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Whether loose policy can help the plastics industry to "come back to life"
2017-11-13 9:40:26
Whether loose policy can help the plastics industry to "come back to life"
In fact, in September last year, li keqiang deployed a policy of accelerating depreciation of fixed assets at a state council executive meeting to promote technological transformation of enterprises. The main reason for the "rehash" of the past year is to deal with the continuing economic downturn and pressure on the plastics industry.
Accelerated depreciation of fixed assets mean that companies money can use "now" in the future, the current to be able to have more cash for investment and technology upgrade, rather than immediately pay tax, to revitalize the cash flow, improve cash flow, help to plastic companies can be immediate.
The so-called accelerated depreciation of fixed assets means the amount of depreciation at the beginning of the use of fixed assets, such as equipment and instruments, and the later. This means that the profit in the early stage of the enterprise, which is the taxable income, is relatively low and the tax burden is relatively light. Although the total tax burden remains unchanged, it is the equivalent of a deferred tax payment.
In a time of weak industry and weak investment, Chinese authorities have again introduced preferential policies on fixed asset depreciation and tax deductibility. Based on the original biological medicine and so on six industries, expanding the scope of the accelerated depreciation of fixed assets is favorable, for light industry, textile, machinery, automobile four key industries in the field of business in January 1st new purchases of fixed assets, allowed to shorten the useful life or accelerated depreciation methods.
It is understood that the plastics industry is a light industry, and in this preferential policy directory, the areas involved are as follows: plastic film manufacturing; Plastic sheet, pipe, profile manufacturing; Manufacturing of plastic wire, rope and weaving; Plastic foam manufacturing; Plastic artificial leather, synthetic leather manufacturing; Plastic packaging and container manufacturing; Manufacture of daily plastic products; Manufacturing of plastic parts; Other plastic products manufacturing; Plastic furniture manufacturing.

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