综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Report says tax authority's reform efforts are succeeding

By Chen Jia | China Daily | Updated: 2017-11-23 07:18
Share
Share - WeChat

China's tax authority made remarkable progress last year in its reform efforts, achieving positive changes in tax system structure, technology and the administrative culture, according to a report jointly issued by the World Bank Group and PwC.

The changes have helped to reduce the time in paying taxes by 20 percent from 259 hours in 2015 to 207 hours in 2016; that is also a reduction of 75 percent since 2004, according to the report: Paying Taxes 2018, which measured the ease of paying taxes across 190 economies.

"The Chinese State Administration of Taxation has been working hard to achieve its goal of establishing a modern tax administration system by 2020," the two organizations noted. Their report confirmed that a focus on tax reforms and technology in China has eased tax compliance burdens.

Matthew Mui, a partner of PwC China National Tax Policy Services, said: "We see that China's tax environment has been continuously evolving, making it easier for companies to fulfill their compliance obligations."

According to a working summary, in 2016, SAT introduced 8,336 measures via the "Spring Breeze Campaign" to ease tax compliance, including streamlining organization of all levels of tax bureaus, standardizing various tax payment procedures and systems, and embracing young taxpayers' favorite online and mobile apps to provide innovative tax services and promote timely awareness of tax rules.

The SAT's "Internet + Taxation Initiative", which was launched in 2015, will "unlock the potential of big data to benefit taxpayers", as the report said, through sharing more data among government bodies to avoid repetitive data collection, online training to facilitate the understanding of systems and tax rules, and e-invoices to reduce the time and cost for handling paper invoices.

A new system to standardize tax compliance procedures across regions, eliminate duplicate filing and enhance the efficiency of tax authorities has also been built, as the so-called "Golden Tax III" System.

China's tax reform, which is to replace business tax with a value-added tax, aiming to boost service industries in China, entered its final phase in May 2016, and it has decreased the total tax and contribution rate by 0.3 percentage points between 2015 and 2016, or an overall tax reduction of 0.8 percentage points, according to the report.

Research from Shanghai University of Finance and Economics, issued in August, showed that corporate taxpayers enjoyed tax savings of 699 billion yuan ($103 billion) during the past 12 months.

Top
BACK TO THE TOP
English
Copyright 1994 - . 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
CLOSE
 
柏乡县| 化隆| 八宿县| 繁昌县| 磐安县| 鹰潭市| 蛟河市| 明星| 海丰县| 工布江达县| 澜沧| 德安县| 东源县| 洪江市| 南通市| 阿荣旗| 逊克县| 东光县| 沈阳市| 垦利县| 东辽县| 丹凤县| 疏勒县| 罗定市| 横山县| 梧州市| 黎城县| 五台县| 德阳市| 定陶县| 方山县| 永春县| 吴川市| 花莲市| 黎城县| 北安市| 黄龙县| 襄樊市| 尚志市| 专栏| 成武县|