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China's tax and fee cuts, refunds, deferrals exceed 4 trillion yuan in 2022
China's tax refunds, as well as tax and fee cuts and deferrals, exceeded 4.2 trillion yuan (about 621.27 billion U.S. dollars) in 2022 amid the country's efforts to stabilize the macroeconomy, China's top tax authority said on Tuesday.
February01,2023
China eases companies' burden with tax and fee cuts, deferrals
China's tax refunds, as well as tax and fee cuts and deferrals reached 2.58 trillion yuan (about 384 billion U.S. dollars) from the beginning of this year to June 25, as the country unveiled a slew of supportive policies to ease enterprises' burden, official data showed Thursday.
July01,2022
China to step up tax, fee cuts to support market entities
China will intensify tax and fee cuts with targeted measures in 2022 to bring benefits for market entities and bolster economic growth, according to the Finance Ministry on Tuesday.
February23,2022
Biz China Weekly: Golden week consumption, tax, fee cuts, forex reserves
The following are the highlights of China's business news from the past week:
October10,2020
Interview: China's tax, fee cuts boost vitality of market entities
The orderly implementation of China's tax and fee cut policies has helped invigorate market entities and strengthen the sustainability of enterprises' development, Wang Jun, head of the State Taxation Administration told Xinhua in an interview.
August12,2020
China's tax, fee cuts total over 400 bln yuan in first two months
China's top tax watchdog said Tuesday that the amount of the country's tax and fee cuts had topped 402.7 billion yuan (about 56.8 billion U.S. dollars) in the first two months.
March31,2020
China updates tax cut guideline amid fight against epidemic
China's tax watchdog on Tuesday unveiled a new guideline to introduce more tax relief policies as the country combats the spread of COVID-19.
March11,2020
China issues tax cut guideline amid fight against epidemic
China's tax watchdog has unveiled a guideline to reduce financial pressure in key sectors amid the battle against the novel coronavirus outbreak.
February12,2020
China's new tax, fee cuts at 1.78 trln yuan in Jan.-Sept.
China's new tax and fee reduction policies saved 1.78 trillion yuan (around 252.7 billion U.S. dollars) in total for businesses and individuals in the first three quarters of the year, official data showed Wednesday.
October31,2019
China's new tax cuts over 500 bln yuan in first 4 months
China's new tax cut policies saved 524.5 billion yuan (around 76 billion U.S. dollars) for businesses and individuals in the first four months of this year, official data showed Thursday.
May31,2019
China to extend tax preferences for IC, software companies
The State Council, China's cabinet, on Wednesday decided to continue the preferential corporate income tax policies for integrated circuit (IC) and software companies.
May09,2019
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