Core Viewpoint - The large-scale VAT tax refund policy implemented on April 1 has already shown significant effects in alleviating the financial burden on enterprises, with a total of 9,248 billion yuan refunded to taxpayers in the first four months of the year [1][3]. Group 1: Tax Refund Data - In April, 8,015 billion yuan of VAT refunds were issued to 1.452 million taxpayers, with an additional 1,233 billion yuan refunded under the previous policy in the first quarter [1]. - Small and micro enterprises benefited the most, with 139.5 million small businesses receiving 4,189 billion yuan in refunds, accounting for 52.3% of the total [2]. - Six key industries, including manufacturing and utilities, saw 392.7 billion yuan refunded to 52.2 million taxpayers [2]. Group 2: Policy Enhancements - The new policy focuses on small and micro enterprises and manufacturing, with three enhancements: expanding the scope of refunds, increasing the refund rate to 100% for certain sectors, and accelerating the refund frequency to a monthly basis [2]. - The policy allows for both incremental and stock VAT refunds for small and micro enterprises and six key industries, enhancing financial support [2]. Group 3: Economic Impact - The VAT refund policy is a key measure for stabilizing the macro economy, with an estimated 1.5 trillion yuan in new refunds in 2022 [3]. - The policy is expected to boost enterprise confidence, stimulate market activity, and support high-quality development of the real economy [3]. - The Ministry of Finance has allocated 1.2 trillion yuan in special funds to support local implementation of the VAT refund policy, ensuring stable financial operations at the county level [3].
大规模留抵退税 首月“落袋”8015亿元
Xin Hua Wang·2025-08-12 06:27