Announcement of the State Administration of Taxation of the Ministry of Finance on continuing to imp

Announcement of the State Administration of Taxation of the Ministry of Finance No. 5, 2023. 2023-3-26

To promote the healthy development of the logistics industry, we will continue to implement preferential policies on urban land use tax on land used by logistics enterprises for bulk commodity storage facilities. The relevant policy is hereby announced as follows:

1. From January 1, 2023 to December 31, 2027, the urban land use tax on the land owned (including self-use and rental) or leased by logistics enterprises for bulk commodity storage facilities will be reduced by 50% of the applicable tax standard of the land grade.

Ii. The term "logistics enterprise" as mentioned in this Announcement refers to a professional logistics enterprise engaged in at least one business of warehousing or transportation, providing third-party logistics services such as warehousing and distribution for industrial and agricultural production, circulation, import and export and residents' daily life, practicing independent accounting and bearing independent civil liabilities, and registering with the industrial and commercial authorities as logistics, warehousing or transportation.

The term "bulk commodity storage facilities" as mentioned in this announcement refers to the same storage facilities covering an area of 6,000 square meters or more, and mainly storing agricultural products and agricultural production materials such as grain, cotton, oil, sugar, vegetables, fruits, meat, aquatic products, fertilizers, pesticides, seeds, feed and so on. Storage facilities for coal, coke, mineral sand, non-metallic mineral products, crude oil, refined oil, chemical raw materials, wood, rubber, pulp and paper products, steel, cement, non-ferrous metals, building materials, plastics, textile raw materials and other mineral products and industrial raw materials.

The "land for storage facilities" mentioned in this announcement includes all kinds of storage facilities in the warehouse area (including distribution centers), oil tanks (pools), freight yards, sundrying yards (yards), and sheds, as well as the land for logistics supporting facilities such as railway lines, docks, roads, loading, unloading and handling areas.

3. Land for office and living areas of logistics enterprises and other land not directly used for bulk commodity storage shall not fall within the scope of tax reduction stipulated in this announcement, and urban land use tax shall be levied according to regulations.

The tax that should be reduced paid before the date of the issuance of this announcement shall be deducted or refunded from the subsequent tax payable by the taxpayer.

Taxpayers WHO ENJOY THE TAX REDUCTION POLICIES STIPULATED IN THIS ANNOUNCEMENT SHALL DECLARE TAX REDUCTION OR exemption in accordance with the provisions, and keep the documents such as the ownership certificate of real estate, the land use certificate, and the lease agreement for future reference.

Ministry of Finance Administration of Taxation

March 26, 2023