Tax incentives of small and micro enterprises in yiwu city 2015-09-02
Yesterday, the State Council executive meeting decided that China will increase the tax incentives for small and micro enterprises, and the introduction of two policies: first, from October 1st until the end of 2017, the tax will be halved by 200000 yuan (including 300000 yuan), two yuan to 20000 yuan per month, 200000 yuan to 30000 yuan, individual industrial and commercial households and other individuals exempt from value-added tax, business tax policy implementation period, by the end of this year to 2017.
Yiwu municipal tax bureau policy and regulations department concerned that the implementation of the new tax policy, Yiwu can enjoy small and micro enterprise income tax concessions will expand to 24800, the city's corporate income tax taxpayers 93.23%, is expected to last year more than 8470 yuan, the city's 46000 small and micro enterprises and individual industrial and commercial households will continue to enjoy the tax exemption policy, the annual tax cut is expected to reach 400000000 yuan, two total tax cuts of nearly 500000000 yuan.