Lantern Companies Benefits Tax Policies

It is reported that the 29th Zigong International Dinosaur Lantern Fair, with the theme of "The Light of Dreams · The City of a thousand Lights", has created five theme blocks, namely "The Taste of Music", "Jianxia Jianghu", "Brilliant New Era", "Tide Play Alliance" and "Creation World", achieving breakthroughs in five aspects, namely content, performance, commerce, flow and industry. Integrating lantern viewing, dining and entertainment, cultural and creative performing arts, online and offline interaction and other gameplay, it connects reality and the meta-universe with colored lights to create a city of thousands of lights, becoming the first "story-oriented + gamification" walk-dip lantern fair in China. During the Spring Festival holiday, ticket bookings for the Lantern Festival reached the maximum for six consecutive days, with 309,400 tourists in total. The number of tourists and ticket revenue increased by 41.39 percent and 60.51 percent, respectively, compared with the same period of the 2022 Spring Festival.
"Effective tax incentives are the foundation of our development, so that we can keep enough confidence and courage to face difficulties under the epidemic." Looking at the endless stream of visitors in the park, Ms. Song, the financial officer of OCT, said with emotion, "Affected by the epidemic, Lantern World has been closed off and on, resulting in a sharp decrease in visitors and a shortage of funds. Thanks to the tax incentives, we have been able to overcome many difficulties and regain our vitality."
In order to better help the rapid recovery of the color light industry, Zigong Tax Bureau gives full play to the advantages of tax big data, changes the "people seeking policy" into "policy seeking person", and helps enterprises to calculate the "policy dividend account" by means of precise guidance and optimized service, so as to inject "tax momentum" into the vibrant color light industry.
"Currently, Zigong's lantern industry is in a critical period of transformation and upgrading. To inherit and develop Zigong's lantern culture well, the support of various national policies is indispensable." Song Tao, chief financial officer of Zigong Dihui Caideng Culture Co., LTD., said, "In the past two years, the government has introduced a series of preferential tax policies to support us to tide over the difficulties. In 2022 alone, we will enjoy the tax rebate and the policy of delaying the payment of manufacturing taxes and fees, which successfully alleviated the financial pressure and strengthened our confidence for development."
In addition to the "real money" tax bonus, the local tax department's excellent service also made Song feel full. "A series of convenient tax measures, such as' contactless 'tax handling and quick handling of tax rebate, not only reflect the tax speed, but also show the tax temperature." Song Tao said that the continuous optimization of the tax business environment also makes us more confident about the future of the lantern industry.
Zigong City tax Bureau official said: "The next step, we will effectively play the role of tax functions, the implementation of various preferential tax policies, Zigong Lantern Fair to continue to provide tax 'dry firewood', by convenient tax 'spring breeze', lit China's light city."
