Create a cross-border investment service system and continuously optimize the tax business environment

On October 13, the State Administration of Taxation announced that it would build a cross-border investment tax service system, "Tax Access", and release the latest version of the National (Regional) Investment Tax Guide covering 105 countries (regions), and the Report on the Development of China's Tax Business Environment (2013-2022). What benefits and convenience can the new measures bring to enterprises? What are the new changes in China's current tax and business environment? The reporter of Economic Daily interviewed tax authorities and experts and scholars.

Escort open development

Meng Yuying, Director of the Department of International Taxation of the State Administration of Taxation, introduced that the "Tax Access" service will be provided by a grass-roots service team composed of local tax authorities and an expert team composed of the State Administration of Taxation. Three mechanisms, including cross-border taxpayer communication, tax policy services and tax related claims resolution, will be established, and a national (regional) investment tax guide, "going global" tax guide 4 knowledge products, including overseas tax case base and cross-border taxpayer payer FAQ.

It is understood that "Tax Road Access" will extend tax services to the whole cycle of cross-border investment and operation, and launch 12 specific measures from four aspects: unblocked communication mechanism, provision of full cycle services, establishment of professional service teams, and innovation of knowledge products, to guide, coach and educate cross-border investment enterprises and help them improve their overseas operation and viability.

The National (Regional) Investment Tax Guide is one of the important products of "Tax Access". Since 2015, the State Administration of Taxation has been preparing and releasing this guide to help "going global" taxpayers understand the basic business environment and current tax system of the host country. In recent years, the number of "Country (Region) Investment Tax Guide" issued by China's tax authorities has increased from 3 to 105, basically covering the major countries (regions) jointly building the "Belt and Road" and other major overseas investment destinations.

Tax treaties also escort "going global" enterprises. In recent years, China has continuously expanded its tax treaty network, and has signed agreements on the avoidance of double taxation with 112 countries and regions. According to the data, from 2013 to 2022, through the mutual consultation mechanism under the tax treaties, China's tax authorities have eliminated international double taxation for taxpayers by more than 30 billion yuan.

More benefit to enterprises and people

"In recent years, the tax authorities have successively cancelled 61 tax certification matters and implemented the notification and commitment system for 6 tax certification matters. In terms of promoting the simplification of the tax handling process, they have made and issued announcements for many times, reduced the handling of taxes and fees, and realized the full process online handling of tax administrative licensing matters." Shen Xinguo, director of the Tax Service Department of the State Administration of Taxation, said.

Data changes directly reflect the results. According to the Report, there will be 185 "non-contact" tax payment matters in China in 2020, and 233 by 2022. By the end of 2022, the reduction ratio of tax business matters has reached 49%; The scope of the list of tax matters "run at most once" is expanded to 146 tax related matters in 11 categories.

The tax and business environment is also more equitable. In terms of optimizing the way of law enforcement, the tax authorities formulated and issued a list of the powers and responsibilities of the tax authorities, and implemented a nationwide unified list of "no punishment for the first violation" of tax administrative penalties. In terms of precise tax supervision, a new tax supervision system based on "credit+risk" and the basic means of "double randomness and one openness" should be established.

"Since the beginning of this year, the tax authorities have continued to carry out the" spring breeze action for the convenience of the people "and launched a series of innovative service measures to reduce links, data, time and costs, providing strong support for business entities to reduce costs and strengthen confidence." Tian Zhiwei, vice president of the Institute of Public Policy and Governance of Shanghai University of Finance and Economics, said.

Tax preference dividend direct

According to the data recently released by the State Administration of Taxation, in the first eight months of this year, more than 1.15 trillion yuan of new tax cuts, fee reductions and tax rebates were added nationwide, of which nearly 75% benefited private enterprises.

"Preferential tax policies have played a positive role in increasing employment, encouraging research and development, and promoting investment." Li Xuhong, director of the Academic Committee of the National Accounting Institute in Beijing, said that since this year, there have been many continuing tax policy projects, covering a wide range of fields, and lasting for a long time, with more prominent support for scientific and technological innovation, the real economy, and the development of small and medium-sized enterprises.

"In terms of promoting direct access to tax incentives, China has established 4219 tax label systems and an accurate push mechanism in nine categories and four levels to precisely push preferential tax policies, benefiting more than 1 billion taxpayers," Shen said.

Grass roots tax departments are the first line to implement tax preference. Xiao Youping, director of the No. 2 Taxation Office of the Beijing Haidian District Taxation Bureau of the State Administration of Taxation, said that the Taxation Office has made every effort to ensure that enterprises can fully enjoy tax benefits and dividends in a timely manner through "point-to-point" policy push and guidance, special research, door-to-door services and other ways. As of October 7, this year, the Institute has helped 419 enterprises enjoy the added deduction amount of R&D expenses, up 89% year on year.

key word: tax revenue Tax State Administration of Taxation taxation