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Partial import zero tariff! Pratt & Whitney tax cuts...2019 printing and packaging industry

Feb 16, 2019 Leave a message

Partial import zero tariff! Pratt & Whitney tax cuts...2019 printing and packaging industry

We are a big printing company in Shenzhen China . We offer all book publications, hardcover book printing, papercover book printing, hardcover notebook, sprial book printing, saddle stiching book printing, booklet printing,packaging box, calendars, all kinds of PVC, product brochures, notes, Children's book, stickers, all kinds of special paper color printing products, game cardand so on.

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The curtain of 2019 is being opened, and the printing and packaging industry will usher in a new development. In order to better promote the development of the industry, the state and relevant departments have successively introduced relevant policies to support and encourage enterprises to operate better. What other policy red envelopes will benefit printing and packaging companies in 2019? 


Some imported printing equipment will achieve zero tariff in 2019


On December 22, 2018, the Customs Tariff Commission of the State Council issued a notice on the adjustment plan for the provisional tax rate for imports and exports in 2019. Since January 1, 2019, the import and export tariffs for some commodities have been adjusted. Regarding the printing industry, tariffs on some printing equipment will be lowered, and imports of some printing equipment will even achieve zero tariffs. This is a major positive for the vast export-oriented printing and packaging enterprises in the coastal areas. The adjustment of the tax rate of printing related products in the MFN Tax Rate Table for some information technology products: This tax code contains hundreds of products, among which the printing industry related adjustments mainly include printing plates, prepress equipment, digital printing equipment. , as well as printing spare parts and auxiliary equipment, and tariffs on these products are lowered again.


Small and micro enterprises have implemented inclusive tax relief policies!


Further increase the corporate income tax incentives and relax the standards of small and small enterprises. The Notice on Implementing the Inclusive Tax Deduction Policy for Small and Micro Enterprises came! For small-scale taxpayers with a monthly sales of less than 100,000 yuan (including the number), the value-added tax shall be exempted from VAT; for the small-profit enterprise, the annual taxable income shall not exceed 1 million yuan, and the tax shall be taxed at 25%. The income shall be subject to the enterprise income tax at a rate of 20%; for the portion of the taxable income of more than 1 million yuan but not more than 3 million yuan, 50% shall be included in the taxable income, and the enterprise income tax shall be paid at the rate of 20%. .


Central bank inclusive financial orientation


On the evening of January 2, the central bank issued a message saying that since 2019, the inward financial standard for small-scale and micro-enterprise loans will be adjusted from “single household credit less than 5 million yuan” to “single household credit less than 10 million yuan”. yuan". This will help expand the coverage of the inclusive preferential policies of inclusive finance, and guide financial institutions to better meet the loan needs of small and micro enterprises, so that more small and micro enterprises benefit. This move has expanded the coverage of institutions that meet the standards for targeted RRR reductions. It also means that not only institutions that did not meet the scope of targeted RRR reductions are expected to make up the “reduce” benefits, which means that the coverage of targeted RRR reductions will be further expanded.

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