When Reducing Taxes And Lowering Fees, 31 Provinces, Municipalities And Cities Will Be Reduced To " Six Tax And Two Fee "

Reporters learned from the State Administration of Taxation, as of now, 31 provinces, autonomous regions and municipalities have been civilized, small and micro enterprises "six tax two fees" according to 50% magnitude reduction. Dalian, Qingdao, Ningbo, Xiamen and Shenzhen have 5 separate cities under the provincial regulations.

Allowing local governments to reduce the "six tax and two charges" within a certain range is an important part of the new round of policies to reduce tax and fee reduction for small and micro enterprises. Prior to this, the executive meeting of the State Council, held in January 9th, decided to introduce a number of preferential tax reduction measures for small and micro enterprises. In January 17th, the Ministry of Finance and the State Administration of Taxation informed the people's Government of the provinces, autonomous regions and municipalities directly under the central government that, according to the actual situation in the region and the need for macroeconomic regulation and control, the small-scale taxpayers of value-added tax could reduce the resources tax, the urban maintenance and construction tax, the real estate tax, the urban land use tax, the stamp duty (excluding stamp duty on securities spanactions), the farmland occupation tax and the education fee plus local educational attaching, and the policy execution time was from January 1, 2019 to December 31, 2021 in the 50% tax rate.

The implementation of the "six tax and two fee" reduction measures in various provinces (autonomous regions and municipalities) has created conditions for the small and micro enterprises to further reduce their taxes and reduce fees. It is understood that on January 21st and 23, the three provinces in Jilin, Shanxi and Zhejiang first decided to reduce the "six tax and two fee" by 50% magnitude grid, while the other 28 provinces (districts and cities) also gradually reduced their ranks before and after the lunar new year.

"31 provinces (autonomous regions and municipalities) have reduced the" six tax and two fees "according to the 50% maximum margin, which is one of the important measures launched by the central government and the local authorities to jointly cope with the challenges of the economic situation. The intensity, speed and implementation of the measures are rare in the past. This reflects the determination to promote stable operation of the economy and employment stability from the central to the local level with the development of small and micro enterprises. Professor Hu Yijian, Dean of the Institute of public policy and governance of Shanghai University of Finance and Economics, believes that this will further reduce the burden of market participants, and is of great significance for promoting economic spanformation and upgrading, enhancing the ability to deal with the downward pressure and challenges of the economy and boosting the quality of the economy.