Extension of preferential tax policies for the mos

2022-07-24
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Extension of preferential tax policies for Inclusive Finance in order to further support inclusive financial services for small and micro enterprises, individual industrial and commercial households and farmers, the Ministry of Finance and the State Administration of taxation have recently issued an announcement to implement the preferential tariff policy for Inclusive Finance as an inclusive financial service for small and micro enterprises, individual industrial and commercial households and farmers, The Ministry of Finance and the State Administration of Taxation recently issued an announcement to extend the implementation period of preferential tax policies related to Inclusive Finance for four years

it is reported that in order to support Inclusive Finance for small and micro enterprises, individual industrial and commercial households and farmers, the Ministry of Finance and the State Administration of Taxation issued value-added tax policies on continuing to support the development of rural finance, on small loan companies, on supporting the financing of small and micro enterprises and on deducting the input tax of leased fixed assets in 2017. The announcement made it clear that the tax preference policy that was originally set to expire on december31,2019 can be implemented. The test results of the implementation period can be saved by themselves. After the test, the curve can be pulled out again and extended to december31,2023

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