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中国两部门:完善增值税期末留抵退税政策
Zhong Guo Xin Wen Wang·2025-08-22 21:51

Core Points - The Chinese Ministry of Finance and the State Taxation Administration announced improvements to the VAT refund policy for end-of-period tax credits, effective from September 2025 [1] - Eligible general VAT taxpayers in specific industries can apply for monthly refunds of end-of-period tax credits [1] - Real estate developers can apply for a refund of 60% of the newly added end-of-period tax credits if certain conditions are met [1] - Other taxpayers can apply for proportional refunds based on the increase in end-of-period tax credits, with specific thresholds and rates outlined [1][2] Industry Summary - The policy targets four key industries: manufacturing, scientific research and technical services, software and information technology services, and ecological protection and environmental governance, allowing them to apply for monthly refunds [1] - Real estate developers must demonstrate a consistent increase in end-of-period tax credits over six months to qualify for refunds [1] - The refund rates for other industries vary based on the amount of newly added end-of-period tax credits, with a 60% refund for amounts up to 100 million RMB and a 30% refund for amounts exceeding that threshold [1]