日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

VAT reform set to go nationwide in August

By WEI TIAN | China Daily | Updated: 2013-04-11 11:09

The reform program to replace the business tax with a value-added tax will be expanded nationwide on Aug 1 in pilot sectors, Premier Li Keqiang said during a key meeting on Wednesday.

The expanded pilot program will also include enterprises in the radio, film and television industries, alongside those in the transport industry and some modern service sectors, Li said during an executive meeting of the State Council.

The companies will pay a value-added tax, which can be deducted along the supply chain, instead of a business tax to avoid duplicated taxation and to benefit from a lower tax burden.

As a vital step in fiscal reform, VAT has achieved remarkable results in easing the tax burden on smaller businesses and promoting economic transformation, Li said.

The nationwide expansion will eliminate policy differences between pilot and non-pilot regions. The program will help cut 120 billion yuan ($19.37 billion) in levies for companies in the pilot sectors in 2013.

The VAT reform was first introduced in Shanghai in January 2012 and was later expanded to other cities and provinces.

"The earlier-than-expected expansion sends a signal that the government is speeding up fiscal reform," said Liu Shangxi, deputy director of the Research Institute for Fiscal Science under the Finance Ministry.

"The new leadership is ready to 'walk the walk', rather than just 'talk the talk'," Liu said, quoting a comment Li made during his first press conference after he took office in March.

In addition, Liu said the 120 billion yuan tax reduction was only a conservative estimate, and the true benefit for companies will be several hundred billion yuan.

Previous Page 1 2 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: av在线播放一区 | 特级淫片裸体免费看 | 久久精品久 | 日韩一区二区在线免费观看 | 欧美日韩一级大片 | 毛片在线免费观看视频 | 黄色动漫在线免费观看 | 欧美一级色片 | 日本在线观看网址 | 91网站在线观看视频 | 亚洲一区二区三区视频 | 亚洲精选久久 | 91在线精品播放 | 在线久草 | 黄色羞羞网站 | 成人国产精品免费观看 | 精品国产视频在线观看 | 日批视频在线播放 | 天天插天天舔 | 在线视频一区二区三区 | 午夜影院私人 | 激情区 | 午夜视频精品 | 成年人在线观看视频网站 | 国产人人看 | 精品视频大全 | 久久精品视频国产 | 亚洲人免费视频 | 久久久久久久中文字幕 | 久热精品在线视频 | 天天草天天草 | 国产成人免费观看 | 色综合天天综合网天天狠天天 | 色视频在线观看免费 | 成年人在线观看av | 国产午夜精品一区二区三区 | 香蕉av777xxx色综合一区 | 黄色国产在线 | 美女一区二区视频 | 午夜免费激情视频 | 永久免费看成人av的动态图 |