国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China announces detailed VAT reform measures

Source: Xinhua| 2019-03-21 22:19:16|Editor: Li Xia
Video PlayerClose

BEIJING, March 21 (Xinhua) -- Chinese authorities Thursday announced detailed measures to implement the country's value-added tax (VAT) reform to further reduce the tax burden on various industries.

Starting April 1, taxpayers that are subject to the 16-percent VAT rate on their taxable sales or imported goods will enjoy a 13-percent VAT rate, while those who are subject to the 10-percent VAT rate will only need to pay 9 percent, according to a joint statement released by the Ministry of Finance, the State Taxation Administration and the General Administration of Customs.

Buyers of agricultural goods who are subject to a 10-percent deduction rate, which is used to calculate input VAT, will be subject to a 9-percent deduction rate, according to the statement.

The statement also laid out a series of supporting measures for VAT reform such as the extension in the scale of goods and services eligible for input tax deductions.

The announcement came after a State Council's executive meeting Wednesday, which decided that the country will implement a slew of measures to cut the VAT rates, making sure that tax burdens on all industries will only go down, not up.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001379135971
主站蜘蛛池模板: 阿尔山市| 招远市| 鲁山县| 得荣县| 大理市| 益阳市| 治县。| 新沂市| 利辛县| 天长市| 凤山市| 石渠县| 晋中市| 聂拉木县| 太仓市| 沾化县| 文水县| 固始县| 清原| 聂拉木县| 保定市| 利津县| 遂川县| 济宁市| 南木林县| 理塘县| 宜城市| 全南县| 舒城县| 丰台区| 轮台县| 曲沃县| 天祝| 浠水县| 宁城县| 康乐县| 建始县| 化德县| 忻城县| 临海市| 罗城|