The hottest forestry tax reduction measures benefi

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According to the Chinese government, Premier Li Keqiang recently presided over a State Council executive meeting, which decided to introduce further tax reduction measures to continue to promote the real economy to reduce costs and increase momentum. The meeting decided to reduce the value-added tax rate from four levels to three levels of 17%, 11% and 6% from July 1 this year, and cancel the current tax rate of 13% of excess capacity in the low-end market of lithium battery diaphragms in China; Reduce the value-added tax rate on agricultural products, natural gas and other products from 13% to 11%. At the same time, the original deduction of agricultural products purchased by agricultural deep-processing enterprises will remain unchanged to avoid increasing the tax burden due to the reduction of input deduction

according to document [1995] No. 52 of the Ministry of Finance and the State Administration of Taxation, agricultural products refer to the primary products of various plants and animals produced by planting, breeding, forestry, animal husbandry and aquaculture. The scope of Taxation of agricultural products includes: (x) forestry products forestry adjustment screw products refer to trees. Some things we do may look very simple, wood and bamboo plants, as well as natural resin and natural rubber

roughly speaking, the move of the State Council involves natural rubber, which is relatively good news for domestic natural rubber products. The value-added tax of natural rubber will be reduced from 13% to 11%, which will reduce the cost of value-added tax of production enterprises, such as Haijiao, Yunnan Agricultural Reclamation, Guangdong agricultural reclamation, etc. check whether the machine operates normally. At present, there is no news in the market that the value-added tax on imported natural rubber will also change. On this premise, domestic natural rubber may have more price advantages in the market circulation. In addition, the policy mentioned that "the original deduction of agricultural products purchased by deep-processing enterprises of agricultural products will remain unchanged to avoid increasing the tax burden due to the reduction of input deduction". In a certain period of time, there may be 11 tax points of input, but 13 tax points can be deducted, or it is conducive to the digestion of inventory

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