财政部 海关总署 税务总局关于增值税法施行后进口环节增值税优惠政策衔接事项的公告财政部 海关总署 税务总局公告2026年第17号

Core Viewpoint - The announcement by the Ministry of Finance, General Administration of Customs, and State Taxation Administration outlines the continuation of import VAT preferential policies following the implementation of the VAT Law in China, specifically for anti-cancer drugs and rare disease medications from January 1, 2026, to December 31, 2027 [1]. Group 1: Import VAT Preferential Policies - The import VAT preferential policies for anti-cancer drugs and rare disease medications will continue to be effective from January 1, 2026, to December 31, 2027 [1]. - Other import VAT preferential policies that were in effect before the VAT Law and have expiration dates after January 1, 2026, will continue to be executed according to the original regulations [1]. Group 2: Advertising and Business Promotion Expenses - The policy allows for advertising and business promotion expenses incurred by cosmetic manufacturing or sales, pharmaceutical manufacturing, and beverage manufacturing (excluding alcoholic beverages) to be deductible up to 30% of the annual sales revenue, with the excess being carried forward for deduction in subsequent tax years [7]. - This policy extension provides stability for relevant enterprises from January 1, 2026, to December 31, 2027 [7]. - For ordinary enterprises, the deductible proportion for advertising expenses is set at 15%, while for VIP-level enterprises, it is 30% [7]. Group 3: Tax Sharing among Related Enterprises - Related enterprises that sign advertising and business promotion expense sharing agreements can deduct advertising and business promotion expenses within the sales revenue limit, either in their own accounts or allocate some or all to another party as per the agreement [9]. - When calculating the deductible limit for advertising and business promotion expenses, the amounts allocated to another enterprise will not be included in the calculation for that enterprise [10]. Group 4: Compliance and Documentation - Enterprises must confirm the deduction base for advertising and business promotion expenses, which should include deemed sales revenue as specified in the implementation regulations [11]. - Relevant tax documents, including ledgers, accounting vouchers, reports, tax payment certificates, invoices, and export documents, must be retained for a period of 10 years [11].