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Plate or afterburner tax cuts, what impact on the wooden door manufacturers?

Release Time:2017年08月09日

Throughout the course of development in 2016, will most likely board enterprises with "hard" and "pressure" and other words to describe, indeed, raw material prices, rising freight, rising labor costs and so on are caused by the plate enterprise difficult situation. 2017, the Ministry of finance is embarking on fiscal policy reform, plate enterprises or afterburner tax cuts.
Board tax continued to grow
According to the research report pointed out that since 2008, Chinese macro tax burden increased steadily, the total tax revenue, enterprise burden ratio is very high, with the plate enterprises, the direct payment of value-added tax, business tax, enterprise income tax, accounting for up to 90%, not to mention other kinds of taxes. For example, resource tax, consumption tax, city maintenance and construction tax, the day before the release of the environmental tax, tax pressure is very big.
Conference presentation
In December 27, 2016 the Ministry of Finance and the State Administration of Taxation jointly held replacing business tax with value-added tax(VAT) media briefing, Deputy Minister Ministry of finance Zhang Shaochun said the positive effect will be fully open replacing business tax with value-added tax(VAT) pilot the use of government revenues "subtraction" for the benefit of enterprises "addition" and "multiplication" the vitality of the market, at the same time, Wang Jun, director of the State Administration of Taxation said 2017 replacing business tax with value-added tax(VAT) tax cuts will further expand the scale.
This means that in 2017, the tax burden of sheet enterprises is expected to decline, the face of operating pressure will be further reduced. Wooden door enterprise development can not be separated from the plate, all changes in the plate have a certain impact on the wooden door, regardless of plate prices or not, wooden door products prices are slowly rising.

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