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The State Council executive meeting held on the 9th pointed out，Developing small and micro enterprises is related to the stable operation of the economy and stable employment。Meeting decision，Introducing a batch of new inclusive tax reduction measures for small and micro enterprises。

2018，Our country has implemented a large-scale tax reduction and fee reduction，The scale of tax reduction and fee reduction throughout the year is approximately 1.3 trillion yuan。“The beginning of the new year 2019，Small and micro enterprises receive new tax reduction ‘gift package’，Reflects my country’s increased support for the development of small and micro enterprises。" said an associate researcher at the Institute of Financial Strategy, Chinese Academy of Social Sciences，Small and micro enterprises are important entities that stimulate market vitality，It is also a key factor in the smooth operation of my country’s macroeconomics。

The meeting proposed tax reduction measures from various aspects。Among them，Significantly relax the standards for small and low-profit enterprises that can enjoy preferential corporate income tax，At the same time, increase income tax incentives，For small and low-profit enterprises, the annual taxable income shall not exceed 1 million yuan、Part from 1 million yuan to 3 million yuan，25% off respectively、50% included in taxable income，Reduce tax burden to 5% and 10%。After adjustment, the preferential policies will cover more than 95% of taxpayers，98% of them are private enterprises。

Proposed at the same time at the meeting，Mainly including small and micro enterprises、Individual industrial and commercial households and other individual small-scale taxpayers，Raise the value-added tax threshold from monthly sales of 30,000 yuan to 100,000 yuan。All provinces (districts) are allowed、Municipal) Government’s VAT for small-scale taxpayers，Resource tax reduction within 50% range、Urban maintenance and construction tax、Stamp duty、Urban land use tax、Farmland occupation tax and other local taxes and education surcharges、Local Education Additional。

In addition，Meeting clear，Expand the scope of preferential policies for investing in start-up technology companies，Enable more Dafabet reviewstax incentives for venture capital companies and individual angel investors who invest in such companies。To make up for the local financial gap caused by large-scale tax and fee reductions，The central government will increase general transfer payments to local governments。

“This meeting proposed a number of tax reduction measures for small and micro enterprises，Strong policy，Wide scope，Will further reduce the burden on small and micro enterprises，It will also further stimulate the vitality of the enterprise、Helping enterprise development。”Associate researcher at the Institute of Financial Strategy, Chinese Academy of Social Sciencessay。Deployed according to conference，The above tax reduction policy can be retroactive to January 1 this year，The implementation period is tentatively three years，It is expected to reduce the burden of small and micro enterprises by about 200 billion yuan each year。

  Source: Xinhuanet