Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Tax breaks given to small firms
Print Edition
CHINA will expand tax breaks for small businesses in a move to reduce corporate burden and support economic growth, authorities said yesterday.
From January 1, 2017 to December 31, 2019, small businesses with an annual taxable income of no more than 500,000 yuan (US$73,599) will be eligible for tax preferences, raised from the previous limit of 300,000 yuan, according to a notice by the Ministry of Finance and the State Administration of Taxation.
This is the third time that the tax break coverage is expanded since the start of 2015, when the income threshold for tax preferences was changed from 100,000 yuan to 200,000 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
