Here’s a detailed response regarding tax deductions for commercial-grade lawn mowers, incorporating the search results and presented in English with a table:
Tax Deductions and Incentives for Commercial-Grade Lawn Mowers
1. Tax Benefits Overview
Commercial-grade lawn mowers, especially those with eco-friendly features (e.g., electric or hybrid models), may qualify for tax deductions or subsidies under current policies. Key incentives include:
Corporate Income Tax Reduction: Eligible enterprises engaged in R&D or producing energy-efficient lawn mowers can enjoy a preferential tax rate of 15% (vs. the standard 25%).
VAT Exemption: Sales of lawn mowers classified as agricultural machinery (e.g., for landscaping or forestry) are exempt from VAT in China.
2. Subsidies for Eco-Friendly Models
Governments encourage green production through direct subsidies:
Up to ¥3,000 per unit for electric/hybrid models.
R&D Grants: Over ¥2 billion allocated for green technology innovation in the sector.
3. Table: Summary of Deductions & Incentives
| Category | Policy Detail | Applicability |
|---|---|---|
| Corporate Tax Rate | 15% for qualified enterprises (vs. 25%) | R&D-focused manufacturers |
| VAT Exemption | Exempt if classified as agricultural machinery | Sales to landscaping/forestry sectors |
| Eco-Subsidies | ¥3,000/unit for electric/hybrid models | Manufacturers/retailers |
| Export Tax Rebate | 13% refund for exports (up from 9%) | Export-oriented businesses |
4. Remote-Controlled Mower Considerations
While specific data for remote-controlled models isn’t provided, they likely qualify under:
R&D incentives if incorporating advanced tech (e.g., automation).
Eco-subsidies if electrically powered.
For precise eligibility, consult local tax authorities or verify the mower’s classification under agricultural machinery.
: Market Research Online (2025). China Lawn Mower Industry Report.
: Ministry of Finance (2021). VAT Exemption Notice for Agricultural Machinery.