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Preferential tax policies help leading paper companies in Zhongshan to complete technological transf

2022-07-11

"With the support of preferential tax policies, our company has increased investment to transform and upgrade technology, replaced with the latest equipment, achieved a substantial increase in production capacity, and achieved revenue of 1.212 billion in 2021!" Talking about the company's development in recent years , Deng Zhanhuan, deputy general manager of Zhongshan United Hongxing Paper Co., Ltd. (hereinafter referred to as "United Hongxing"), was smiling.

Preferential tax policies to ease the financial pressure of enterprises

Lianhe Hongxing is an old-fashioned papermaking enterprise in Shaxi Town, Zhongshan City. Its predecessor was Guangdong Zhongshan Paper Mill established in 1956. In 1995, it was transformed into a large-scale joint venture paper manufacturing enterprise, producing various paper, cardboard and paper products. With an annual production capacity of 400,000 tons, it is a leading enterprise in the paper industry in Zhongshan City.

The large amount of investment in technological upgrading and equipment replacement, and the large amount of capital occupied are the "concerns" that many companies cannot avoid when they carry out drastic reforms.

"In recent years, the state has put forward the 'double carbon' goal and advocated the use of clean energy. Considering the future development of the company, we have made up our minds to carry out technological transformation and upgrading. The financial pressure of the company has helped us relieve our worries." When it comes to the services of the tax department, Zhong Lifeng, deputy financial director of Lianhe Hongxing, couldn't help giving a thumbs up.

Complete the transformation and upgrading, and speed up the green transformation

It is understood that in order to allow enterprises to enjoy tax benefits in a timely manner and successfully complete the transformation and upgrading, the State Administration of Taxation, Zhongshan City Taxation Bureau, Shaxi Taxation Branch established a green taxation publicity team, and took the initiative to deliver "one enterprise, one policy customized gift package" to the door, from taxation From discounts to risk warnings, we provide Lianhe Hongxing with one-to-one precise counseling.

During the visit, the tax officials learned that Lianhe Hongxing had 15 disabled employees, and they promptly guided the company to enjoy the 100% deduction policy for the disabled wages and salaries of the enterprise income tax, which greatly improved the company's willingness to place the disabled. "Provide them with a job, improve their lives to a certain extent, and enterprises can also enjoy preferential policies. This is a win-win process." Zhong Lifeng said with a smile.

Under the blessing of various policies, Zhong Lifeng calculated a tax credit: only the income obtained from engaging in the comprehensive utilization of resources in 2021 in the preferential catalogue of corporate income tax, the corporate income tax will be reduced by 90% and included in the total income of the year, that is to say, the deducted income will exceed 100 million yuan. ; R&D expenses will be deducted by 37.8 million; in addition, the salary of disabled persons will be deducted by 895,300. In 2021, the final settlement of corporate income tax is expected to refund about 17.92 million. These real tax benefits and dividends not only help enterprises to revitalize their funds, but also encourage enterprises to intensify their efforts to transform to green and low-carbon.

"With the support of the tax and fee policy, we have launched the boiler technical upgrading project, 'off the shelf' of the gas boiler, and let the natural gas boiler 'on the stage', realizing the clean energy upgrade and transformation of 'coal to gas'. Starting from 2020 , we have also invested 67.5 million in equipment upgrades, the production capacity has increased by nearly 50% compared with before the transformation and upgrading, and the enterprise efficiency has been qualitatively improved."

Deng Zhanhuan introduced that after "coal to gas", the combustion efficiency is higher and the pollution emitted is less. The generated flue gas is mainly carbon dioxide, water vapor and a small amount of nitrogen oxides, and the emission of nitrogen oxides is 30 mg/m3 meters, which is lower than the emission standard stipulated by the state, and enjoys the preferential tax policy of environmental protection tax reduction.


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