The machine tool industry is welcoming the dawn of tax reduction and tax adjustment

The company hopes that favorable policies will emerge in an endless stream and wait for the dawn of policy to enter a new round of growth. Indeed, the adjustment of the tax reduction and exemption policy aims to support international manufacturing and encourage foreign companies to promote international equipment. The implementation of this policy has made the machine tool industry covering the fog of the financial crisis see the hope of expansion.

Over the years, due to the demand of foreign-funded enterprises for the sophisticated technology of machine tools and other tools, as well as the preferential policies given by China's policies, foreign investors have always turned their arrogant eyes on the sea, resulting in a large number of outflows of funds. The adjustment of this policy also insinuates another subtext. The number of CNC machine tools in China has been temporarily matured, that is, the number of CNC machine tools and pressure forming machines that cannot meet the target requirements of international technology has been added in large numbers.

It is understood that the adjustment of the tax reduction and exemption policy is mainly to support the international manufacturing industry and encourage foreign companies to suspend the international marketing of equipment. Although it has a certain impact on the export of foreign-funded enterprises, it is undoubtedly a boon to internationally equipped manufacturing companies. Exports are no longer tax-free, and foreign companies are inevitably not affected. Adjust the policy of exempting customs duties and value-added tax for export of machine tools from foreign-invested enterprises. Foreign-funded enterprises exporting such equipment no longer enjoy tax-free concessions as they have in the past.

The machine tool industry is ineligible for tax-free "new catalog" rules 141 kinds, adding 37 kinds of "original catalog", secondary CNC-free boring and milling machining center, CNC heavy-duty horizontal lathe, CNC heavy-duty vertical lathe, CNC heavy-duty grinder, CNC gantry milling machine , CNC heavy-duty hobbing machine, CNC boring and milling machine, CNC coordinate boring machine, grinding machine, combination machine tool, gantry machining center and some specifications of straightening (flat) machine, forging press and so on. At the same time, it has also improved the technical specifications of a number of CNC machine tools and used machining accuracy as a trade-off target. For non-CNC machine tools, the "New Catalogue" has been seriously adjusted. All non-CNC machine tools are not subject to tax exemption, including non-CNC metal cutting machine tools and metal forming machine tools. A number of woodworking machinery, foundry machinery, and measuring instruments have also improved the technical specifications and expanded the inevitable tax range.