Guangzhou will formulate the implementation measures and application guidelines for the implementation of Nansha's tax preferential policy

The Guangdong Provincial Department of Finance and the State Administration of Taxation, the Guangdong Provincial Taxation Bureau of the State Administration of Taxation, recently issued the "Notice of the General Administration of Taxation of the Ministry of Finance on the Personal Income Tax Policy of Guangzhou Nansha" (Yuecai Tax [2022] No. 30). The notice of personal income tax preferential policies "(Cai tax [2022] No. 29) forwarded and put forward the implementation opinions, the preferential policy of personal income tax in Guangzhou Nansha was rapidly refined and implemented. On August 19th, the reporter learned from the Guangzhou Municipal Finance Bureau that the bureau will formulate the implementation measures and declaration guidelines for the preferential tax policy of Nansha personal income tax in the next step, which clearly comes from the definition method obtained from Nansha, the identity conditions of the preferential identity, and the calculation method of personal tax burden. In other matters, the preferential policies of Nansha's personal income tax have taken effect in Nansha.

It is reported that the preferential policy of personal income tax issued by the Ministry of Finance and the State Administration of Taxation is a supporting policy for the "Notice of the State Council's General Plan for the General Plan for the Overall Plan of the Guangdong -Hong Kong -Macao Comprehensive Cooperation of Guangdong, Hong Kong and Macao, which is deepened by the State Council. The policy quickly introduced the "Hong Kong and Macao residents working in Nansha" in Nansha, which exempts its personal income tax burden over the Hong Kong and Macao tax burden "to get efficient and clear, and the implementation opinions of the provincial fiscal and taxation departments quickly catalyzed the provincial financial and tax departments. The implementation of policy implementation is conducive to reducing the actual tax burden on Hong Kong and Macao residents working in Nansha, Guangzhou, and creating conditions for the living and working environment of Hong Kong and Macao residents to build a living and work environment for Hong Kong and Macao residents. The development opportunities come to better integrate into the overall national development situation and actively participate in national construction.

The Guangzhou Municipal Bureau of Finance stated that the next step will be strengthened to strengthen policy research, formulate measures and declaration guidelines for the implementation of preferential tax policies in Nansha, and clearly derive the methods such as the definition of Nansha, the identity conditions of the preferential discount, the calculation method of personal tax burden, and promote it. Nansha's personal income tax preferential policy has taken effect in Nansha, allowing more Hong Kong and Macao residents to enter Nansha and take root in Nansha.

According to the preferential tax policies of Guangzhou Nansha's personal income tax issued by the Ministry of Finance and the State Administration of Taxation, the policy target for the preferential policies is Hong Kong and Macao residents working in Nansha, Guangzhou. The policy has included Hong Kong and Macao residents from the comprehensive income of Nansha in Guangzhou (including wage salary, labor remuneration, manuscript remuneration, and franchise fees), business income, and subsidy income of talents identified by local governments into the preferential scope. At the same time, the policy clarifies that Hong Kong and Macao residents enjoy preferential policies when the personal income tax is settled, further simplifying procedures, clarifying steps, and greatly enhancing the sense of gain and happiness of Hong Kong and Macao residents.

Text/Guangzhou Daily · Xinhua City Reporter: He Ying Si Correspondent: Sui Caixuan Title Picture/Guangzhou Daily · Xinhua City Reporter: Su Junjie Guangzhou Daily · Xinhua City Editor

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