Following the difficult areas of Xinjiang qualified to give new businesses exempt from the profit-making year for two years, three years, half of enterprise income tax treatment, the re-introduction of the autonomous region for these companies more favorable tax policies.
October 19, reporters from regional tax departments that meet 139 http://hot-seo.net/memoria/?p=9 http://hot-seo.net/memoria/?p=7 http://hot-seo.net/memoria/?p=5 http://hot-seo.net/memoria/?p=3the requirements of the enterprise, the first production to benefit from the business income tax year, the first year to second year exemption from corporate income tax, in the third year to the fifth year corporate income tax, based on the share and then some of the local corporate income tax exemption. In other words, in these three years, part of the local share will all be exempt from income tax. This means that enterprises enjoy the preferential policies in the third to fifth year of the corporate income tax of only 7.5%. The tax burden, far lower than other regions of similar policies.
It is reported that the income tax preferential policies related to cities and counties are Tower City, Hamilton City, Qitai other 50 counties (cities), including the three southern states and other key counties for national poverty reduction and the border counties (cities).
For many industrial enterprises, the third year to five years in fact, their development of high-growth period, during which enjoy more benefits, companies will be more conducive to further expand production and accelerate development.
Currently, the regional financial, taxation, Development and Reform Commission, appointed by the letter and other departments are on the policy for further research to develop specific operational methods. To improve efficiency, reduce approval procedures, reduce the burden on enterprises, autonomous regions and the Internal Revenue Service will enjoy preferential corporate income tax management approach to the record for the year 2010 in line with incentives for new businesses, will do the taxes imposed on the tax and other follow-up to ensure that policies are in place.