The encouraged industry catalogue issued in Western China solar energy industry tax 15%

Polaris solar PV net news: on August 20, for the further implementation of the Western development strategy, promoting the adjustment of industrial structure in the Western region and development of industries with local advantages, China’s national development and Reform Commission published the catalogue of encouraged industries in the Western region, which go into effect on October 1, 2014. As early as April of this year, national development and Reform Commission told the West encourage the catalogue of industries open for comments, resulting in you can see the official presentation.

The Directory consists of two sections, is a national directory of existing industry encouraged industries, the second is added encouraged industries in the Western region. Which, in West area each province (district, and city) added encourages class industry in the, solar power, and wind power, new energy industry impressively in column, covers has back pressure type thermoelectric cogeneration unit construction and the operations, and efficient solar component technology development and the production, and wind power field construction and the operations, and solar power system construction and the operations, and relies on distributed energy of smart micro grid technology development and the application,. List each region to encourage industries are different, can be seen based on resource characteristics, geographic differences in each region to set a different direction.

Which, Sichuan, and Yunnan encourages efficient solar component technology development and the production, and material development and manufacturing; to Gansu, and Qinghai, and Xinjiang, and in Inner Mongolia, and Ningxia for representative, advocated encourages solar power system construction and the operations, wind power field construction and the operations; Yunnan, and Ningxia, and in Inner Mongolia and Xinjiang also encourages relies on distributed power of smart micro grid technology development and the application, national encourages distributed energy construction, and promoting solar, new energy local elimination na of intent at a glance.

11 Western provinces (regions and municipalities) into the directory and new energy-related projects are as follows:

Chongqing: high-voltage power transmission and control equipment development and manufacturing, energy saving and eco-friendly materials for prefabricated construction components;

Sichuan Province: high efficiency solar panel technology development and manufacturing, Nano-Graphene and graphite, biochar, carbon materials, fine structure negative electrode of lithium-ion batteries, such as the development and production of novel carbon materials;

Yunnan province: rely on smart microgrid technology development and application of distributed power, efficient solar panel technology development and manufacturing, special environments (high altitude, damp-heat, cold, heavy pollution and other environmental) power transmission, distribution and control equipment, small hydropower plants in Plateau type of electrical products, research and development and manufacturing;

The Tibet Autonomous Region: the solar photovoltaic system testing, construction and operation;

Shaanxi Province: back-pressure construction and operation of combined heat and power units;

Gansu province: back pressure type cogeneration unit construction and operation, construction and operation of the solar system, the construction and operation of wind farms, the grid system of energy-saving equipment manufacture (no-load loss decline reflected than similar products, load loss by 5%), solar heat vegetable low-temperature drying technology development and application;

Qinghai Province: back pressure type cogeneration unit construction and operation, construction and operation of the solar system, the construction and operation of wind farms;

The Ningxia Hui Autonomous Region: back pressure type cogeneration unit construction and operation, construction and operation of the solar system, the construction and operation of wind farms, relying on intelligent micro-grid technology development and application of distributed energy, large or very large data center construction and operation;

Xinjiang Uygur Autonomous Region: back pressure type thermoelectric cogeneration unit construction and the operations, solar power system construction and the operations, wind power field construction and the operations, relies on distributed energy of smart micro grid technology development and the application, wind electric unit control system, wind electric unit with new generator, and high-speed leaves, and full power converter, and variable pulp controller, and growth gear box, and spindle, and bearing, key parts, sea wind electric engineering construction mechanical development and the manufacturing;

Inner Mongolia: the backpressure cogeneration unit construction and operation, construction and operation of the solar system, the construction and operation of wind farms, relying on intelligent micro-grid technology development and application of distributed energy, high oil microalgal biomass power generation, residential small wind turbine manufacturing in pastoral areas, large or very large data center construction and operation.

According to national tax General Bulletin 2012 12th, national tax General on in-depth implementation West big development strategy related enterprise income tax problem of bulletin, since on January 1, 2011 to December 31, 2020, on set in West area to West area encourages class industry directory in the provides of industry project for business, and its when degrees business income accounted for enterprise income total 70% above of enterprise, by enterprise applications, competent tax organ audit confirmed Hou, Pay corporate income tax can be reduced by 15%. That is entering the catalog industry will impose the corporate income tax according to 15% and 25% the current corporate income tax statutory rate.

In 2012, when the State administration of taxation issued this bulletin, catalogue of encouraged industries in the Western region has not been publicized, but the announcement clearly preferential policies for enterprise income tax audit, application procedures and the level of. Enterprise applications enjoy tax concessions to enterprises to apply for the Western development, approval and confirmation by the competent tax authority management approach. Clearly for the first time the business the first year must be approved by the competent tax authorities shall review and confirm the second year and annual enterprise application of preferential conditions for changes in the future take the form of record to manage it. Specific record-keeping method is called by the State and local tax determined in accordance with the facts of the province in the Western region.

Section II of the bulletin also clearly meets the encouraged category directory business when pre-paid monthly or quarterly, in accordance with the rate of 15% declared, at the time of annual compilation, part of the enterprises of their current year income to achieve a 70%, then recalculating tax according to tax rules applicable to declare.

After a simple calculation, if PV project income tax in accordance with 15% to pay, the project capital internal rate of return of about were just 1%.

Original title: the encouraged industry catalogue issued in the Western region, and solar industries, such as the income tax 15%

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