1. Text: | Print|

      VAT reform set to benefit more businesses

      2013-07-26 07:49 Xinhua Web Editor: qindexing
      1

      Over 1 million more taxpayers will be included in China's value added tax (VAT) reform, which is set to expand nationwide in August, according to the State Administration of Taxation (SAT).

      In an effort to avoid double taxation for businesses, the Chinese government introduced a pilot plan in Shanghai last year to replace the business tax in transport and some service sectors with a value-added duty that is charged only on the added value of each link in the production chain.

      The plan was later extended to another 11 regions, including Beijing, Tianjin and Shenzhen, and the government decided in April to spread the practice nationwide starting August.

      In the first five months of 2013, the reform has eased tax burdens by 40.6 billion yuan (6.57 billion U.S. dollars) for 1.29 million businesses in the nine regions that first piloted the scheme, deputy head of the SAT Xie Xuezhi has revealed.

      In addition to bringing the reform to more regions, the government is also considering extending the plan currently applied to transport and some service industries to more areas.

      The State Council, China's cabinet, said in April that it would extend the reform "at a due time" to railway transport, postal services and telecommunications industries.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲 综合 国产 欧洲 丝袜| 国产亚洲欧美在线观看| 一级毛片无遮挡免费全部| 成人午夜视频免费| 亚洲精品视频在线观看免费| 在线播放免费人成毛片乱码| 亚洲综合久久夜AV | 中文字幕在线免费视频| 久久精品国产亚洲7777| 老司机午夜精品视频在线观看免费| 日日操夜夜操免费视频 | 婷婷亚洲久悠悠色悠在线播放| CAOPORM国产精品视频免费| 亚洲国产成人久久笫一页| 羞羞的视频在线免费观看| 国产三级免费电影| 一本一道dvd在线观看免费视频| ZZIJZZIJ亚洲日本少妇JIZJIZ| 精品一区二区三区高清免费观看 | 国产精品视频永久免费播放| 亚洲人成www在线播放| 免费鲁丝片一级观看| 立即播放免费毛片一级| 久99精品视频在线观看婷亚洲片国产一区一级在线| 日韩在线视精品在亚洲| 相泽亚洲一区中文字幕| 无码精品国产一区二区三区免费| 亚洲福利视频网站| 天天看免费高清影视| caoporm超免费公开视频| 久久久久亚洲AV成人无码 | 成人免费毛片观看| 黄网站色视频免费观看45分钟| 国产亚洲大尺度无码无码专线| 无码成A毛片免费| 亚洲av无一区二区三区| 相泽亚洲一区中文字幕| 最近2022中文字幕免费视频| 亚洲熟妇AV一区二区三区宅男| 国产亚洲?V无码?V男人的天堂| 每天更新的免费av片在线观看 |