On January 1, according to the news from Yichang Local Taxation Bureau, the local taxation of Yichang City has exceeded 20 billion RMB, reaching 20.45 billion RMB, which makes the city become the first one with its local taxation exceeding 20 billion RMB mark among the other cities and states (excluding Wuhan) in Hubei province. This is another historic leap after exceeding 10 billion RMB in 2010.
Since the construction of mega city needs strong financial support, the local taxation has become decisive force to support the local construction. In recent years, the city local taxation departments have built a strong foundation for the breakthrough of 20 billion RMB in the way of taking service as the source of tax increasing and fully releasing the effects of tax policies.
Focusing on Yichang New District, the important engine of economic growth of the city, and being oriented to the tax-related demand of the taxpayers, the local taxation departments have started the activities of serving Wujiagang Industrial Park, Xiling-the model district and the tourism industry in Dianjunqu in succession through the activities and platforms of “integrating the publicity of tax laws into projects” and “the through-train for big enterprises” to supply tax policies and tracking services for the key enterprises and projects within the district. The touring group of tax laws publicity has been to the New District monthly to carry out order style and interactive counseling on tax policies of areas which are frequently related to, including land acquisition and building relocation, projects construction, building installation. During last year, the touring group has held 22 sessions, solved more than 400 various tax-related problems for all enterprises big or small in the New District and proposed more than 1,000 pieces of rationalized suggestion to solid the legal safeguard of taxation in the area.
Regarding the development of industrial clusters as the backbone sources of taxation, the City Local Taxation Bureau drew on the experience of other cities, combined with the reality of Yichang City and thrashed out the preferential taxation policies to support and promote the development of the six 100 billion yuan industries, which have been compiled into a book and distributed to the relevant enterprises and departments to help the enterprises keep abreast of industry development policy and guidance and impulse the formation of new economic growth points. In recent years, the local taxation department has been dedicated to helping Yichang Humanwell Pharmaceutical Company obtain the high-tech enterprise certification and seeking for preferential taxation policies from Provincial Taxation Bureau, which efficiently solved the problems the enterprises encountered in their development. At present, Yichang Humanwell Pharmaceutical Company has contributed more than 100 million RMB to local taxation, ranking among the backbone sources of taxation in Yichang.
In order to meet the needs of people and consistently improve the service level, the city local tax departments creatively put forward the principals of “Three Benefits: As long as it is beneficial to the economic in Yichang growing in leaps and bounds, the enterprises developing bigger and stronger and improving the people’s livelihood, the city local tax departments should carry out the practice bravely”. They took the lead to put forward the preferential taxation policies to support the returned migrant workers and college graduates to obtain employment or start a business in the province. They took the lead to reform the examination and approval procedure into the way of accomplishing first and examining second, which improved the efficiency of tax-related examining and approving by 70%. The efficiency of processing estate transaction tax has always drawn high attention from taxpayers. After adding a new service window of Real Estate Trading Center in Huaxiang, the local tax departments created a tax guide position to be in charge of preliminarily examining and verifying the taxpayers’ tax declaration data, tax policy counseling and so on, which helped to resolve the difficulties.
After resolute implementation of structural tax reduction and annual taxation reduction of 400 million RMB for the market subjects, the normal taxpayers governed by the city have increased to 120 thousand households, which have become the practical productive forces to accelerate the city’s economy and society development. (Reporter Yang Minlong)