Core Viewpoint - The article discusses the tax policy for small-scale taxpayers, specifically the reduction of the VAT rate from 3% to 1%, and clarifies that the 2% VAT reduction should not be included in the taxable income for corporate income tax purposes [2]. Tax Policy Summary - Small-scale taxpayers will have their VAT reduced from 3% to 1% [2]. - The VAT reduction effectively means that the 2% exemption is already accounted for in the taxable income for corporate income tax [2]. - An example is provided where a small-scale taxpayer with a gross sales amount of 1 million yuan would have a net sales income of approximately 990,100 yuan and a VAT liability of about 9,900 yuan [2].

Core Viewpoint - The article discusses the tax credit policy for foreign investors reinvesting in domestic companies, detailing the conditions and calculations for tax credits and liabilities associated with dividend distributions and reinvestments [4][8][10]. Group 1: Tax Credit Eligibility - Foreign investors can claim tax credits on corporate income tax if they meet specific conditions, including receiving income from the same profit-distributing enterprise and the income type being dividends, interest, or royalties [4]. - The timing of income acquisition must be after the reinvestment date to qualify for tax credits [4]. Group 2: Tax Credit Calculation - When foreign investors reinvest in currencies other than RMB, the reinvestment amount must be converted to RMB using the middle exchange rate on the actual payment date to calculate deferred dividend income tax and tax credit amounts [6]. - For example, if a foreign investor receives a profit distribution of 1,000 million USD and reinvests it, the tax credit amount can be calculated based on the exchange rate on the reinvestment date [7]. Group 3: Tax Payment and Reporting - When foreign investors withdraw investments that have enjoyed tax credits, they must differentiate whether the withdrawal meets the tax credit policy conditions and calculate the tax and penalties accordingly [8]. - The order of investment recovery should follow a specific sequence: investments that have enjoyed tax credits first, followed by those that have not but meet the conditions, and finally those that do not meet the tax credit policy [10]. Group 4: Handling Remaining Tax Credits - The tax credit policy is effective from January 1, 2025, to December 31, 2028, and any remaining tax credits after this period can still be utilized until the balance is zero [10].

Group 1 - The article discusses the procedures for handling export tax refunds, specifically the distinction between sold and unsold goods during the export process [3][9] - It outlines two scenarios for tax refund applications: one where goods are sold and unsold are separately reported, and another where all goods are reported under the same category [3][9] - The article emphasizes the importance of correctly filling out the tax refund application forms, including the specific codes for different types of tax refund applications [3][9] Group 2 - It clarifies the timeline for tax refund calculations, stating that the calculation period is from the first day of the month following the completion of the export tax refund application to April 30 of the following year [3][9] - The article notes that foreign trade enterprises have the flexibility to process tax refund calculations at any time within the calculation period, not limited to the VAT declaration periods [3][9] - It explains the implications of reduced VAT rates for small-scale taxpayers, indicating that the reduced portion of VAT should not be counted as taxable income for corporate income tax purposes [9][10]