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    What Is Source Withholding?

    2011/1/18 17:00:00 172

    Source Withholding Tax And Paying Taxes

      

    withholding at source

    It means that the payer is the withholding agent.

    pay taxes

    The practice of withholding taxes on behalf of a person when paying the relevant income.

    The biggest advantage of withholding the source is that it can effectively protect the tax source, ensure the state's revenue and prevent stealing.

    Tax evasion

    Simplify tax procedures.

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    Resource Tax Reform Has Been Effective This Year Or In The Western Region.

    Recently, from the fourth meeting of the eleventh the Xinjiang Uygur Autonomous Region people's Congress, Xinjiang's resource tax revenue in 2010 was as high as 1 billion 910 million yuan, an increase of 232.3% over the same period last year. Experts point out that this means that the resource tax reform launched last year has achieved results and will continue to be promoted to 12 provinces in the western region this year.

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