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China-tax-policy Sorting by the latest release time

  • Chinese vice premier stresses importance of taxation

    Chinese Vice Premier Han Zheng on Monday stressed the work of the country's taxation authority and called for effective implementation of policies to cut taxes and fees.

    February19,2019


  • Larger tax cut in pipeline, says China's finance minister

    China is mulling tax reductions on a larger scale this year to bring down the burden on the real economy and improve market confidence, Minister of Finance Liu Kun has said.

    January14,2019


  • China plans deeper tax cuts in manufacturing sector: official

    A senior Chinese official said Thursday that the country will further cut taxes and fees in the manufacturing sector this year to promote its high-quality development.

    January11,2019


  • Yearender-Economic Watch: Substantial tax cuts boost Chinese economy

    Starting Jan. 1, 2019, Chinese taxpayers will be able to handle their income tax deductions by filling an application form using just an app.

    December28,2018


  • China unveils special individual income tax deductions

    The State Council, China's cabinet, announced special individual income tax deductions on Saturday, in order to lower the tax burden for those who have certain expenditures.

    December24,2018


  • Tax cuts will help private enterprises grow

    Based on the private economy's actual situations, more targeted tax cut and fee reduction policies should be implemented to help private enterprises to prosper.

    December20,2018


  • Chinese taxpayers pay 31.6 billion yuan less in first month after income tax reform

    Chinese people have found the tax expenses on their October pay slips drop drastically after new tax brackets were adopted on Oct. 1, according to the State Administration of Taxation (SAT).

    December03,2018


  • China announces 3-year tax exemption on interest gains for overseas investors

    China's Ministry of Finance said Thursday that the country will exempt overseas institutional investors from some bond market taxes.

    November23,2018


  • China expected to launch new round of tax cut within year, benefiting small business

    China is expected to unveil a new round of tax cuts within the year which industry insiders believe will benefit the small business and tech start-ups more, according to the Xinhua-run Economic Information Daily on Wednesday.

    November07,2018


  • China unveils draft measures on individual income tax deductions

    Chinese authorities on Saturday unveiled draft temporary measures on special additional deductions from taxable personal incomes to collect public opinions in the next two weeks.

    October22,2018


  • China to improve export tax rebate policy

    China has decided to improve its export tax rebate policy to reduce the business burden and bolster foreign trade. The current seven tax brackets will be cut to five, and some rates will be raised according to international common practice.

    October09,2018


  • China's tax cut measures to support real economy: experts

    China's new tax and fee cuts will boost the real economy through reducing corporate burdens and creating a stable and fair business environment, experts told the Xinhua-run Economic Information Daily.

    September29,2018


  • China to raise export tax rebates for electromechanical and cultural products as from Sept. 15

    China will raise the export tax rebates for products such as electromechanical and cultural products as from September 15, according to announcement jointly released by China's Ministry of Finance and the State Administration of Taxation.

    September11,2018


  • China cuts tax on technologically advanced service trade firms

    China is to expand a tax cut program on qualified technologically advanced service firms nationwide.

    May30,2018


  • China rolls out fresh tax cuts to aid small businesses

    China will make further tax cuts worth over 60 billion yuan (about 9.5 billion U.S. dollars) to drive innovation and entrepreneurship and boost the development of small and micro businesses, a State Council executive meeting...

    April26,2018


  • China to roll out new tax cuts to boost high-quality development

    China will cut value-added tax rates as part of a tax reduction package amounting to 400 billion yuan (about 63 billion U.S. dollars) this year.

    March29,2018


  • China allots environment tax revenue to local gov'ts

    China will allot revenue from the environmental protection tax to local governments to motivate participation in the fight against pollution.

    December28,2017


  • China delivers massive tax cuts via VAT reform

    China's reform on value-added tax (VAT) has reduced taxes for enterprises by more than 1 trillion yuan (about 150.6 billion U.S. dollars) since its nationwide launch in May last year.

    November08,2017


  • Hong Kong to launch new profits tax system next year

    The Hong Kong Special Administrative Region (HKSAR) aims to launch a new profits tax system in April when the new year of assessment starts, the HKSAR Chief Executive Lam Cheng Yuet-ngor said on Tuesday.

    October25,2017


  • Resource tax reform saves Chinese firms 4.2 bln yuan a year

    China's resource tax reform has brought huge tax reductions to enterprises, as well as healthy industrial development, the State Administration of Taxation (SAT) said Monday.

    October10,2017


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