It is understood that from January 2017 to December 2019, a large number of land for commodity storage facilities of domestic logistics enterprises will be subject to the preferential tax of halving the urban land use tax. Today, I'd like to introduce the relevant contents of the land policy for factory leasing.

Preferential policy of halving land tax for factory leasing

It is pointed out that logistics enterprises refer to professional logistics enterprises engaged in warehousing or transportation, providing warehousing, distribution and other third-party logistics services for industrial and agricultural production, smooth flow, import and export, and residents' lives. The right of the office building lessor is to enjoy the right to use the leased warehouse and warehouse equipment, protect the storage equipment and facilities, and pay the rent in the agreed manner. The lessor's right is to have the ownership of the leased warehouse and equipment and facilities and the right to recover the rent. At the same time, the lessee must recognize the agreed right to use the leased warehouse and equipment and facilities, and ensure the good performance of the warehouse and equipment and facilities. A large number of commodity storage facilities refer to the storage facilities with the same storage facilities covering an area of 6000 square meters or more, which are important for storing agricultural products such as grain, cotton, oil and other agricultural production materials, and mineral products such as coal, coke, mineral sand and industrial raw materials.

The land for storage facilities includes the land for various storage facilities such as warehouses (including distribution centers), oil tanks (pools), freight yards, sun farms (storage yards) and other supporting facilities for logistics operations such as special railway lines, wharves and routes in the plant area. The right of the office building lessor is to enjoy the right to use the leased warehouse and warehouse equipment, protect the storage equipment and facilities, and pay the rent in the agreed manner. The lessor's right is to have the ownership of the leased warehouse and equipment and facilities and the right to recover the rent. At the same time, the lessee must recognize the agreed right to use the leased warehouse and equipment and facilities, and ensure the good performance of the warehouse and equipment and facilities. Moreover, the circular clearly points out that the internal plants of non logistics enterprises do not belong to the preferential scope defined in the circular and should be subject to urban land use tax as defined. The tax that should be reduced or remitted collected before the date of printing and distributing the notice shall be deducted or refunded from the current tax payable by the taxpayer.

Previously, the Ministry of Finance and the State Administration of Taxation also announced the tax policy on the land for a large number of commodity storage facilities of logistics enterprises. From a financial point of view, leasing warehouses can help enterprises avoid capital investment and financial risks of warehouses; Leasing the warehouse does not require the enterprise to make any investment in its facilities and equipment, and the enterprise only needs to pay a relatively small rent to get the storage space. Song zezeng, director of the smooth Research Office of the Institute of Finance and trade of the Chinese Academy of Social Sciences, proposed that after reducing the burden of logistics enterprises, supervision should be strengthened so that the consequences of tax reduction can be reflected in the prices of real commodities or service charges.