The company was rated as a Tax Credit Grade A taxpayer for 2018.


发布时间:2019-05-11

【概要描述】 Recently, the Hebei Provincial Tax Service announced the results of the 2018 taxpayer credit evaluation for taxpayers in the province, with 31,487 taxpayers rated as Grade A for tax compliance. Shijiazhuang Sihua Pharmaceutical Co., Ltd., along with its Development Zone Branch and its subsidiary Hebei Guolong Pharmaceutical Co., Ltd., were among those recognized.
 
 
Recently, the Hebei Provincial Tax Service announced the results of the 2018 taxpayer credit evaluation for taxpayers in the province, with 31,487 taxpayers rated as Grade A for tax compliance. Shijiazhuang Sihua Pharmaceutical Co., Ltd., along with its Development Zone Branch and its subsidiary, Hebei Guolong Pharmaceutical Co., Ltd., were among those recognized.
In 2018, the province’s tax credit evaluation covered 1.14 million enterprises, with tax credit ratings categorized into five levels: A, B, M, C, and D. A-level tax credit is assigned to enterprises that score 90 points or above on the annual evaluation indicators; B-level tax credit is assigned to enterprises that score 70 points or above but less than 90 points; M-level tax credit is assigned to enterprises that have no revenue from production or business operations during the year and score 70 points or above on the annual evaluation indicators; C-level tax credit is assigned to enterprises that score 40 points or above but less than 70 points; and D-level tax credit is assigned to enterprises that score less than 40 points or are directly classified at this level. In this round of evaluations, a total of 31,487 taxpayers were rated as A-level, accounting for 2.76% of all participating enterprises.
In accordance with relevant regulations of the State Taxation Administration, tax authorities will collaborate with relevant departments to implement incentive measures for taxpayers rated as Credit Grade A. These incentives cover 18 sectors, including investment, finance, trade, and environmental protection, and encompass 41 specific joint incentive initiatives related to project approval services and management, tax services and administration, use of fiscal funds, business services, import and export, entry-exit inspection and quarantine, food and drug supervision, and financing. The overarching objective is to enable Credit Grade A taxpayers to leverage their record of tax compliance in market competition to secure greater opportunities and benefits.
 

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