十分快三怎么玩_十分快三能赢钱 - 十分快三怎么玩,十分快三能赢钱是一款高度智能的新闻资讯应用,通过它你可以搜索并订阅任意关键词,它会自动帮你聚合整理并实时更新相关资讯,同时会智能分析你的兴趣爱好,为你推荐感兴趣的内容。看新闻资讯,十分快三怎么玩,十分快三能赢钱就够了!

【彩神APPxapp软件官方_彩神APPxapp软件官网】China to cut taxes by over 800 bln yuan in 2018

  • 时间:
  • 浏览:2

BEIJING, March 5 (Xinhua) -- China will reduce taxes on businesses and individuals by more than 100 billion yuan (about 126 billion U.S. dollars) in 2018, Premier Li Keqiang said Monday.

China will prioritize lowering rates in manufacturing and transportation, and raise the threshold for annual sales revenue for small-scale taxpayers, said Li when delivering a government report at the first session of the 13th National People's Congress.

Far greater numbers of small low-profit businesses will see their income tax halved, and the ceilings on deductible business purchases of instruments and equipment will be significantly raised, Li said.

A policy of uniform corporate income tax exemption on the overseas earnings of Chinese businesses will be put into implementation. More logistics companies will enjoy preferential tax treatment on their use of land for storage facilities.

A total of 918.6 billion yuan was saved last year via China's ongoing reform to replace business tax with value-added tax (VAT).

As the most significant tax overhaul for two decades, VAT is replacing business tax which has been in place for 100 years, streamlining procedure, and avoiding repetitive taxing. It was piloted in Shanghai in 2012 and expanded nationwide in May 2016.

Meanwhile, China will lighten the non-tax burden on market entities by over 100 billion yuan this year, which will leave enterprises with a much lighter load and free to focus their resources on their development, according to the report.