tax

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Policies help companies save US$37.2b in taxes

CHINESE companies received tax cuts totaling 237.5 billion yuan (US$37.2 billion) in the first three quarters of this year as a result of government policies to spur innovation and mass entrepreneurship, ...

November 20, 2015, Friday


China’s car market rises 9.7% on tax cuts for small vehicles

CHINA’S car market rallied strongly by 9.7 percent last month from a year earlier, as the central government halved vehicle purchase taxes for passenger cars with engines below 1.6 liters, the China Association ...

Anna Lu | November 12, 2015, Thursday


Local time-honored brands set to cash in on tax scheme

THE city’s tourism authorities are considering allowing a number of stores that sell time-honored brands and traditional products to join the new duty-free sales scheme in a bid to shore up flagging sales. ...

Hu Min | November 12, 2015, Thursday


61 billion yuan of taxes reduced for China's small firms

TAX breaks for small and micro-sized businesses in China amounted 61.2 billion yuan (US$10 billion) in 2014, the State Administration of Taxation (SAT) revealed. Business income tax of 10.1 billion yuan ...

February 22, 2015, Sunday


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