The government helps enterprises develop through many subsidies, thus realizing the strategic needs of the country. Specific policies, such as financial allocation, are the money allocated by the government to support enterprises free of charge. Financial discount refers to the subsidy given by the government to the bank loan interest of the loan-bearing enterprises in order to support the development of specific fields or regions according to the national macroeconomic situation and policy objectives. There are two main ways of financial discount: 1. Finance will directly pay the discount interest funds to the beneficiary enterprises; 2. The finance will directly allocate the discount interest funds to the lending bank, and the lending bank will provide loans to the enterprise at a preferential policy interest rate lower than the market interest rate. Tax refund is the tax returned by the government to enterprises, which belongs to a subsidy given by the government in the form of tax incentives. The tax refund mainly includes income tax and turnover tax, among which turnover tax includes value-added tax, consumption tax and business tax.

legal ground

Article 11 of the Law on the Promotion of Small and Medium-sized Enterprises in People's Republic of China (PRC) implements a tax policy that is conducive to the development of small and micro enterprises, and implements measures such as deferring, reducing or exempting enterprise income tax and value-added tax for qualified small and micro enterprises in accordance with regulations, simplifying tax collection and management procedures, and reducing the tax burden of small and micro enterprises.