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Govt to ease tax burden on four industries [Copy link] 中文

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Post time 2016-2-1 08:42:37 |Display all floors
A property construction site in Nanjing, capital of Jiangsu province. [Photo/China Daily]Construction, real estate development, financial services and consumer services will be included in China's corporate tax reform program.
The reform seeks to replace sales tax with value-added tax or VAT - that is, tax on output minus tax on input - thus removing duplication of taxes and easing financial burd ...

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Post time 2016-2-1 08:42:38 |Display all floors
I would suggest that profits tax be further reduced. Moreover, bonuses and preferred shares issued under my SPS scheme (especially those issued to employees as incentives) be treated as before tax expenses.

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