BEIJING, Nov. 20 -- China will continue to reduce the tax burden on individuals by improving and better implementing the special individual income tax deduction mechanism.
The mechanism had slashed taxes by over 440 billion yuan (about 62.5 billion U.S. dollars) for 250 million taxpayers in the first nine months of this year, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang Wednesday.
Launched in October 2018, special individual income tax deductions are designed to lower the tax burden for those who have certain expenditures. Those expenditures cover six areas, including children's education, continuing education, medical treatment for serious diseases, housing loan interests, rent and elderly care.
The meeting decided to further lower the tax burden on low- and medium-income groups. It passed a temporary decision to exempt those whose aggregate annual income is no higher than 120,000 yuan within a period of two years from the obligation to declare the settlement and payment of individual income taxes.
Continued efforts should be made to advance the centralized procurement and utilization of medicines as such measures have reduced the burden on the public, according to the meeting.
To ensure the stable supply and quality of medicines, the country will establish reporting systems that can reflect the emergency stocks, inventories and production capacities of bid-winning medicine manufacturers.
The meeting passed a draft law concerning urban maintenance and construction tax and agreed to submit the draft to the Standing Committee of the National People's Congress for deliberation.
四级英语翻译训练(5)
如何翻译“稳健的财政政策和货币政策”
四级考试英译汉所需掌握4个原则
四级考前10日冲刺:英语翻译备考对策
2014年12月英语四级考试翻译参考答案
四级翻译解题策略
2015年英语四级过关专项训练―英译汉
2014年12月英语四级翻译点评
四级英语考试翻译提高训练(2)
2014年12月英语四级翻译答案(文都版)
英语四级考试翻译题模拟精选(1)
四级英语翻译训练(4)
2014年12月英语四级翻译参考答案
2015年春季四级讲义―简短回答解题技巧
点评2014年12月英语四级翻译
四级英语英译汉的目的
2014年12月英语四级翻译答案及评析
四级英语翻译训练(3)
大学英语四级英汉词汇互译的方法
2014年12月英语四级翻译答案以及解析
2015年春季四级讲义―英译汉翻译步骤
2014年12月英语四级考试翻译解析
2014年12月19日英语四级翻译答案
2014年12月英语四级翻译与解析
2015年英语四级可能出现短文改错的注意事项
“眼科医院”应该怎么译?
四级英语翻译训练(6)
2014年12月英语四级翻译参考答案及解析(昂立)
“简约而不简单”的句子翻译
2014年12月英语四级翻译题及答案
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |