The export tax rebate adjustment plan was officially launched in July, and facing difficulties will become the only option

by:Yourijiu     2021-09-06
It is reported that the export tax rebate adjustment plan will be officially introduced in July this year, which has become the default irreversible thing in the industry. The export tax rebates for high-energy, high-pollution and resource-based industries (high energy consumption, high pollution, and resource-based products) will be substantially reduced or cancelled in full, and there may even be increased resource taxes and environmental protection taxes. According to informed sources, the export tax rebate adjustment will be a structural adjustment involving many industries such as textiles and light industry. The export tax rate of some industries will be reduced by more than 2%! MicrosoftInternetExplorer402DocumentNotSpecified7.8 pounds Normal0 It is reported that the export tax rebate adjustment program will be officially introduced in July this year, which has become the default and irreversible thing in the industry. The export tax rebates for high-energy, high-pollution and resource-based industries (high energy consumption, high pollution, and resource-based products) will be substantially reduced or cancelled in full, and there may even be increased resource taxes and environmental protection taxes. According to informed sources, the export tax rebate adjustment will be a structural adjustment involving many industries such as textiles and light industry. The export tax rate of some industries will be reduced by more than 2%! This news quickly affected the sensitive nerves of the domestic light industry. According to reports, mechanical and electrical products, toys, handicrafts, bicycles, etc. are the major exporters in my country's light industry, and they are also likely to be the most direct targets after the tax rebate is reduced. Export tax rebates are the main source of profits for many light industry export companies. According to the central idea of u200bu200bthe July plan, the export of pollution, energy consumption, and low value-added light industrial products will face great difficulties. For related companies, their encounters may not only worsen the situation, but may also be devastating. Many import and export companies provide product export agency services for domestic light industry enterprises. The agency fee is very low. Export tax rebates are the main source of profit for import and export companies. Previously, due to the adjustment of the renminbi exchange rate, profits had fallen by 20 to 30%, and if the export tax rebate was lowered, many import and export companies might give up part of their export agency business because of the pressure. As a direct result, many production companies that do not have the right to operate foreign trade will face a situation where there is no way to export. So, can production companies increase agency fees to gain the favor of import and export companies? The person in charge of a toy manufacturer and export company in Guangdong said that the pressure on all parties of toy companies has been very heavy. The increase in raw material costs and the increase in export technical barriers have made the company’s profit margins very small, and there is no possibility of increasing agency fees. Big. Professor Hua Min from the Department of World Economics of Fudan University believes that the country’s reduction of export tax rebates means that the country’s taxation policy may change from encouraging exports in the past to more encouraging technological innovation. Specifically, it is to improve products. Added value. The manager of an import and export company in Shanghai said that most of the companies who hand over the products to their company for export business are labor-intensive enterprises. For these companies, technological innovation is not easy. However, international competition is very cruel, and light industry companies have no shortcuts other than facing difficulties.
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