Four departments: Deployment of the list of integrated circuit enterprises to enjoy the additional deduction policy in 2024.

Recently, the National Development and Reform Commission, the Ministry of Finance, the State Administration of Taxation, and other four departments issued a notice to deploy the work of formulating the list of integrated circuit enterprises that will enjoy the accelerated depreciation policy in 2024, clarifying the management method of the list, the conditions for enterprises to enjoy the policy, and other contents. The list refers to the list of integrated circuit design, production, packaging, testing, equipment, and material enterprises that enjoy the value-added tax accelerated depreciation policy mentioned in the "Notice of the Ministry of Finance and the State Administration of Taxation on the Value-added Tax Accelerated Depreciation Policy for Integrated Circuit Enterprises". According to the notice, after the list is issued, enterprises can calculate the accelerated depreciation amount that can be calculated but not yet calculated in the past period together in the current period. Enterprises included in the 2024 list will enjoy the policy from January 1, 2024; enterprises that were included in the 2023 list but are not included in the 2024 list will stop enjoying the policy from November 30, 2024.To qualify for tax relief, companies must promptly conduct a joint verification and submit a report to the Ministry of Industry and Information Technology and the National Development and Reform Commission for further verification. The Ministry of Industry and Information Technology and the National Development and Reform Commission will notify the Ministry of Finance and the State Administration of Taxation to take appropriate action against companies that do not meet the requirements.8. Companies are responsible for the authenticity of the materials and data provided. The applying company should sign a commitment letter, promising that if there is any dishonest behavior in the declaration, they will accept the relevant departments handling according to laws, regulations, and national regulations. 9. This notice will be implemented from the date of issuance. The Ministry of Industry and Information Technology, the National Development and Reform Commission, and relevant departments will adjust the conditions for eligible enterprises in a timely manner according to industrial development, technological progress, and other circumstances. Source: "" WeChat official account; GMTEight Editor: Chen Xiaoyi.