长春税务：新政宣讲助力境外投资者利润投资再享惠

Core Viewpoint - The recent policy announcement by the State Taxation Administration aims to provide tax incentives for foreign investors reinvesting profits in China, enhancing the attractiveness and competitiveness of the Chinese market [1][2]. Group 1: Policy Background and Objectives - The new tax credit policy was introduced in June 2023, building on the deferred tax policy for profit reinvestment established in 2018, to encourage foreign investors to reinvest in China [1]. - The policy is part of China's broader strategy to deepen high-level opening-up and promote foreign investment [1]. Group 2: Implementation and Support - A policy briefing was held for cross-border enterprises to clarify the new tax credit policy, including its applicability, application process, and compliance requirements [1][2]. - The Long Spring Tax Bureau has initiated a "one-on-one" precise policy guidance approach for foreign enterprises, ensuring effective communication of the policy benefits [2]. Group 3: Impact and Future Steps - Since the introduction of the deferred tax policy in 2018, over 2.1 billion yuan has been facilitated in profit reinvestment by foreign investors in Changchun [2]. - Several companies, including Grammer Vehicle Interiors (Changchun) Co., Ltd., have begun the process of applying for the tax credit, indicating a positive response to the new policy [2].