“After the resource tax reform, the tax rate dropped by 3%in one year, and the company reduced tax by 27 million yuan.” On July 8th, Wang Xing, chief accountant of Xingfa Group, showed the reporter the Phosphate Ore resource tax bill and said that company used these saved funds to update technical equipment and develop a circular economy industrial chain.
The chemical industry is one of the pillar industries of our city. We have to help them deal with both ecological questions and economic accounts under the rapid transformation of chemical companies.In recent years, the taxation department of our city help chemical companies make the transformation and long-term operation with the tax leverage.With the “subtraction” of tax dividends in exchange for the “addition” of green transformation. Hu Zhaohui, general manager of Yichang Julong Environmental Protection Technology Co., Ltd. told reporters that the company enjoyed 11 tax and fees reductions this year, and the land use tax was reduced by 60%, which provided a strong guarantee for the company to achieve the “green cycle”.
The tax leverage has “decline” and “rise”. Under the positive guidance and reverse action of environmental protection tax, enterprises actively participated in environmental protection from passive emission reduction, thus enjoying the dividend of more tax system conversion and realizing transformation and upgrading. Since 2018, Sanning Chemical has invested more than 42 million yuan in the “three wastes” treatment, and has carried out the exploration of “turning waste into treasure” such as phosphogypsum and industrial waste gas reuse. For the additional substances generated in the process of waste gas treatment - steam and LNG gas (liquefied natural gas), the enterprise also made the realization of recycle, in addition to supplying the company's own production, it will also sell surplus products to the outside, and only LNG gas can be sold 270 thousand tonsevery year and the income has broken through 100 million yuan.
According to statistics, in the first five months of this year, the city actively implemented various tax and fee reduction policies, and the taxpayers reduced tax by 1.035 billion yuan. The “decline” of tax leverage has promoted the green potential of economic development, from January to May, 134 transformed and upgraded chemical enterprises in Yichang City achieved sales revenue of 22.24 billion yuan.
Dai Yimin, secretary of the Party Committee and Director of Yichang City Taxation Bureau, said that at present, the taxation department of Yichang City is comprehensively sorting out the preferential tax policies favorable to the transformation and development of Yichang Chemical Enterprises along the river from the aspects of reform of the changing business tax into VAT , policy relocation, comprehensive utilization of resources, energy conservation and environmental protection,edited the “Guidelines for Supporting the Transformation and Upgrading of the Chemical Industry along the Yangtze River in Yichang”, and provided tax support method to ensure that enterprises enjoy tax dividends and make tax and fee reduction policies for them to achieve green transformation and high quality development.(Reporter:Chen Xi; Correspondent:Yang Kai)