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  • China offers tax relief to overseas talent working in Greater Bay Area

    China's Ministry of Finance (MOF) Saturday announced a favorable tax policy for overseas talent working in the Guangdong-Hong Kong-Macao Greater Bay Area.

    March18,2019


  • China unveils new individual income tax rules for exemption

    China Saturday announced specific rules concerning tax exemption to reduce the amount of individual income tax (IIT) paid on incomes earned overseas.

    March18,2019


  • 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


  • Larger scale tax cuts to be introduced for small, micro businesses

    China will unveil larger scale tax cuts and tax exemptions for micro and small enterprises (MSEs), a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.

    January10,2019


  • Beijing's new tax, fees reductions reach 40 bln yuan in 2018

    Beijing's new tax and fees reductions reached about 40 billion yuan (about 5.8 billion U.S. dollars) in 2018, according to statistics released by the city's finance bureau on Sunday.

    January07,2019


  • China to launch larger-scale tax cuts next year

    China will reduce taxes and fees on a larger scale next year, according to the country's finance minister.

    December29,2018


  • State Council to refine tax incentives for VC firms

    China will introduce more income tax incentives to drive entrepreneurship and innovation, the State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.

    December13,2018


  • China to ease tax burdens for private enterprises

    China will take solid steps to relieve the tax burdens for private enterprises to support better development of private businesses.

    November20,2018


  • Tax, fee reductions in pipeline

    China will continue to reduce taxes and fees, maintaining fiscal expenditure at a relatively high level to back the private sector and stabilize economic growth, Finance Minister Liu Kun wrote in an article published on Monday.

    November13,2018


  • 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 eyes broad-based tax cuts to shore up economy

    China has announced a new round of tax cuts in a bid to shore up its economy amid external uncertainties.

    October25,2018


  • 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


  • N. China's Hebei to further improve business environment

    North China's Hebei Province will make efforts to further improve business environment in terms of enterprise establishment, project approval, service for the mass, supervision, and online services, according to a five-year action plan.

    August20,2018


  • German government gives tax incentive to businesses to buy e-cars

    The tax advantage planned for electric company cars will give e-mobility a boost in Germany, said the Federal Transport Minister, Andreas Scheuer.

    August06,2018


  • China enhances financial support for small businesses

    China is stepping up its support for small and micro businesses by offering new tax cuts and better financial services, officials said Thursday.

    May04,2018


  • Trump urges U.S. lawmakers to cut top tax rate

    U.S. President Donald Trump waded in the tax cuts debates on Monday by urging lawmakers in the Republican-controlled Congress to cut the top income tax rate to 35 percent.

    November14,2017


  • U.S. business optimism over economy slipping, but still positive

    U.S. business optimism over the economy has dropped somewhat recently but it remains positive three months into the presidency of Donald Trump.

    May11,2017


  • China counts on aggressive tax cut to spur economy

    As the biggest tax cut in U.S. history has a domino effect on the rest of the world, China may be about to become more aggressive in cutting its taxes to stay competitive.

    May04,2017


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