Domestic seven major semiconductor manufacturers, are a joint letter to the relevant state ministries and commissions, to continue the implementation of the State Council No. 18 in tax concessions regime.
Seven business chanting pressure surge
Yesterday, the news from the Shanghai Integrated Circuit Industry Association, this seven-chip companies are Shanghai Hua Hong NEC, SMIC, Shanghai Grace Semiconductor, TSMC China, Suzhou and ship, Shanghai ASMC, Shanghai New semiconductors. According to the "Daily Economic News" reporter, seven companies have signed up to the National Development and Reform Commission, Ministry of Finance, State Administration of Taxation, Customs Department and the Ministry of Industry, drew the "urgent report on the implementation of the requirements of the State Council Document No. 18 continued favorable terms" (hereinafter referred to as the "Report").
According to "the State Administration of Taxation, Ministry of Finance, Customs Bulletin" 2008, No. 43 stipulates that from 1 January 2009, IC manufacturing enterprises (ie, semiconductor companies referred to herein), imported equipment and supporting technology, accessories and spare parts , should be reinstated import VAT. Previously, the IC manufacturing enterprises related to the tax system has been adopted in 2000 by the State Council promulgated the "software industry and integrated circuit industry to encourage the development of a number of policy" (commonly known as the State Council, No. 18).The relevant provisions of the State Council No. 18, IC manufacturing enterprises to introduce integrated circuit technology and complete sets of production equipment, integrated circuits imported special equipment and instruments shall be exempted from import duties and import VAT.
When implemented on January 1 this year, this tax New Deal, the relevant state departments to consider the actual situation, the tax is actually from the New Deal began July 1 officially implemented. However, the adjustment of the tax system for domestic semiconductor manufacturers enormous financial pressure.
Very sensitive corporate funds
Adjustment of a tax system, why let such a large semiconductor companies to produce a reaction?
Interview, a Shanghai Advanced Semiconductor insiders told the "Daily Economic News" reporter, said the domestic semiconductor companies are the main core equipment from abroad, the amount of investment is very large, national tax adjustment in this regard will inevitably enterprises operators have a very big impact. Reporters learned that this effect in the semiconductor business start-up period of intensive especially when imported equipment, but after investment peak, "the raw materials needed for silicon, but also need to be imported from abroad, so the impact of the VAT levied on imports still exist, and more obvious.
Shanghai Advanced Semiconductor mid-2009 results, the company revenues of nearly 300 million yuan in the first half, sales fell sharply compared with the same period last year, 518 million yuan; net loss of 56 million yuan, compared with a loss also occurred last year, but only 6 million yuan . Domestic semiconductor industry benchmark for enterprise financial indicators SMIC also not optimistic, reported a second quarter net loss of SMIC $ 98.1 million, compared to a loss last quarter was $ 178 million.
Positive repercussions related departments
It is in this case, the seven companies together.
According to the reporter, a letter of intention from the top seven companies, some companies are directly involved by the Chief Financial Officer. 7 companies also suggested relevant government departments: continue to implement preferential policies prescribed by the State Council Document No. 18, especially imported equipment and materials and spare parts are exempted from import VAT; early introduction of new incentives to further encourage the development of integrated circuit industry .
Latest news shows, the National Development and Reform Commission and the Ministry has said that the country several ministries are stepping up the draft of the new policy circulation. Informed sources told reporters that the relevant state departments received a "report", the response is positive, the NDRC and the Ministry have expressed their support, "The key is to look at the competent department of financial and taxation." The insider told reporters, although the new policy the introduction of a specific time is uncertain, "but I believe faster."
Reprint the "Daily Economic News". |
