Tag Archives: State Taxation Administration

The exemption from a tax levied on electric vehicle purchases will be extended until 2024, Beijing announced, in an apparent effort to further bolster the use of battery-powered cars on mainland Chinese roads. Source link

China has vowed to pull no punches when it comes to cracking down on tax evasion in 2022, as Beijing pushes for more equal distribution of wealth under its “common prosperity” policy, while pledging more tax cuts to stabilise economic growth.Authorities will carry out more spot inspections and give greater …