Regarding the forwarding of the "Notice on Issuing the Catalog of Enterprise Income Tax Preferences for Special Equipment for Energy Saving, Water Saving and Environmental Protection (2017 Edition)"

Our permanent magnet motor has a Level 1 energy efficiency and energy saving certification. Customers who use Jinyi permanent magnet synchronous motors can enjoy the following tax preferential policies.

The original text of the forwarding notice is as follows:

Notice on Issuing the Catalog of Enterprise Income Tax Preferences for Special Equipment for Energy Saving, Water Saving and Environmental Protection (2017 Edition)

Finance and Taxation [2017] No. 71

Finance departments (bureaus), state taxation bureaus, local taxation bureaus, development and reform commissions, industry and information technology departments, environmental protection departments (bureaus) of all provinces, autonomous regions, municipalities directly under the Central Government, and cities under separate state planning, Xinjiang Production and Construction Corps Finance Bureau, Development and Reform Commission Committee, Industry and Information Technology Commission, and Environmental Protection Bureau:

With the approval of the State Council, the matters concerning the adjustment and improvement of the corporate income tax preferential catalog for special equipment for energy conservation, water conservation and environmental protection and related policy issues are hereby notified as follows:

1. The applicable catalog for enterprises that purchase and actually use energy-saving, water-saving and environmental protection special equipment to enjoy corporate income tax credit preferential policies shall be appropriately adjusted, and shall be unified in accordance with the "Catalogue of Corporate Income Tax Preferential Policies for Energy-saving, Water-saving Special Equipment (2017 Edition)" (Annex 1 ) and the "Catalogue of Enterprise Income Tax Preferences for Environmental Protection Special Equipment (2017 Edition)" (Annex 2) are implemented.

2. In accordance with the requirements of the State Council on simplifying administrative approval, further optimize the preferential management mechanism and implement a mechanism in which enterprises declare themselves and directly enjoy preferential treatment, and the tax department strengthens follow-up management. Enterprises purchasing energy-saving, water-saving and environmental protection special equipment should make their own judgments on whether they meet the conditions stipulated in tax preferential policies. They should directly enjoy tax incentives after completing the corporate income tax preferential filing procedures with the tax department as required. The tax department will adopt tax risk management, inspection, and tax assessment. Strengthen follow-up management through other methods.

3. Establish a departmental coordination and cooperation mechanism to effectively implement preferential tax credit policies for energy-saving, water-saving and environmental protection equipment. In the process of implementing tax preferential policies, if the tax department cannot accurately determine whether the special equipment purchased by the enterprise meets the relevant technical indicators and other conditions stipulated in the tax preferential policies, it may submit a request to the development and reform, industry and information technology, environmental protection department at or above the prefectural and municipal level (inclusive) Other departments shall entrust professional institutions to issue technical appraisal opinions, and relevant departments shall actively cooperate. Those who do not meet the conditions stipulated in the preferential tax policies will be dealt with accordingly by the tax authorities in accordance with the Tax Collection and Administration Law and relevant regulations.

4. The conditions stipulated in the tax preferential policies mentioned in this notice refer to the equipment categories, Equipment name, performance parameters, application areas and implementation standards.

5. This notice shall come into effect on January 1, 2017. The "Catalogue of Corporate Income Tax Preferences for Special Equipment for Energy Saving and Water Saving (2008 Edition)" and the "Catalogue of Corporate Income Tax Preferences for Special Equipment for Environmental Protection (2008 Edition)" will be abolished from October 1, 2017. Enterprises will be exempted from January 1, 2017 to 2017 Special equipment purchased on September 30, 2008 that meets the provisions of the 2008 preferential catalog can also enjoy tax incentives.

appendix:

1. Catalog of Corporate Income Tax Preferences for Energy-Saving and Water-Saving Special Equipment (2017 Edition) www.gov.cn/xinwen/2017-09/26/5227606/files/4dfda77d1b1d4527b0b5d97e5d649056.pdf

2. Catalog of corporate income tax benefits for special equipment for environmental protection (2017 version) www.gov.cn/xinwen/2017-09/26/5227606/files/e2851b685c8f4534a957259165cc0034.pdf

Ministry of Finance, State Administration of Taxation, National Development and Reform Commission

Ministry of Industry and Information Technology Ministry of Environmental Protection

September 6, 2017