First, expand the scope of preferential corporate income tax policies for small and micro enterprises:

During the period from 20 17 to 20 19, the upper limit of annual taxable income of small and low-profit enterprises increased from 300,000 yuan to 500,000 yuan. Further promote the friendly development of small and micro enterprises. ?

Two. Further simplification of VAT rate structure;

From July 20 17/day, the value-added tax rate will be adjusted from the original four grades to three grades of 6%, 11%and 17%, and the tax rate of 13% will be cancelled; Reduce the original tax rate of agricultural products, natural gas and other industries to 13%+0%. At the same time, the original deduction for the purchase of agricultural products deep processing enterprises remains unchanged, so as to avoid increasing the tax burden due to the reduction of input deduction. ?

Third, the research and development expenses of small and medium-sized science and technology enterprises are further optimized:

From 20 17 to 20 19, the proportion of R&D expenses before income tax of small and medium-sized enterprises in science and technology increased from 50% to 75%. ?

The fourth is to carry out pilot projects in eight comprehensive innovation and reform pilot zones in Beijing, Tianjin, Hebei, Shanghai, Guangdong, Anhui, Sichuan, Wuhan, Xi and Shenyang and Suzhou Industrial Park. Starting from June 5438+1 October1this year, venture capital enterprises that invest in seed-stage and start-up technology-based enterprises can enjoy the preferential policy of deducting taxable income by 70% of their investment; Investment within 2 years before the policy takes effect can also enjoy the aforementioned preferential treatment. ?

5. Starting from July 1 this year, the expenses of individuals purchasing qualified commercial health insurance products are allowed to be deducted before tax according to the annual maximum limit of 2,400 yuan. ?

6. Extend some preferential tax policies that expire at the end of 20 16 to the end of 20 19, including halving the urban land use tax on the land for bulk commodity storage facilities owned by logistics enterprises.

Extended data:

As VAT is subject to the system of tax deduction with special VAT invoices, it requires taxpayers to have a high level of accounting, which requires accurate accounting of output tax, input tax and tax payable.

But the reality is that many taxpayers can't meet this requirement, so the Provisional Regulations on Value-added Tax in People's Republic of China (PRC) divides taxpayers into general taxpayers and small-scale taxpayers according to their business scale and sound accounting.

General taxpayer:

(1) Taxpayers who produce goods or provide taxable services are mainly taxpayers who produce goods or provide taxable services (that is, the annual sales of taxpayers' goods or provide taxable services account for more than 50% of taxable sales) and concurrently engage in wholesale or retail of goods, with annual taxable sales exceeding 500,000;

(two) engaged in the wholesale or retail business of goods, the annual taxable sales of more than 800 thousand yuan.

Small-scale taxpayers:

(1) Taxpayers engaged in the production of goods or providing taxable services, and taxpayers whose main business is the production of goods or providing taxable services (that is, the annual sales of taxpayers' goods or services account for more than 50% of the annual taxable sales) and concurrently engage in the wholesale or retail of goods, with the annual taxable sales (hereinafter referred to as taxable sales) below 500,000 yuan (inclusive).

(2) Taxpayers other than those mentioned above have an annual taxable sales of less than 800,000 yuan (inclusive).

Special provisions:

(a) General taxpayers who sell the fixed assets that they have used, which are not allowed to be deducted from the input tax as stipulated in Article 10 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC), shall be subject to value-added tax at a reduced rate of 2% according to the simple method.

(2) Small-scale taxpayers selling their used fixed assets shall be subject to VAT at a reduced rate of 2%.

(3) General taxpayers who sell the following self-produced goods can choose to calculate and pay VAT at the rate of 3% according to the simple method:

1. Power produced by small hydropower units at and below the county level. Small hydropower units refer to small hydropower units with installed capacity below 50,000 kilowatts (including 50,000 kilowatts) built by various investors.

2. Sand, soil and stones used for building and producing building materials.

3. Bricks, tiles and lime continuously produced by digging sand, soil, stone or other minerals (except clay solid bricks and tiles).

4. Biological products made of microorganisms, microbial metabolites, animal toxins, human or animal blood or tissues.

5. Tap water.

Commercial concrete (limited to cement concrete produced with cement as raw material).

Reference: Li Keqiang presided over the the State Council executive meeting: introducing further tax reduction measures-Xinhuanet