Among the main economic entities, Chinese government states that they will pay attention to it but some countries
Rationally, in aspects of tax inform, China used to undertake great pressures and now tax reduction competition is
As Tax Cuts and Jobs Act was published in America on April 26, Liao Tizhong from PRC accepted the interview and said,
It’s considered that there is Tax Cuts and Job Act in USA and China have replaced the business tax with a value-added
As the article in Economic Daily pointed out that American government reduced the taxes by the capital’s will and the
Actually, China has reduced the taxes to cope with American measures so that Chinese government only needs to element.
According to Liu Shangxi’s statements in People’s Daily, although American has passed the act and reduced corporate tax
As shown in the data, VAT experimental units will be disparked and the impacts will keep producing influences. From May
What’s more, the member of the national committee of CPPCC, Zhang Lianqi said in the interview of People’s Daily that
The two reasons above are from official media which stands for the authority’s attitude to some degrees. Therefore, from
Actually, the more important reason is that under the current economic circumstances, China can’t have substantial tax reduction.
According to researchers of SIFL, China has a name called infrastructure spree. The infrastructure does pull China’s economy.