With the implementation of a series of foreign trade stabilization policies and measures, China's foreign trade exports have maintained a positive year-on-year growth for three consecutive months since April. Behind such changes, there is an important force from taxation-data released by the State Administration of Taxation on the 29th. In the first half of this year, the taxation department launched a series of measures to increase import and export tax rebate facilitation and speed up export tax rebates to promote export tax rebates to speed up and increase efficiency. In the first half of this year, a total of 812.8 billion yuan in export tax rebates (exemptions) were processed nationwide, effectively slowing down The financial pressure of export companies has been relieved, and foreign trade companies have been "speeding up".
As the tax rebate rate increases, the tax rebate efficiency is also improving. In order to speed up the export tax rebate rate and allow foreign trade enterprises to have a stable capital flow, the taxation department has actively opened a green channel for export tax rebate, and implemented non-contact processing such as "online" and "paperless" export tax rebates. The average processing time increased by 20%. According to statistics, since the implementation of the "contactless" handling of export tax rebates on February 10, about 300,000 enterprises across the country have handled 629.6 billion yuan in tax refunds (exemptions) through "contactless" methods.
In order to ensure normal tax refunds for enterprises, the taxation department will first apply for tax refunds (exemptions) within the limit for export businesses with controllable risks, such as the first tax refund (exemption) declaration of newly established export enterprises, and perform on-site verification procedures after the epidemic is over. In the first half of the year, a total of about 11,000 new export companies across the country enjoyed the service bonus of "tolerant" processing, and received nearly 10 billion yuan in tax refunds (exemptions), which effectively reduced tax costs and timely eased the financial pressure on enterprises.
The relevant person in charge of the State Administration of Taxation said that the taxation department will continue to implement various export tax rebate policies and measures to benefit enterprises, provide foreign trade enterprises with more high-quality and efficient tax payment services, help foreign trade enterprises to move forward steadily, and boost economic quality development.