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

2011/12/27 9:02:00 23

Xie Xuren, Minister of finance, explained the structural improvement next year at the national financial work conference held in December 25th.

Tax reduction

The roadmap also indicates that we should improve the people's livelihood in a more prominent position in the financial work and ensure that we have achieved new results in improving people's livelihood.

Xie Xuren pointed out that in 2012, China will reduce tariffs on some imported products, increase energy and resources products and advanced equipment.

crux

Parts import.

Next year, we will continue to increase the value added tax and business tax threshold.

Light small micro

Various policies on the tax burden of enterprises.

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.

Next year, our country will expand the scope of the pilot scale of the business tax difference of logistics enterprises, and implement the policy of urban land use tax to support the land for bulk commodity storage facilities of 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.