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

VAT reform set to go nationwide in August

Updated: 2013-04-11 00:59
By WEI TIAN ( China Daily)

The reform program to replace the business tax with a value-added tax will be expanded nationwide on Aug 1 in pilot sectors, Premier Li Keqiang said during a key meeting on Wednesday.

The expanded pilot program will also include enterprises in the radio, film and television industries, alongside those in the transport industry and some modern service sectors, Li said during an executive meeting of the State Council.

The companies will pay a value-added tax, which can be deducted along the supply chain, instead of a business tax to avoid duplicated taxation and to benefit from a lower tax burden.

As a vital step in fiscal reform, VAT has achieved remarkable results in easing the tax burden on smaller businesses and promoting economic transformation, Li said.

The nationwide expansion will eliminate policy differences between pilot and non-pilot regions. The program will help cut 120 billion yuan ($19.37 billion) in levies for companies in the pilot sectors in 2013.

The VAT reform was first introduced in Shanghai in January 2012 and was later expanded to other cities and provinces.

"The earlier-than-expected expansion sends a signal that the government is speeding up fiscal reform," said Liu Shangxi, deputy director of the Research Institute for Fiscal Science under the Finance Ministry.

"The new leadership is ready to 'walk the walk', rather than just 'talk the talk'," Liu said, quoting a comment Li made during his first press conference after he took office in March.

In addition, Liu said the 120 billion yuan tax reduction was only a conservative estimate, and the true benefit for companies will be several hundred billion yuan.

In 2012, the VAT reform program helped cut 42.6 billion yuan in taxes for companies in the pilot areas, according to the Ministry of Finance.

Also at the Wednesday meeting, Li said the pilot sector will be expanded to rail transport, the postal service and telecommunications "when the time is right".

Liu said the expansion is likely to take place as early as the beginning of next year. "Some may think the pace of reform is not fast enough, but we should not forget that these steps are being taken amid an economic slowdown and lower fiscal revenue."

Premier Li said with the pilot expansion, the central government will study to better allocate the division of fiscal revenue between central and local governments.

8.03K
 
...
...
...
主站蜘蛛池模板: 岛国在线永久免费视频 | 日本视频在线免费播放 | 99国产精品免费观看视频 | 亚洲欧洲国产成人综合一本 | 亚洲在线中文 | cao草棚视频网址成人 | 欧美做爰性欧美 | 九九久久国产 | 欧美人与鲁交大毛片免费 | 免费观看久久 | 欧美日韩一区二区三在线 | 亚洲欧美日韩国产精品影院 | 久久久午夜精品理论片 | 欧美性猛交xxxxx按摩国内 | 免费国产a | 精品一区视频 | 亚洲一区二区三区精品影院 | 色在线看| 欧美大片无尺码在线观看 | 日本欧美三级 | 亚州黄色网址 | 精品国产区一区二区三区在线观看 | 一级毛片不卡免费看老司机 | 亚洲欧美人妖另类激情综合区 | 手机在线看片国产日韩生活片 | 91久久国产 | 欧美另类 videos黑人极品 | 在线观看一区二区三区视频 | 精品国产成人高清在线 | 国产夜色 | 亚洲成a人片在线观看 欧美 | 美女视频免费永久观看的 | 国产黄色自拍 | 免费a级在线观看播放 | 亚欧成人一区二区 | 国内自拍网站 | 国产毛片一区二区三区精品 | 一级毛片免费播放 | 色怡红院| 无国产精品白浆是免费 | 久久无码精品一区二区三区 |