A few days ago, the Ministry of Finance and the State Administration of Taxation jointly issued the "Notice on the Value Added Tax Deduction Policy for Industrial Mother Machine Enterprises" (hereinafter referred to as the "Notice"): From January 1, 2023 to December 31, 2027, value-added tax general taxpayers (industrial mother machine enterprises) who produce and sell advanced industrial mother machine hosts, key functional components, and CNC systems (advanced industrial mother machine products) are allowed to deduct an additional 15% of the input tax that can be deducted in the current period to offset the value-added tax payable by the enterprise. What are the considerations for the government to introduce targeted preferential policies to support industrial mother machine enterprises at this time?
At the same time, the direction of this tax reduction policy is very clear, which is to guide machine tool enterprises to increase research and development investment, and promote the ultimate autonomy and controllability of industrial mother machines
The industrial mother machine enterprises subject to this additional deduction policy must meet three conditions: the proportion of R&D personnel is not less than 15%, the proportion of R&D investment to sales revenue is not less than 5%, the proportion of industrial mother machine sub business revenue is not less than 60%, and the total enterprise revenue is not less than 30 million yuan.
It is not difficult to see that this tax preferential policy aims to encourage more machine tool enterprises to increase their research and development investment, accelerate the high-end and localization process of the industrial mother machine industry.
Zhejiang enterprises look forward to 'blooming flowers'
After learning about the tax reduction news, I immediately inquired about the situation with the Zhuji tax department, "said Jiang Weiyong. Yongjin Jun learned that there have been many similar consultation calls received by tax and economic information departments at all levels in Zhejiang recently.
The attention of enterprises not only positively affirms the value of policies, but also indicates the urgency for enterprises to implement policies as soon as possible.
I have been working in machine tools for decades, and this policy is indeed very strong. Moreover, the tax reduction policy is the most down-to-earth and straightforward to operate. I hope it can be implemented soon, "admitted a person in charge of a Wenling machine tool enterprise.
High end machine tools are one of the industries that Zhejiang is focusing on developing. Although the road ahead is long and arduous, it is a good opportunity to make good use of national policies to guide and promote Zhejiang machine tool enterprises to take further steps forward and narrow the gap. "Tan Dapeng introduced that under the active guidance of the country, Zhejiang University of Technology plans to list high-end industrial mother machine equipment and its key components as a new direction for the development of mechanical engineering discipline this year, with unprecedented attention.
