Related News
Further tax cuts
CHINESE businesses will see further tax cuts next year as a result of the new value-added tax system, an official said yesterday.
The VAT was introduced across China in May to replace business tax. The new tax saved businesses 470 billion yuan (US$68 billion) in the first 11 months of the year, on track to meet the government’s year-end target of 500 billion yuan. Speaking at a press conference, Wang Jun, director of the State Administration of Taxation, cited three factors which could lead to bigger cuts in 2017: construction, property, finance and services sectors were not covered in the first four months of this year; the rules on tax of real estate purchases will be changed; and there will be better management of tax policies.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.