Reborn Industrial Tycoon

The state-owned enterprise income tax of up to 55% has always been on Li Weidong's mind. Therefore, Li Weidong planned to take this opportunity to ask for a tax reduction policy.

Li Weidong said: "In order to produce this kind of linen car seat cushion, our factory invested a lot in the early stage, such as hiring university professors for research and development, technical training for employees, and purchasing imported equipment. Fortunately, the linen car seat cushion was finally sold.

, these investments are worth it.

In the specific production process, the main pressure we are currently facing is the cost of raw materials. The domestic production of flax and wool is not high, especially the flax spun yarn and pure wool we use, which are relatively expensive raw materials. We purchase raw materials

It will cost a lot of money, which will involve a problem of capital withdrawal.

If our factory were doing domestic business, we would get the money quickly after selling the things, and there would be no pressure on the return of funds. But now we are doing export business. When a batch of goods is sent to the United States, customs clearance is included.

The customs declaration takes two or three months anyway. After the other party pays, it takes a long time to settle the foreign exchange. The speed of the funds being withdrawn is really too slow.

We are just a tertiary industry garment factory. We do not have the foundation of a national-level enterprise. If the payment for goods is not received for a few months, our funds may be broken. Director Sun, to be honest, our factory was still struggling in the first few months.

We rely on borrowed money to pay wages, and even production equipment is rented. Once the capital chain is broken, our entire business may be over in an instant.

So I hope that the government can give us a policy to reduce or reduce the income tax of state-owned enterprises. It doesn’t take too long, just one year is enough. When the funds for this batch of linen car seat cushions arrive, our capital chain will be sufficient, and the operation of the enterprise will be strong.

Then there will be no difficulties.”

What Li Weidong said may be true or false.

The procurement of raw materials does occupy a large amount of working capital of garment factories, and the return of funds from foreign trade orders is indeed slow. These are all real situations.

But the so-called borrowing money to pay wages and renting equipment for production means that Li Weidong's financial situation will not be broken in a short time. It is not difficult to support the export of linen car seat cushions.

Sun Xinmin obviously does not understand the real situation of the garment factory. In Sun Xinmin's view, the garment factory is only a tertiary industry, and it is natural for it to have a weak foundation. Li Weidong cried out here and said that the return of funds is too slow and the garment factory will not be able to sustain it.

, is also very reasonable.

Sun Xinmin thought about it for a moment, then nodded: "If it is just a one-year tax exemption, I think there should be no problem in principle. After all, you are an enterprise that earned more than 3.5 million U.S. dollars in foreign exchange from exports. If you give some policies,

Support is also necessary. Let’s do this, you write a written material and I will report it to my superiors.”

It may be difficult for a large national-level enterprise to request a tax reduction, but it is much easier for a local enterprise in the tertiary industry to obtain a tax reduction policy. Sun Xinmin feels that as long as it is submitted, it will be aimed at the three hundred and fifty

The leaders have no reason not to approve the export earnings of 10,000 US dollars.

When the one-year tax reduction policy comes, Li Weidong is naturally delighted.

Corporate income tax reduction and exemption is not a policy that everyone can get. Li Weidong was able to get such a treat thanks to catching up with the good times.

In the mid-to-late 1980s, the country had been running trade deficits for many years, and its foreign exchange reserves were getting smaller year by year. Therefore, policy support for export-earning foreign exchange companies was relatively strong. As long as the companies could bring in foreign exchange, it didn't matter if the country suffered some losses.

If by the 1990s, China's trade had entered an era of surplus, export companies would at most have some export tax rebates. Coupled with some local support policies, it would be almost impossible to obtain corporate income tax reduction or exemption policies.

After the 1990s, in order to attract foreign investment, policy-based corporate income tax reductions and exemptions have almost become the privilege of foreign-funded enterprises. In addition to corporate income tax, foreign-funded enterprises also have income tax, vehicle and vessel tax, land tax, and various additional taxes.

discount.

After the super-national treatment of foreign-funded enterprises was cancelled, the state standardized corporate income tax reduction and exemption policies. For example, agriculture and animal husbandry are directly exempt from tax. Special economic zones focus on supporting enterprises with exemptions. Semiconductor companies are exempted from 2 to 3 years, and 3 years are reduced by half. Environmental protection and energy-saving enterprises are exempted from 3 years to 50%.

Policies such as tax reductions for small and micro enterprises and exemptions and reductions for ethnic minority enterprises have been introduced one after another.

By 2020, policy-based tax cuts will probably only be available to companies in the "Made in China 2025" initiative.

…

In the ceramics exhibition area, Ma Dexing held the newly signed order in his hand with a proud smile on his face.

Just now, a Chinese customer from Malaysia took a fancy to the black pottery tea cups on the display cabinet and ordered a thousand sets. These one thousand sets of black pottery tea cups also created US$10,000 in foreign exchange.

Looking at the US$10,000 figure on the contract, Ma Dexing couldn't help bragging to the people around him who knew him well.

"When the daily necessities exhibition area was cancelled, the organizer wanted to compensate me for a booth. Fortunately, I chose the ceramics exhibition area and asked for half a showcase. You see, this ten thousand US dollars in foreign exchange came! If I had not made a prompt decision at that time,

But I won’t be able to earn this ten thousand US dollars!” Ma Dexing said.

"It's pretty good that someone placed an order on the first day! According to this trend, by the time the Canton Fair ends, your half counter should be able to earn hundreds of thousands of dollars!" said a colleague next to him.

"Go for it, I'll be satisfied if I can have 100,000 US dollars in foreign exchange." Ma Dexing said with a smile.

"I said, Lao Ma, don't be modest. The black pottery you have is really good. I want to buy a few pieces after seeing them. Foreign businessmen may take a fancy to them," another person said.

Ma Dexing smiled proudly: "I'm not bragging, the quality of our black pottery products is incredible. I also know that the black pottery products are of good quality, so I specially ordered this half of the display cabinet!

You don’t know, but before this, this booth was in the daily necessities exhibition area, and it was for a hemp car seat cushion. Fortunately, the daily necessities exhibition area was cancelled, and I just took this booth back and put it on black pottery products.

If it were still that kind of car seat cushion, I'm afraid I wouldn't be able to earn even one dollar of foreign exchange! How could foreign businessmen like that kind of thing? To earn foreign exchange through exports, we have to rely on the craftsmanship left by our ancestors, and foreigners also like it.

These things.”

As Ma Dexing said this, he had already begun to think about it. When he returns to work, he must write this paragraph in his work report. The key is to highlight his calm analysis, accurate judgment, and decision-making, and ultimately lead more

Earned more than 100,000 US dollars in foreign exchange from exports.

At this moment, another familiar face walked over. This person was also from the foreign trade system, so everyone knew him.

"Everyone is here? You are so excited. What are you talking about?"

"Isn't this talking about Lao Ma's black pottery? I just sold a thousand sets and signed an order for US$10,000. Lao Zhang, what are you doing here? I haven't seen you all afternoon?"

"I went to the ministry's office and reported the work to Director Sun from the ministry!" Lao Zhang chuckled and continued: "When I went there, the ministry happened to sign an order with a foreign businessman.

One and a half million dollars!"

Hearing "three and a half million US dollars", everyone showed envious expressions. For these provincial foreign trade departments, three and a half million US dollars is really a big order.

Lao Zhang then said: "Guess, who did you sign this 3.5 million US dollar contract with?"

"How do we know this? But the person who signed the order directly with the department must be a big customer. Lao Zhang, please stop being so secretive and tell me!" someone said.

"Have you heard of Wal-Mart? The person who signed the order with the department this time is Wal-Mart's purchasing staff!" Lao Kai opened his mouth and said.

"Wal-Mart, is it the one that runs department stores in the United States? They are a big company. I heard that all Americans go to them to buy things. Wal-Mart's annual purchases are greater than our country's annual exports.

There are so many!" Someone next to me said immediately.

"So awesome! Then just leave a little of this Wal-Mart between your fingers, and it will be enough for us to complete the task of earning foreign exchange from exports!" Another person said.

Lao Zhang continued: "According to the news I received, the ministry has spent a lot of effort to invite people from Wal-Mart to come to the Canton Fair. In the past two years, we specially sent people to invite people, but they were unwilling to come. This year, we finally managed to do so."

Invite people."

“Isn’t that why I visited that thatched cottage three times?” Someone sighed, and then asked: “Old Zhang, do you know what products were purchased from that Wal-Mart?”

"Yes, tell us quickly, who was so lucky and got 3.5 million in export earnings!"

Lao Zhang chuckled and replied: "This is a burden directly signed by the ministry, and it probably cannot be counted on our provinces."

"That's right. If the ministry handles business on its own, we will definitely not be contacted." Someone nodded in agreement.

Lao Zhang continued: "But I know what products Wal-Mart purchased this time."

"What is it?" several people asked in unison.

"It seems to be called a car seat cushion. By the way, when I think about it, it's a linen car seat cushion! It's the kind that is placed on the car seat. You said that foreigners' buttocks are quite pampered, and they need something to cushion them when sitting in a car.

"The old man opened his mouth and said.

When he heard the words "linen car seat cushion", Ma Dexing's body shook violently, as if he had been struck by lightning.

"Linen car seat cushion? What is this? There seems to be no such product in our province."

“We don’t have this product in our province either.”

"This name seems a bit familiar, as if I've just heard it."

"Hey, Lao Ma, is that the hemp car seat cushion you just mentioned?"

In an instant, everyone's eyes turned to Ma Dexing.

Ma Dexing shook his head quickly: "No, it's definitely not the case. The car seat cushion I'm talking about is produced by a tertiary industry company at the prefecture level. How can a tertiary industry company earn 3.5 million US dollars in foreign exchange through exports? Besides,

Yes, there are so many products at the Canton Fair, and it’s normal to occasionally find products with similar names.”

"Lao Ma, the tertiary industry you are talking about, could it be the Qinghe Transportation Company Garment Factory?" Lao opened his mouth and asked.

"How did you know?" Ma Dexing asked subconsciously.

Lao Zhang looked at Ma Dexing with a complicated expression, stepped forward and patted him on the shoulder, as if to say, "Brother, hold on."

Others also showed sympathetic expressions. Just now, Ma Dexing was showing off the $10,000 order, but now it seems that he has lost the watermelon and gained the sesame seeds. If it were replaced with linen car seat cushions, then the three and a half million dollars would be lost.

For orders worth US dollars, Ma Dexing can at least get a share of the pie.

Ma Dexing also realized this. He looked at the $10,000 contract in his hand and almost cried.

"This was originally 3.5 million US dollars!"