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New Tax Policies Announced To Improve Employment

09.11.10 18:58 Age: 8 yrs
New Tax Policies Announced To Improve Employment

The Ministry of Finance and the State Administration of Taxation have recently issued the “Notice on Tax Policies to Support and Promote Employment”, providing that the new tax incentive policies aimed to support and promote employment shall take effect as of 1 January 2011. The Notice makes adjustments and improvement based on the existing tax preferential policies for re-employment of laid-off personnel, including: focusing on support for starting own businesses; expanding the scope of persons eligible to enjoy the tax incentives for starting own businesses; maintaining the existing preferential tax policies; and further regulating the administration of preferential tax policies.

 

Source: szs.mof.gov.cn/zhengwuxinxi/zhengcefabu/201010/t20101028_344903.html

 

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