www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

chinadaily.com.cn
left corner left corner
China Daily Website

'No more illegal tax cuts for investors'

Updated: 2013-06-28 02:16
By ZHAO YINAN and WEI TIAN ( China Daily)

Pressure mounts in meeting annual fiscal goal, minister of finance says

Senior officials in China have urged local governments to tighten their belts and stop offering illegal tax cuts to investors amid slumping revenues this year.

Liu Jiayi, director of the National Audit Office, the country's top auditor, has called for better supervision of the balance sheets of local governments and an end to illegal tax cuts for investors.

"One important task at the moment is to increase income while cutting down on expenditure," Liu told lawmakers on Thursday during the ongoing bimonthly session of the National People's Congress Standing Committee, the country's top legislature.

Liu said getting rid of illegal tax cuts and other illegal policies can also help restore fair competition in the market.

He said local governments are still subsidizing companies and giving them favorable conditions that contravene national policy, although the central government called for a halt to these several years ago.

Among the 18 provincial regions being audited, local governments have offered nearly 37.1 billion yuan ($6.03 billion) of tax cuts and refunds, as well as 8.3 billion yuan of financial subsidies to companies that invest in their areas.

On the other hand, Liu said, some of those places have not met the investment target for promoting people's livelihoods.

Finance Minister Lou Jiwei, who also delivered an annual report to the top legislature on Thursday, said government revenue faces pressure this year amid the economic slowdown.

In the first four months, fiscal revenue on the national level grew only 6.7 percent year-on-year, a decrease of 5.8 percentage points from a year earlier, mainly due to structural tax cuts and slower growth in foreign trade, Lou said.

"To realize the annual target for revenue growth this year (8.5 percent), fiscal revenue needs to grow at an average 11.3 percent in the remaining months," he said.

However, that will not be an easy mission as there are still conditions restricting the fiscal revenue growth in the coming months, including shrinking enterprise profits and more tax cuts in the pipeline. "Therefore, there is great pressure on realizing the budgeted target growth," he said.

To guarantee healthy growth in fiscal revenue, Lou also called for the end to irregular tax reductions, which are mostly given by local fiscal authorities to lure investors.

"Unauthorized tax reductions will be prohibited, so will hidden tax cut measures such as tax refunds," he said.

Lou reiterated the importance of further tax reform, including the replacement of business tax with value-added tax to lower the tax burden for enterprises, especially smaller ones.

 
8.03K
 
...
主站蜘蛛池模板: 91精品国产91久久久久久青草 | 香蕉国产人午夜视频在线 | 日韩久久影院 | 午夜成年人网站 | 免费看欧美成人性色生活片 | 亚洲欧美精选 | 精品久久中文字幕有码 | 天天爽夜夜操 | 久久综合亚洲一区二区三区 | 91高端极品外围在线观看 | 中文字幕一区二区三区亚洲精品 | 在线视频观看免费视频18 | 久久国产成人亚洲精品影院老金 | 九九99九九视频在线观看 | 亚洲国产精品久久久久秋霞不卡 | 成年人在线免费观看网站 | 国产高清在线看免费视频观 | 中文字幕亚洲区 | 午夜性色福利视频在线视频 | 国产一区二区在线观看视频 | 草久久久久 | 蜜臀91精品国产高清在线观看 | 日本一级毛片在线看 | 午夜一级毛片看看 | 欧美久久久久 | 欧美大片一级毛片 | 国产精品永久免费自在线观看 | 美国特级毛片 | 91在线亚洲 | 日韩精品一区二区三区免费观看 | 真人一级毛片全部免 | 一级亚洲 | 草草影院ccyycom | 一本综合久久国产二区 | 久久免费精彩视频 | 欧美视频精品在线观看 | 日本欧美韩国一区二区三区 | 在线中文字日产幕 | 久久久久国产午夜 | 成人毛片在线播放 | 午夜丝袜美腿福利视频在线看 |