男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語(yǔ)Fran?ais
China
Home / China / Society

Govt plans to raise personal income tax threshold

By Wang Yanfei and Cao Yin | chinadaily.com.cn | Updated: 2018-06-19 10:17
Share
Share - WeChat

China's personal income tax threshold is expected to rise to 5000 yuan ($775.5) per month from the current 3500 yuan level, according to the amendment draft on individual income tax submitted on Tuesday.

The amendment is the seventh tax overhaul since the personal income tax code of 1980.

For the first time, the taxation is expected to cover all personal income, including income from personal services and rewards and royalties writers earn.

Also for the first time, the following items are deductible from personal tax, such as the cost of children’s education and continuing education, medical fees for major diseases, interest on housing loans as well as housing rent.

The draft on individual income tax has been submitted to the bimonthly session of China's legislative body, the Standing Committee of the National People's Congress, for the first discussion on Tuesday.

Discussion for the tax code revision will touch upon proposing tax deductions in children's education expenditures, medical treatment costs, housing loan interests, and housing rents, according to the draft.

Other possible adjustments include improving the tax rate structure and introducing anti-avoidance clause, according to the draft.

China's total tax revenue in 2017 increased by 10.7 percent year-on-year to 14.4 trillion yuan, according to data from the Ministry of Finance.

Tax revenue from individuals went up by 18.6 percent year-on-year to 1.2 trillion yuan during the same period, official data showed.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 大关县| 怀仁县| 黄山市| 青铜峡市| 丰都县| 乌拉特中旗| 海南省| 南靖县| 洱源县| 五寨县| 中方县| 会泽县| 象山县| 红原县| 湾仔区| 东乌珠穆沁旗| 福建省| 晋城| 闽侯县| 拉萨市| 泰和县| 乐昌市| 江西省| 松桃| 合山市| 崇信县| 文山县| 怀柔区| 南昌县| 习水县| 英德市| 襄樊市| 翁牛特旗| 唐河县| 阜阳市| 邛崃市| 望江县| 建湖县| 竹北市| 衡南县| 大邑县|