Tax Administration: The export tax rebate in the first two months of this year increased by 20% year-on-year

Abstract On the 23rd, the State Administration of Taxation was informed that according to the latest statistics, in the first two months of this year, the actual export tax rebate amounted to 66.7 billion yuan (excluding the library), an increase of 20.8% over the same period of last year. "In contrast to the continuous decline in foreign trade exports, exports...

According to the latest statistics, in the first two months of this year, the actual export tax rebate amounted to 66.7 billion yuan (excluding the library), an increase of 20.8% over the same period of last year.
"Compared with the continuous decline in foreign trade exports, the export tax rebate still has an increase, which indicates that the national policy of raising the export tax rebate rate has begun to receive results." The relevant person in charge of the State Administration of Taxation pointed out.
Since the second half of last year, the state has successively raised the export tax rebate rate for some labor-intensive products and some mechanical and electrical products. "This makes the export of some labor-intensive products relatively small compared to the overall export." The person in charge introduced.
The person in charge also introduced that the tax rebates for the first two months of this year were mainly for exports in November, December and January of this year, and a small amount of exports in February, depending on the time of collection of corporate documents. From the data point of view, although the foreign trade export situation has not improved, but the tax rebate has increased year on year, to a certain extent, it has also eased the pressure on corporate liquidity.

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