Xinjiang Promulgated Financial And Tax Policies For Textile Industry Development
As soon as possible
Xinjiang
Built on the mainland, Central Asia and even Europe.
Textiles and garments
The export processing base and regional international trade center have recently issued preferential fiscal and tax policies to support the development of the textile industry.
From next year, the autonomous region will carry out technological pformation, innovation and development of downstream products, and be supported by loans from financial institutions.
Textile enterprises
We will give support to discount interest funds, and give Xinjiang cotton textile enterprises with cotton production as raw materials and sell more than 32 yarns to the mainland to give freight subsidy of 200 yuan per ton.
In order to encourage the development of textile enterprises in Xinjiang, the autonomous region will arrange funds of not less than 20 million yuan a year, and from next year, it will be exempt from 5 years' share sharing of enterprise income tax. The existing and newly established textile enterprises above the domestic scale will be exempt from 5 years of property tax and land use tax for their own land, and the key textile enterprises newly established in difficult areas can enjoy the income tax policy of "two exemption from three and half reduction".
In addition, in the process of reorganization and reorganization of state-owned textile enterprises, the overall pfer of the property rights of enterprises shall be exempted from business tax, and the business tax shall be exempted from the pfer of ownership in the process of restructuring.
At the same time, it is stipulated that tax relief should be mainly used to raise wages and technical renovation, upgrading and upgrading of products.
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