My country's poultry industry tax incentives extended to the end
It is understood that the implementation period of a number of national policies to support the development of the poultry industry, including tax incentives, has been extended to December 31, 2006. After the outbreak of highly pathogenic avian influenza in some areas of China last year, the General Office of the State Council issued a number of opinions on supporting the development of the poultry industry, and issued a series of policies to support the development of the poultry industry, which stipulates that from November 1, 2005 As of June 30, 2006, the implementation of the income tax exemption for the poultry industry, the VAT is levied and refunded, and some preferential tax policies for partial reduction and exemption of local taxes have played a positive role in strengthening the prevention and control of epidemics and maintaining the stable development of the poultry industry. At present, although the highly pathogenic avian influenza epidemic has been effectively controlled, the impact of the epidemic has not been completely eliminated, the poultry product market continues to be sluggish, and the production and operation of poultry farming, processing enterprises and farmers are difficult. In order to promote the further recovery of the poultry industry, with the consent of the State Council, the time limit for the implementation of the relevant policies in the "Several Opinions" shall be appropriately extended. The relevant notice stipulates that the policy of "improving the value-added tax on the processing and sale of poultry products by poultry processing enterprises and refrigeration and freezing enterprises that are general taxpayers of value-added tax, and exempting city maintenance and construction tax and education surcharge" was extended to December 31, 2006. The income of poultry farming (including breeding poultry farming), processing, and refrigeration enterprises engaged in poultry farming (including breeding poultry farming), processing, and refrigeration of frozen poultry meat is exempted from the 2006 corporate income tax. The reduced value-added tax and income tax are borne by the current financial system. (Transfer from: Dalian New Business Daily 2006/7/24)
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