and external shocks from the long-term trend and to conclude that China’s potential growth rate really is 6-6.5 percent.
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The decision allows provincial-level governments to raise tax relief by 20 percent at most, depending on the needs of the region.
Companies who have hired the needy and paid social insurances for them can also en
Local governments at provincial levels can lift tax relief by 30 percent at most according to local conditions.
The tax deduction mainly covers value-added tax, urban maintenance and constru
A separate statement, which was jointly issued Saturday by the Ministry of Finance, the State Taxation Administration and the Ministry of Vete
Companies who have hired veterans can also enjoy tax deduction to the tune of 6,000 yuan per person a year for three ye