Countercurrent 1982

Chapter 1648 Tax Exemption
After talking on the phone with Wu Disheng, on the afternoon of the second day, Duan Yun took his assistant and bodyguards, as well as a thick suitcase of documents, and flew to Shenyang.

Even though he knew that the SY city government didn't have much money, and Duan Yun didn't have much hope, he still had a lot of things to discuss with the SY city government.

For Duan Yun, the introduction of the Volvo car production line is not only a great opportunity for himself and Shenyang, but also a once-in-a-decade opportunity for the Chinese auto industry. If these two production lines can be introduced In China, from then on, the gap between China's auto industry and the world's top auto industry will be shortened from 10 to 30 years to about 10 years. The same advanced automotive technology and production capacity.

But if there is no money, everything is useless. Duan Yun already has a plan. If the SY city government can't come up with much money, he has other alternatives.

On the night when he came to SY City, Duan Yun had dinner with Mayor Wu Disheng and Liu Donghai, who went abroad with him last time, in the cafeteria of the guest house.

"Mayor Wu, let me tell you the truth. At present, our group can only provide 1.5 million U.S. dollars in funds, which is quite different from Volvo's quotation, and they don't give me a chance to bargain. " Duan Yun paused, and then said: "Can we in Shenyang think of a way? Even if we borrow part of it from the bank first, the interest rate will be higher, and we can pay it back slowly..."

"Xiao Duan, you don't know much about the financial situation of our city. The annual financial expenditure of our city government is about 2 million yuan, which is already very good. In the past few years, it was 8000 to 3 million..." Wu Disheng Frowning slightly, he continued: "As for foreign exchange, all projects that require foreign exchange need to apply for it, and then the relevant departments in the province will approve it step by step, but I also know the situation in the province. There are only less than 3 million U.S. dollars a year Funds, but there are so many cities and counties and state-owned enterprises in Liaoning Province, and there are many people asking for money. Steel, petrochemicals, and agricultural product processing are the pillar industries of our Liaoning Province. Many equipment and farm tools need to be imported from abroad, so we can share There is very little money in our auto industry, and I can guarantee a maximum of 000 million US dollars..."

"3 million US dollars..." Duan Yun frowned upon hearing this figure.

Although Duan Yun was mentally prepared and knew that the SY city government would not be able to spend much money, the amount of 3 million US dollars still broke through the lower limit of Duan Yun's psychology. $000 million, less than $1.5 million in total.

"Mayor Wu, can we think of a way?" At this time Liu Donghai also interjected, only to hear him say: "Volvo's car production technology is indeed very advanced. When I visited Sweden last time, I was very impressed. If we can introduce their production line technology to Shenyang, it will bring about a qualitative change in Shenyang's automobile industry..."

"I know what you said, and I very much hope to introduce this production line from Volvo, but the problem of funding is really difficult to solve." Wu Disheng said with a look of embarrassment.

"If this is not the case, I will communicate with Volvo again. We can sign the contract first, pay part of the money up front, and settle the rest after the factory is officially completed and put into production." Duan Yun paused, then Said: "It will take at least 2 to 3 years for the entire new production line from installation to production. This period of time should be enough for us to raise enough money."

Duan Yun saw that Shenyang didn’t get much money at the moment, but he absolutely couldn’t give up on this deal, so his plan was to negotiate with Volvo and use installment payment to ship the production line to China first, so that he and SY The municipal government has won 2 to 3 years, and through various efforts, it should be able to pay all the remaining balance.

"Yes, it's better to pay in installments." Liu Donghai nodded and said at this time.

"Does Volvo agree?" Wu Disheng asked.

"I still need to negotiate with the other side. I can't guarantee the specific result." Duan Yun thought for a while, and then said: "If Volvo agrees to pay in installments, then the two of us will each bear half of the funds..."

"Half of the funds, that is 2.7 million U.S. dollars, even if we are given another two or three years, it will be difficult to apply for this money." Wu Disheng shook his head, and then said: "Xiao Duan, from my point of view, I I really hope that this production line can be settled in Shenyang, but our government has its own rules. As the mayor, I can't break this rule. From the current financial situation of Shenyang and even Liaoning Province, 2.7 million US dollars can Say it's impossible..."

"Then..." Hearing what Wu Disheng said, Duan Yun also frowned.

Speaking of this, the atmosphere at the scene was a little awkward. Although Wu Disheng didn't say it clearly, his original intention was that the SY city government really couldn't afford more money, and this contract might eventually require Duan Yun to pay for it all. .

"Mayor Wu, we can negotiate with the provincial government. I think the provincial leaders should understand us..." Seeing that the matter was about to collapse, Liu Donghai also hurriedly said at this time.

"It's hard for a smart woman to cook without rice. Our province's foreign exchange is too tight now. You may not understand the situation, but I know the provincial finance situation very well." Wu Disheng glanced at Liu Donghai, and then said: "Although the funds On the one hand, the SY city government can’t afford so much money, but our side can provide a large amount of industrial land, as well as policy tax relief and preferential treatment, which I can still do..."

"Tax reduction or exemption?" Duan Yun was stunned when he heard the words.

"That's right, if the production line introduced by the Jinbei Automobile Factory can be officially put into production, our SY city government can reduce your corporate tax from 30% to 10%, and in the first two years of the production line, we can exempt your related companies The tax will give you enough transition period for development." Wu Disheng said seriously.

"Corporate income tax 10%? Tax exemption for the first two years?" Hearing what Wu Disheng said, not only Duan Yun, but even Liu Donghai who was sitting next to him couldn't help being surprised.

In the 80s of reform and opening up, the general tax rate of state-owned enterprises was 55%, which means that more than half of the profits of enterprises should be handed over to the state. After several adjustments, the tax rate of enterprises was gradually reduced from 55% to 25%~30%. The Shenzhen Special Economic Zone enjoys a preferential tax rate of 15%.

The SY city government reduced the tax rate of Jinbei Automobile Factory to 10%, and after the production line is completed and put into production, the tax is exempted for the first two years. This can be said to be a very high tax incentive policy, and it is also very rare in China.

(End of this chapter)