excluding the agricultural and sideline products processing sites and living and office land.
The vouchers that can be deducted from the input tax include:
1. Special VAT invoice;
2. Uniform invoice for motor vehicle sales;
3. Special payment letter for customs import value-added tax;
4 agricultural products purchase invoice or sales invoice;
5. Tax payment vouchers for tax payment;
6 road, bridge and gate toll invoices;
7. Passenger transport certificate. Therefore, the ordinary invoices of vegetables exempted from VAT policy obtained by general VAT taxpayers from wholesale and retail enterprises shall not be used as the vouchers for calculating the input tax deduction.
Agricultural and sideline products have different tax rates due to different status of sellers:
① Producer: selling self-produced agricultural products: it means that self-produced agricultural products sold by agricultural producers are exempt from VAT. (Including: seed production and livestock breeding in the "company+farmer" business model)
② Operator: 13% low tax rate.
③ Processors: 17% normal tax rate.
Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on exempting some fresh meat and egg products from value-added tax in circulation; Some fresh meat and egg products sold by taxpayers engaged in the wholesale and retail of agricultural products are exempt from VAT.
Fresh meat products exempted from value-added tax refer to pigs, cattle, sheep, chickens, ducks, geese and their whole or divided fresh meat, chilled or frozen meat, viscera, head, tail, bones, hooves, wings and claws.
Fresh egg products exempt from value-added tax refer to eggs, duck eggs and goose eggs, including fresh eggs, refrigerated eggs and egg liquid, yolk and eggshell separated by shell breaking.