Agricultural enterprises are not exempt from value-added tax and income tax, but products exempt from tax according to the business tax law can be exempted from value-added tax and enterprise income tax. Tax exemption regulations. Turnover tax Planting and aquaculture do not need to pay turnover tax (value-added tax, business tax, consumption tax, etc. Article 15 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC) is exempt from value-added tax: (1) Self-produced agricultural products sold by agricultural producers; Article 35 The scope of some tax-exempt items stipulated in Article 15 of the Regulations is defined as: (1) The agriculture mentioned in Item (1) of the first paragraph refers to planting, aquaculture, forestry, animal husbandry and aquaculture. Two. Enterprise income tax "Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on the Collection of Enterprise Income Tax by State-owned Agricultural Enterprises and Institutions" (Caishuizi [1997] No.49) stipulates that the income obtained by key leading enterprises from planting, breeding and primary processing of agricultural and forestry products shall be temporarily exempted from enterprise income tax. The "key leading enterprises" here have certain restrictions. Not all enterprises are tax-free and need relevant approval. Three. Other Taxes Personal Income Tax-No personal income tax will be levied on the income of young crops compensation made by workers and peasants in township enterprises for the time being. Individual industrial and commercial households or individuals who specialize in planting and breeding and have collected agricultural tax and animal husbandry tax will no longer be charged with personal income tax stamp duty-all urban land use tax will be exempted-with the approval of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government, property tax and vehicle and vessel use tax will be appropriately reduced or exempted-the same as above.