Half Reduction Tax Policy on Import Tariff and VAT

exemption of income tax for the first two years ofmaking profit and 50% tax reduction for thefollowing three years

tax reduction and exemption

tax reduction or exemption

proportionate reduction of property tax

reduction or exemption of tax

regular reduction of income tax

Regulations Governing the Reduction or Exemption of Land Tax

Business Tax Assessed by the Tax Authority

Tax payable-business tax

Tax payable-consumable tax

Tax payable-income tax

tax rate and tax class

To File Tax Returns and Make Tax Payments

reduction-oxidation-reduction pretreatment

Ding-yin (poll tax of adult men forcorvee labor)

Yi-tiao-bian Fa (incorporation of tax and corvee)

1ump sum tax

A harmonious society Fiscal and tax policies Fiscal reform