During the process of carrying out the tax self-inspection work for some定点contact enterprises in 2009, our company received reflections from grassroots tax authorities and enterprises regarding the application of relevant tax policies. In accordance with relevant regulations, we hereby provide a unified response as follows:
1. Corporate Income Tax
(a) Corporate income tax issues related to fiscal support policies for ensuring refined oil market supply.
In order to ensure the supply of refined oil in the market, the state provides fiscal subsidies to the enterprises under China National Petroleum Corporation (CNPC) for importing crude oil, refined oil, and processing crude oil. The enterprises importing refined oil include East China Sales Branch, South China Sales Branch, Northeast Sales Branch, and Northwest Sales Branch of China Petroleum & Chemical Corporation (Sinopec). Local tax authorities should base their decisions on the Notice of the Ministry of Finance and the State Administration Regarding the Corporate Income Tax Policy Issues Concerning Fiscal Funds, Administrative and Public Service Charges, and Government Funds (CaiShui [2008] No. 151)...