The central economic work conference, which has just concluded, put forward that we should continue to improve the structural tax reduction policy in 2012.

How will the structural tax cuts be restructured next year? Xie Xuren, Minister of finance, explained the structural improvement next year at the national financial work conference held on 25.

Lowering import tariffs and promoting industrial restructuring

As an important part of improving the structural tax cuts next year, Xie Xuren pointed out that China will reduce some imports in 2012.

The Ministry of Finance announced in mid this month that the import and export duties of China will be partially adjusted from January 1, 2012, and more than 730 will be adjusted.

Experts said that in the context of slowing global economic growth and reducing imports in some countries, China's expansion of import tax cuts will help promote industrial restructuring and expand consumption.

Small and micro enterprises get the burden again

Facing the complex domestic and international economic situation, how to reduce the burden of small and micro enterprises has always been a hot topic of social concern.

Xie Xuren pointed out that next year, we will continue to implement various policies to increase the tax burden on small and micro enterprises, such as value-added tax and business tax threshold.

To implement the preferential tax policies for small and micro enterprises, the small and micro enterprises whose annual taxable income is less than 60 thousand yuan will be reduced to 50% according to the taxable income, and the enterprise income tax will be paid at 20% tax rate.

In addition, he stressed that next year, other tax and fee waiver policies should be implemented, and unreasonable and illegitimate charges related to enterprises should be abolished.

Business tax to levy VAT steadily expand

From January 1, 2012, China will launch a pilot scheme of value-added tax on business tax in Shanghai's pportation industry and some modern service industries.

This reform helps to eliminate duplication of taxes and reduce corporate tax burden.

For this reform pilot, Xie Xuren said at the meeting that the pilot reform of business tax to VAT in some producer services areas is an important measure for China to improve the value-added tax system. China will gradually solve the problem of incompatibility between the tax policy of goods and services from the system.

He stressed that in the pportation and some modern service industries in Shanghai, the pilot scale of business tax to VAT will be expanded, and the pilot area will be steadily expanded to promote the development of the service industry, especially the modern service industry.

In addition, next year, our country will expand the scope of the pilot scale of the business tax difference of logistics enterprises, and implement the policy of urban land use tax to support the land of bulk commodity storage facilities of logistics enterprises.

The wholesale and retail sales of vegetables are exempt from VAT.

The reform of resource tax and consumption tax leads to depth.

When it comes to the reform of the tax system next year, Xie Xuren pointed out that in addition to improving the value-added tax system, we will also push forward a number of tax system reforms, such as resource tax and consumption tax, to further develop in the next year.

Xie Xuren said that next year, China will comprehensively promote resource tax reform, expand the scope of ad valorem levy in a timely manner, and promote resource conservation and environmental protection.

Conscientiously sum up the experience of real estate tax reform pilot, and steadily promote the pilot reform of property tax.

As an important measure to expand domestic demand, our country will further improve the consumption tax system, adjust the scope of the consumption tax and the structure of the tax rate, and promote the energy saving and emission reduction and guide the rational consumption.

In addition, he pointed out that next year, we should further promote the reform of urban maintenance and construction tax, study and formulate the reform plan of environmental protection tax and fee, and continue to clean up the integration of administrative and public funds and government funds in accordance with the principles of tax collection, classification and standardization.