China news agency, Beijing, January 14 (Reporter Zhao Jianhua) The official announcement of the Chinese official on the 14th said that in the process of the restoration and reconstruction of Zhouqu in Gansu, tax incentives will be provided to relevant enterprises and individuals. The time span for the implementation of tax incentives can be as long as 5 years; the taxes involved include value-added tax, income tax, stamp duty, business tax, etc.
In the early morning of August 8, 2010, Zhouqu County of Gansu Province caused heavy rainfall caused by heavy rainfall, causing heavy casualties and disruption of power, transportation and communication.
The Notice of the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation on the Relevant Tax Policy on Supporting the Reconstruction and Reconstruction of Zhouqu Disasters said that the tax incentives were formulated to support the reconstruction and reconstruction of Zhouqu after the catastrophic mudslide The basic production and living conditions and economic and social development in the disaster area have been fully restored and surpassed the pre-disaster level. The Ministry of Finance has the power to formulate tax policies. The General Administration of Customs and the State Administration of Taxation have the power to levy duties such as tariffs, value-added taxes, business taxes, and income taxes.
The "Notice" stated that enterprises with serious losses in the disaster area will be exempted from corporate income tax; enterprises in disaster-stricken areas will be exempted from corporate income tax for disaster relief and disaster recovery and reconstruction, and materials will be exempted from enterprises for five years. Income tax. When the disaster-stricken areas import and restore the goods needed for reconstruction, they will enjoy preferential import tax policies.
The "Notice" stated that the donations and disaster relief funds received by individuals in the disaster area and the subsidy income received by the personnel involved in the rescue and disaster relief will be exempt from personal income tax. When building houses in the disaster area, land use tax, land value-added tax, cultivated land occupation tax, deed tax, and stamp duty are all reduced or exempted. Some industries in the disaster area, such as the recruitment of local disaster-stricken and unemployed people, will enjoy preferential policies such as deduction of business tax, urban maintenance and construction tax, education surcharge and corporate income tax.
In order to encourage the outside world to support the recovery and reconstruction after the Zhouqu disaster, the "Notice" stated that donations from enterprises and individuals to the disaster-stricken areas through officially recognized channels are allowed to be fully deducted before taxation when paying income tax. If the outside world donates goods to the disaster area, you can enjoy preferential treatment when paying taxes such as value-added tax and urban maintenance and construction tax.