Zhang Shiping Said Cotton Textile Industry Tax Burden Has Affected The Survival Of Cotton Enterprises

< p > > the world's < a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > a target= "_blank" href= "_blank" > shoes "< > hat net" Xiaobian "for everyone to introduce is Zhang Shi Ping talking about" cotton "," "" "" "" > "textile >" industrial tax burden has affected the survival of cotton enterprises.

< /p >

< p > "I have mentioned this proposal nearly 20 times."

On the morning of 11 April, Zhang Shiping, chairman of the National People's Congress and chairman of Shandong Wei Qiao Venture Group Co., Ltd., an interview with reporters, suggested that this year's proposal is to increase the cotton deduction from 13% to 17%.

For many years, cotton textile enterprises are faced with the problem of inconsistency between input tax and output tax rate. The tax burden of cotton textile enterprises is heavy and the profit is small, which directly affects the employment and income increase of farmers.

< /p >

Zhang Shiping, chairman of the National People's Congress and chairman of Shandong Wei Qiao Venture Group Co., Ltd., an interview with reporters, suggested that we should solve the problem of high value-added tax and low deduction in cotton textile enterprises. P

< /p >

< p > "I have mentioned this proposal nearly 20 times."

On the morning of 11 April, Zhang Shiping, chairman of the National People's Congress and chairman of Shandong Wei Qiao Venture Group Co., Ltd., interviewed by the mass net reporter, suggested that the cotton deduction should be raised from 13% to 17% this year.

For many years, cotton textile enterprises are faced with the problem of inconsistency between input tax and output tax rate. The tax burden of cotton textile enterprises is heavy and the profit is small, which directly affects the employment and income increase of farmers.

< /p >

< p > "the first time I put forward this proposal was at the nine session of the National People's Congress in 1998.

I think the value-added tax of cotton spinning enterprises is unreasonable.

As the head of the largest cotton textile enterprise in the world, Zhang Shiping, speaking of his recommendations this year, said that the current tax rate deduction for cotton textile enterprises in the current value-added tax deduction is 13%, and the final product's sales tax rate is 17%, which means that the tax rate of the final product is 17%. This means that even if the cotton textile enterprises do not realize the value added, the cotton purchased will be sold at the original price, and they will still have to bear 4% of the tax revenue, and the burden of the enterprise tax burden is very heavy. "A" href= "cotton tax" is the most important part of the cotton textile business.

< /p >

< p > Zhang Shiping introduced that this problem existed for a long time, mainly because of the early effect of the late 90s and early twenty-first Century of the last century, when China's cotton market was liberalized and joined the WTO, the cotton textile market situation was better, the profit rate of the enterprises was relatively high, and 4% of the unreasonable taxes and fees generated by high taxes and low deducting could still be borne.

But at present, the price advantage of labor and raw materials is no longer there. The market competition is increasingly fierce and the profit is very small. Coupled with this unreasonable tax policy, it directly affects the survival of the cotton textile industry. The whole industry has a strong voice to solve the problem of high taxes and low taxes.

< /p >

< p > "now other agricultural and sideline products including corn have solved this problem, only cotton has not yet been solved."

Zhang Shiping said that in recent years, the price per ton of cotton in China has been three to five thousand yuan higher than that in foreign countries, and foreign veils and cotton germ cloth have occupied the domestic market, making domestic cotton textile enterprises, especially small and medium-sized enterprises, more difficult and the domestic market gradually losing.

< /p >

< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Zhang Shiping < /a > suggested that the state should introduce policies as soon as possible to implement a unified tax on cotton textile industry, and increase the cotton production deductible from 13% to 17%, so that the input and output tax rates should be identical and identical.

After the implementation of the policy, it can give cotton textile enterprises a more relaxed development environment, improve the international competitiveness of the industry, speed up the technological progress and structural adjustment of cotton textile industry, and lay the foundation for improving the income of workers in labor-intensive industries, so that enterprises can have a significant increase in the wages of workers, improve the employment level of migrant workers, and increase farmers' income.

< /p >