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Strengthen Tax Support For SMEs - Ministry Of Finance


The Ministry of Finance has issued a notice calling for authorities to implement tax and fee reduction policies for SMEs to ensure they can effectively re-vitalise and develop accordingly. The notice said authorities should coordinate policies across government departments and work together to guide fiscal funds to increase innovation. Regional governments will face zero tolerance from regulators should they violate tax collection policy and the ministry will not allow them to arbitrarily increase fees. (Source: Securities Daily)

MNI Beijing Bureau |
MNI Beijing Bureau |

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