The Ministry Of Finance Defines Next Year'S Structural Tax Cuts.

Treasury Department

At the national financial work conference held in December 25th, Minister Xie Xuren explained the road map for improving the structural tax cuts next year, and expressed the need to improve the livelihood of the people in a more prominent position in the financial work, and to ensure that new results were achieved in improving people's livelihood.

tariff

We will increase imports of energy and resources products, advanced equipment and key components.

Next year, we will continue to implement various policies to increase tax burden on small and micro enterprises, such as value-added tax and business tax threshold.

To implement the preferential tax policies for small and micro enterprises, the small and micro enterprises whose annual taxable income is less than 60 thousand yuan will be reduced to 50% according to the taxable income, and the enterprise income tax will be paid at 20% tax rate.

Sales Tax

The scope of the pilot scheme is to implement the policy of urban land use tax, which supports the utilization of large commodity storage facilities in logistics enterprises.

As an important measure to expand domestic demand, China will further improve the consumption tax system next year, rationally adjust the scope of consumption tax and the structure of tax rates, promote energy conservation and emission reduction and guide rational consumption.