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

Business / Economy

More tax reforms on agenda: Minister

By Wei Tian (China Daily) Updated: 2014-03-07 08:17

More tax reforms on agenda: Minister

China's macro tax burden as measured by the public revenue-to-GDP ratio was 22.7 percent in 2013. Many are expecting that the promised tax reforms may ease the tax pressure, but they might be disappointed.

Yang Zhiyong, head of fiscal science research at the Chinese Academy of Social Sciences, said the impact of such things as VAT reform on companies will differ according to the company.

"The aim of VAT reform is not to increase the overall tax burden," Yang said.

As for consumption tax, Jia Kang, head of the Institute for Fiscal Science Research under the Ministry of Finance, said the reform aims to boost revenue for local governments and encourage local officials to think more about stimulating consumption than attracting investment.

More tax reforms on agenda: Minister

More tax reforms on agenda: Minister

 
Reforming the resources tax, Jia said, will involve assessing resources such as coal on a value base rather than volume base, which may raise the amount of taxation.

At the press conference, Lou ruled out the possibility of raising the threshold for personal income tax. It now stands at 3,500 yuan ($570) a month, but he said there will be a comprehensive plan for tax deductions taking into account family living expenses.

Lou also hinted that certain flawed tax policies, such as the 20 percent income tax levied on a family's property sales, which has driven up the number of divorce cases for the purpose of tax avoidance, should be modified or canceled.

Regarding overall economic growth goals set for this year, Lou called for a more comprehensive understanding of the target instead of just fixating on the 7.5 percent figure.

The premier announced on Wednesday that the country will target an unchanged 7.5 percent GDP growth for 2014, while vowing to keep inflation at around 3.5 percent and create 10 million more urban jobs to ensure the registered urban unemployment rate does not rise above 4.6 percent.

Noting that the report used "around" for those targets, Lou said a 7.3 percent or 7.2 percent growth rate can still be considered within that range.

GDP growth, inflation and employment all are key factors that should be taken into account when assessing economic conditions, Lou said.

"Whether the final reading is a touch more or less than the 7.5 percent target is not that important. Employment is the key," he added.

Xinhua contributed to this story.

More tax reforms on agenda: Minister

Top 10 figures in 2014 govt work report 

More tax reforms on agenda: Minister

Experts: GDP growth target reasonable 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
尖扎县| 化德县| 集贤县| 通河县| 辰溪县| 吉隆县| 龙口市| 安仁县| 手游| 万荣县| 郁南县| 华容县| 津市市| 兰考县| 怀宁县| 郎溪县| 搜索| 新泰市| 通化县| 交口县| 宜良县| 济源市| 盘山县| 台州市| 祁东县| 杂多县| 原平市| 新巴尔虎右旗| 长阳| 固镇县| 周至县| 清涧县| 襄垣县| 家居| 广丰县| 阿拉尔市| 南漳县| 达州市| 耿马| 丰宁| SHOW|