Group 1 - The article provides a step-by-step guide for businesses to log into the electronic tax bureau's website and access tax reduction reports [2][3]. - It details the process of selecting tax reduction items and the required documentation for tax benefits, emphasizing the importance of accurate data submission [4][5]. - The source of the information is from the National Taxation Bureau of Jining City and related authorities, indicating official guidance on tax reduction procedures [6].

Core Viewpoint - The article discusses the process and requirements for submitting special additional deductions for personal income tax, emphasizing the importance of timely and accurate reporting to tax authorities [2][3][4]. Group 1: Special Additional Deductions - Special additional deductions must be submitted annually, including categories such as child education, continuing education, major medical expenses, housing loan interest, housing rent, and elderly care [2]. - The article outlines the steps for modifying and submitting housing loan interest deductions, indicating that individuals can either report through their withholding agent or self-report annually [3][4]. Group 2: Reporting Process - The reporting process involves selecting the appropriate withholding agent and confirming modifications to the deduction information, which can be adjusted if the individual changes jobs [3]. - If the new employer's information does not appear in the personal income tax app, individuals are advised to contact their new employer to ensure that employment information is reported correctly to tax authorities [4].

Core Viewpoint - The "Six Taxes and Two Fees" preferential policy is not exclusive to small and micro enterprises, and it applies to small-scale VAT taxpayers, small micro-profit enterprises, and individual businesses from January 1, 2023, to December 31, 2027 [1][2]. Group 1: Eligibility for "Six Taxes and Two Fees" Preferential Policy - Companies that are determined to be small micro-profit enterprises after annual income tax settlement can enjoy the "Six Taxes and Two Fees" preferential policy from July 1 of the settlement year to June 30 of the following year [2][3]. - Newly established enterprises registered as general VAT taxpayers can apply for the "Six Taxes and Two Fees" preferential policy if they meet specific conditions, including having fewer than 300 employees and total assets not exceeding 50 million [4]. Group 2: Transition from Small Micro-Profit Status - If a company no longer qualifies as a small micro-profit enterprise, it must stop applying for the "Six Taxes and Two Fees" preferential policy. However, if it remains a small-scale VAT taxpayer, it can still apply for the preferential policy [2][4]. - Non-small micro-profit enterprises that transition from small-scale VAT taxpayers to general VAT taxpayers will no longer enjoy the preferential policy from the effective date of the change, but they can still benefit from the policy for the tax periods before the transition [4]. Group 3: Interaction with Other Tax Policies - Small-scale VAT taxpayers, small micro-profit enterprises, and individual businesses that have already enjoyed other preferential policies can still cumulatively benefit from the "Six Taxes and Two Fees" preferential policy [5]. - The calculation base for the "Six Taxes and Two Fees" reduction is the taxable amount after deducting any existing tax reductions [5]. Group 4: Correction of Tax Declarations - Taxpayers who fail to timely declare for the "Six Taxes and Two Fees" preferential policy can correct or void their declarations through the electronic tax bureau, but they must do so in full rather than making partial corrections [6][9].

Core Viewpoint - The article discusses a new tax credit policy for foreign investors in China, effective from January 1, 2025, to December 31, 2028, aimed at stabilizing foreign investment and encouraging reinvestment of profits [1]. Policy Highlights - The new policy allows foreign investors to offset 10% of their taxable income against the amount invested in direct investments in China from profits distributed by Chinese resident enterprises during the specified period [2][3]. - The policy emphasizes that the profits must come from actual distributions, such as dividends, and not from retained earnings [2]. Core Conditions - **Profit Source**: Profits must be derived from actual distributions of retained earnings from Chinese resident enterprises [2]. - **Investment Method**: Investments must be direct, including capital increases, establishment of new resident enterprises, or acquisition of equity from non-related parties [3]. - **Investment Industry**: The invested enterprises must belong to the encouraged categories listed in the "Encouraged Foreign Investment Industry Directory" [5]. - **Holding Period**: Foreign investors must hold their reinvested assets for at least 5 years (60 months) [7]. - **Direct Fund Flow**: Profits used for direct investment must be transferred directly without intermediary accounts [8]. Comparison of New and Old Policies - The new policy introduces a tax credit in addition to deferred tax benefits, allowing for a 10% tax offset based on the investment amount [10]. - The scope of eligible investments is narrowed to only those in encouraged industries, unlike the previous policy which allowed broader investment options [10]. - A mandatory 5-year holding period is introduced, with penalties for early withdrawal affecting tax credits [10]. Additional Notes - Foreign investors can apply for retroactive tax credits for eligible investments made between January 1, 2025, and the announcement date of the policy [11]. - The taxable amount that can be offset includes dividends, interest, and royalties received after the reinvestment date [11].

Group 1 - The article discusses the process of using the electronic tax bureau app for simplified confirmation tax declaration, highlighting its user-friendly features [2][3]. - It outlines the steps for taxpayers to verify and adjust their tax data before submission, ensuring accuracy in the reporting process [2][3]. - The article emphasizes the importance of confirming the data and completing the submission process by acknowledging responsibility, which is crucial for successful tax declaration [3]. Group 2 - The support unit for this initiative is the State Taxation Administration of Shaoguan City, indicating a structured approach to tax management [4]. - The article encourages readers to engage with the platform for learning and sharing experiences, promoting a collaborative environment for tax-related knowledge [4].

Core Viewpoint - The article provides a detailed guide on the process of reporting bank account information to tax authorities, emphasizing the importance of timely and accurate reporting for businesses and individuals engaged in tax obligations [5][6][16]. Group 1: What is Bank Account Reporting? - Bank account reporting refers to the requirement for taxpayers to report all bank account information to tax authorities after opening or changing bank accounts during their business operations [5]. Group 2: Reporting Timeline - Taxpayers must report their bank account information to the tax authorities within 15 days from the date of opening a basic or other bank accounts, or within 15 days from the date of any changes to existing accounts [7]. Group 3: Reporting Process - The reporting can be completed through the electronic tax bureau by navigating to the "Comprehensive Information Reporting" section and selecting the "Bank Account Reporting" module, where users can add, change, or cancel account information [8][9]. - To add a new bank account, users must fill in details such as bank account number, account name, and opening date, and then submit the information [9]. - After submission, users can view or download the "Taxpayer Bank Account Reporting Form" and proceed to sign a tripartite agreement if necessary [11]. Group 4: Changing and Canceling Accounts - If a bank account needs to be changed, users can select the "Change" option under the corresponding account information. If a tripartite agreement has not been signed, all bank account information can be modified [13][14]. - If a tripartite agreement has been signed, only the account name, change date, and preferred tax payment account can be modified [15]. - To cancel a bank account, users can select the "Cancel" option and confirm the cancellation date [15][16]. Group 5: Applicability - The bank account reporting requirement also applies to withholding agents, entrusted collection parties, and individuals who are responsible for tax payments [16].

Core Viewpoint - The announcement from the Ministry of Finance and the State Taxation Administration outlines adjustments to the consumption tax policy for ultra-luxury automobiles, aiming to guide reasonable consumption and reflecting changes in the market environment [1][3]. Group 1: Tax Policy Adjustments - The scope of ultra-luxury automobiles subject to consumption tax is adjusted to include passenger cars and light commercial vehicles with a retail price of 900,000 yuan (excluding VAT) and above, regardless of the power type, including pure electric and fuel cell vehicles [1][2]. - For ultra-luxury automobiles that do not have cylinder capacity (such as pure electric and fuel cell vehicles), consumption tax will only be levied at the retail stage [1]. - The sale of second-hand ultra-luxury automobiles will not be subject to consumption tax, defined as vehicles that have completed registration and are sold before reaching the national mandatory scrapping standard [1][2]. Group 2: Implementation Timeline - The new regulations outlined in the announcement will take effect on July 20, 2025 [3].

Core Viewpoint - The article discusses the tax implications for companies and individuals receiving dividends and equity investment income in China, highlighting the conditions under which these incomes may be exempt from corporate income tax and personal income tax [3][4][5]. Group 1: Corporate Income Tax on Dividends - Resident enterprises can enjoy exemption from corporate income tax on equity investment income received from other resident enterprises if certain conditions are met [4][5]. - The exemption does not apply to investment income from publicly issued and listed stocks held for less than 12 months [10][11]. Group 2: Personal Income Tax on Dividends - Individuals holding stocks for over one year are exempt from personal income tax on dividends received from publicly issued stocks [6][7]. - For stocks held for less than one month, the full amount of dividend income is subject to personal income tax, while for holdings between one month and one year, only 50% of the income is considered taxable [6][7]. - The applicable tax rate for personal income tax on dividend income is 20% [6]. Group 3: Documentation and Compliance - Companies must retain specific documentation related to dividend income, including the latest company bylaws and profit distribution resolutions, to comply with tax regulations [18]. - Failure to maintain required documentation may lead to risks associated with tax compliance [18].

Employment Procedures for Graduates - Graduates with confirmed employment should sign labor contracts promptly and follow up on social security contributions, as well as complete household registration and organizational relationship transfer procedures within the stipulated time [2][3] - Graduates without confirmed employment can retain their household registration and archives at the school for two years or transfer them to their original household registration location. They can register for job search services at local employment agencies or online platforms to access job information and career guidance [3][5] Archive Management - Archives should not be personally retained; they must be managed by educational institutions or relevant employment agencies. If a graduate has their archive, they should contact their original school for proper transfer [4][5][6] Labor Contract Essentials - Labor contracts must include essential clauses such as the employer's name, employee's details, contract duration, job description, working hours, salary, social insurance, and other legal requirements. Additional terms like probation, training, and benefits can also be included [7][8] Social Insurance and Housing Fund - The "Five Insurances and One Fund" include pension, medical, unemployment, work injury, maternity insurance, and housing provident fund, which provide various forms of financial support. The contribution rates for these insurances vary by region and should be verified before signing a labor contract [9]

Core Viewpoint - The article highlights the launch of a new online service for tax-related professional service institutions to handle social security business through the electronic tax bureau, streamlining the process and enhancing efficiency [2]. Group 1: Introduction of New Features - The electronic tax bureau now allows professional service institutions to manage the entire process of social security business online, saving time and effort [2]. - A step-by-step guide is provided for institutions to utilize the new features effectively [2]. Group 2: Steps for Implementation - Step 1 involves the professional service institution logging into the electronic tax bureau and accessing the agreement management section to collect necessary information [2]. - If there is no existing agreement for tax declaration agency services, institutions must create a new record and select "social security fee business" as a functional permission [5]. - If an agreement already exists, institutions can edit the agreement to add "social security fee business" as a functional permission [5]. Group 3: Troubleshooting and Final Steps - If the option for social security fee business does not appear in the dropdown menu, institutions are advised to clear their browser cache [6]. - The client must log into the electronic tax bureau, confirm the agreement information, and complete the data collection process [8]. - Step 3 details the process for agents to log in and select the client company to proceed with social security business [9]. Group 4: Accessing Social Security Services - Agents can access the social security system through the "hot services" section or directly via the tax business menu [10].