In the past ten years, China's new tax cuts, tax rebates and tax deferrals exceeded 13 trillion yuan


Wang Jun, the director of the State Administration of Taxation, introduced at the national tax work conference held on the 17th that the tax department continued to promote the modernization of taxation and actively served the economic and social development. From 2013 to 2022, the accumulated new tax reductions and tax refunds and tax deferrals exceeded 13 trillion yuan. Wang Jun said that over the past ten years, the CPC Central Committee and the State Council have issued a series of preferential policies around reducing the value-added tax rate, deepening the reform of personal income tax, and supporting scientific and technological innovation, focusing on supporting the relief development of manufacturing industry, small and micro enterprises, and the tax preferential policies have been gradually strengthened and expanded. From "tax reduction and fee reduction" to "tax reduction and fee reduction+tax deferment and fee deferment" to "tax reduction and fee deferment+tax deduction and refund", the tax department should shoulder the responsibility of policy implementation and ensure that the tax policy takes root. Wang Jun also said that China's accumulated tax revenue of 140 trillion yuan (excluding export tax rebates) in the past ten years, together with the social security fees and non-tax income collected, has exceeded 187 trillion yuan. (Xinhua News Agency)

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