Top Stories
China updates tax cut guideline amid fight against epidemic
Last Updated: 2020-03-10 20:55 | Xinhua
 Save  Print   E-mail

China's tax watchdog on Tuesday unveiled a new guideline to introduce more tax relief policies as the country combats the spread of COVID-19.

The guideline, involving 17 detailed items in terms of supporting epidemic prevention and control, supplies, donations and work resumption, according to the State Tax Administration.

Updates of the guideline included the second batch of policies to lower social security and medical insurance fees, as well as the third batch of phased value-added tax cut policies for regular taxpayers, as compared to the initial version released last month.

The new guideline involved more detailed content, such as notes for tax items in terms of public transport services, life services and express deliveries, said a senior official with the administration.

Share to 
Related Articles:
  • Sports
  • Soccer
  • Basketball
  • Tennis
  • Formula One
  • Athletics
  • Others
  • Entertainment
  • Celebrity
  • Movie & TV
  • Music
  • Theater & Arts
  • Fashion
  • Beauty Pageant
About | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved
China updates tax cut guideline amid fight against epidemic
Source:Xinhua | 2020-03-10 20:55
Share to