loading
Home   |   News   |  

Securities Times: Pay attention to taxation potential, local government investment promotion e -cigarette enterprises

Securities Times: Pay attention to taxation potential, local government investment promotion e -cigarette enterprises

2022-11-05

Legashed the heavy taxes on the electronic cigarette industry and allowed local governments to see a good "money scene". Many local governments were attracting electronic cigarette companies to build factories to increase local taxes. Electronic cigarette companies can also obtain policy convenience provided by local governments and obtain capacity permits.


Recently, senior tobacco experts Li Youqiang encountered a lot of local governments who came to consult. I hope to introduce the enterprise to build a factory. Some local governments even propose to be out of the place for free. The government can invest in the shares. In the name, it is convenient to obtain permission in the construction of electronic tobacco factories.


Guo Xiaoyu, two co -founder of the superior co -co -founder, said that before the introduction of the electronic cigarette tax, some local governments asked her how to attract investment in electronic cigarette companies, such as what kind of local policies to provide attraction, and now consult the investment.


At present, the proportion of electronic cigarette consumption tax levied by production links is 36%and the circulation links are 11%. The production link is levied by the factory where the factory is located.


It is worth noting that local governments favored electronic cigarette processing and brand vendors, mainly domestic sales. These companies have more tax taxes, and export exports cannot get taxes.


The consumption tax is a national tax, and 100%is included in the central government treasury. Why is the local government so enthusiastic?


This is because after the consumption tax on the local area, and other taxes paid to the central government into the state treasury, the central government will have a certain percentage of transfer payment, and the proportion of transfer payment in different regions will be different.


For example, there are often some places to disclose the list of taxpayers. If there are cigarette factories in the place, there will be generally shortlisted. There will be local tobacco monopoly companies. The taxes contributed by tobacco business are very tempting. These taxes from local governments need to be paid, but after the payment is paid, there will be a certain percentage of return.


Li Youqiang introduced that the tax amount of cigarette factories in some local cigarette factories in Yunnan was tens of billions of yuan. After returning a certain percentage, the local financial day can also live well.


In addition to the indirect division of consumption tax, the local area can also obtain indirect and direct division from VAT and corporate income tax.


The traditional cigarette industry has developed for many years, and the pattern has been solidified. It is difficult for local governments without cigarette factories to fight. However, the electronic cigarette industry has not yet solidified. It is still developing and provides local governments with opportunities.


my country implements a tobacco monopoly system. Electronic cigarettes are managed by reference. Electronic cigarettes are newly built factories. Increasing production capacity and sales require approval. Local governments, especially local governments with tight taxes, will work in the policy game. Policy convenience.


Guo Xiaoyu said that the competitive pattern of the e -cigarette industry is still difficult to speculate that it depends on the investment strategy and game results of governments in various governments. The e -cigarette industry will be a large cake in the future. The addition of local governments can provide support for domestic brands. Changes.


At present, according to the domestic cigarette sales amount approved in China, about 10 billion yuan of taxes can be levied, which is equivalent to less than 1%of the tax amount of traditional cigarette companies in my country, and the tax scale is not large. However, the electronic cigarette industry is still developing rapidly. At present, it has only encountered some difficulties because of policy reasons. Electronic cigarettes are still very low in my country's tobacco consumption ratio. There is still a lot of space in the future. In the long run, electronic smoke companies will contribute a lot of taxes. Essence


At present, my country's electronic cigarette companies are mainly concentrated in the two -hour transportation circle in Shenzhen and Dongguan, and now there is a trend of diffusion. In May of this year, the People's Government of Yuhui District, Anhui Province and Shenzhen Yuewu Technology Co., Ltd. signed a total investment of 1.5 billion yuan of YOOZ electronic cigarette intelligent manufacturing base projects. Among them, the total investment of the first phase of the project is 200 million yuan, which mainly builds an annual output of 80 million electronic atomizing module product production lines.


Lixun Precision established a wholly -owned subsidiary Lixun Electronic Technology (Enshi) Co., Ltd. in Enshi, Hubei in May last year, to produce electronic cigarettes.


In Guangdong Province, there is also a trend of decentralization. For example, Huizhou BYD has obtained a license to a tobacco monopoly manufacturer, as well as Jiangmen, Zhongshan, and Zhuhai.


Chat Online
Chat Online
Leave Your Message inputting...
Sign in with: