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Preferential Policies — Finance and Taxation Policies 
邓州市政府信息中心  2012-12-27【打印该页】

Article 1  For the industrial projects with an investment of more than 50 million in fixed assets, within 5 years since the production, the municipal government rewards them 100% of local retained part of their income tax in the first 3 years and 50% in the next two years in the form of “enterprise expansion fund” for their use in technological updating or expanded reproduction; for the high-tech investment projects which have been identified at the provincial level or above, since the date of production, the municipal government will reward them 100% of the local retained part of their income tax in the first 3 years and 50% in the next three years.

Article 2  For the independently managed commerce and trade projects of 500 Tops in the world or 10 Tops in the domestic commerce and trade industry, since the business year, the municipal finance rewards the operator 10-20% of the local retained part of the actual income tax paid by the operator in a successive 5 years. The specific standard is that: if the annually paid income tax is 1-2 million Yuan, the government will reward the enterprise 10% of the local retained part; if the annually paid income tax is more than 2 million Yuan, the government will reward the enterprise 20% of the local retained part of the excess amount.

 


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