The implementation of new export tax rebate regulations may accidentally hurt small businesses

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New export tax rebate regulations have begun to be implemented, which may accidentally hurt small businesses

Zhang Wensong is the deputy general manager of Shenzhen Yidatong Enterprise Service Co., Ltd. His company mainly provides one-stop foreign trade services for small and medium-sized enterprises, including export tax rebates.

“Since small and medium-sized enterprises are generally short of funds, we usually advance the tax refund to them immediately, and then go to the tax department to collect the tax ourselves, and only charge a little lag period interest from the enterprise.” He told a reporter from the Financial Daily said the introduction.

On January 1 this year, the Ministry of Finance began to implement the “Notice on Certain Value-Added Tax Policies to Prevent Tax Risks” (hereinafter referred to as the “Notice”). This “Notice” clearly aims to further plug tax loopholes and prevent and crack down on illegal activities such as false issuance of special value-added tax invoices and fraudulent export tax refunds.

According to many experts interviewed by the “Financial Daily”, this notice can be regarded as an enhanced version of the strict, operable and detailed management measures to plug the loopholes in export tax rebates. If implemented in place, it will have a positive impact; but in addition On the one hand, if it is not in place, it may also affect the progress of export tax rebates, which is not conducive to trade facilitation.

In Zhang Wensong’s view, the key groups that will be affected by the “Notice” may be small and medium-sized enterprises that are more sensitive to the amount of export tax rebates. His many years of business experience have made him particularly concerned about several of these new proposals.

First of all, in the past, the price declared by export enterprises was only verified by the customs internal system during the customs declaration process. Now the national tax needs to further re-verify the price; secondly, the management of export products with agricultural products as raw materials is strengthened.

The “Notice” stipulates that if a taxpayer who produces and sells goods using agricultural products as raw materials commits a value-added tax violation, 50% of the input tax on agricultural products will be deducted from the month after the administrative penalty decision of the tax authority takes effect; illegal circumstances In serious cases, the input tax on agricultural products shall not be deducted. Specific measures will be formulated separately by the State Administration of Taxation in consultation with the Ministry of Finance.

After the export enterprise purchases goods, the taxpayer who supplies the goods is deemed to be an abnormal household by the tax authorities within 2 years of tax registration or is recognized as a general taxpayer of value-added tax and has its tax registration canceled within 2 years, and meets the following circumstances: 1. From the date of written notice from the tax authority in charge of export tax refunds, goods and services that are subject to the VAT refund (exemption) policy exported within 24 months will be subject to the VAT exemption policy.

Zhang Wensong told this reporter that export declarations using agricultural products as raw materials have always been products identified as high-risk in his company’s internal risk control system, and management and control should indeed be strengthened. “This is reflected in textiles made of cotton and furniture made of wood. Because farmers will not provide invoices to purchasers, there are easy loopholes in the VAT deduction.”

However, he has his own views on companies that have been registered and deregistered within two years, and he is worried that the policy may not be detailed enough and cause accidental damage. Zhang Wensong explained that because most small and medium-sized enterprises have low survival rates and short cycles, most of them may fail within two years of operation. Although companies that have been deregistered within two years may be mixed with leather companies, they are not the mainstream after all. Strict measures have been imposed on groups mainly consisting of small and medium-sized enterprises, but further differentiation and refinement should be required.

Huo Jianguo, director of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, also expressed concerns to reporters. He told reporters that it would be a good thing to plug loopholes and strengthen supervision. However, if the policy is too strict and not implemented in place, it will also affect the progress of export tax rebates and affect normal trade.

At present, the growth of export tax rebates from January to October 2013 was relatively slow, but the year-on-year growth in November suddenly reached more than 10%. An unnamed person told this reporter that the annual export tax rebate scale of more than 1 trillion may have put some pressure on the sluggish finances in 2013, and reaching the full-year budget target will also bring certain pressure. pressure, so the general environment requires strengthening supervision of tax fraud.

According to data released on the website of the Ministry of Finance, export tax rebates in November 2013 were 93.9 billion yuan, a year-on-year increase of 10.2%; export tax rebates in October were 68.4 billion yuan, a year-on-year increase of 1.3%. In the first three quarters of 2013, the amount of VAT and consumption tax refunds on exported goods was 772.523 billion yuan, an increase of 1.375 billion yuan over the previous year, with a growth rate of -0.2%.

Yang Xianyong, a researcher at the Academy of Finance and Economics of the Chinese Academy of Social Sciences, believes that judging from the year-on-year growth rate of the tax refund amount disclosed last year, it does not seem to support the pressure caused by excessive expenditure, but it does not rule out the pressure caused by completing the budget. In any case, the “Notice” indicates that the state will strictly manage and severely punish various typical behaviors that have long been used to defraud export tax refunds.

The act of fraudulently obtaining export tax refunds is also one of the long-standing disadvantages caused by the long-term system. Zhou Shijian, a senior researcher at the Center for Sino-U.S. Relations at Tsinghua University, told our reporter that every year a considerable number of enterprises in Guangdong Province seek tax rebates.�Utilizing pipelines in Hong Kong and Macao, imports of more than 100 billion were generated between entry and exit.

In order to regulate import and export behavior, the foreign trade authorities have repeatedly looked for solutions, but it has been difficult to eradicate this long-standing disadvantage.

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