Value-added Tax

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VAT and other deductions to be extended to 180 days next year

BEIJING, December 24 (Xinhua) The State Administration of taxation today issued a notice, starting from next January 1, value-added tax deduction will be deducted from 90 days to 180 days, in order to solve some taxpayers due to withholding tax vouchers overdue, resulting in input tax can not be deducted. The State administration of taxation clarified that VAT general taxpayer obtains the special VAT invoice issued after January 1, 2010, the same invoice for the inland waterway cargo transportation industry and the same invoice of the motor vehicle sales, should be in 180 days from the date of issuance to the tax authorities for certification, and in the certification through the monthly declaration period, to the competent tax ...

New World drug industry fined 9.2 million yuan for illegal sale of cough water

The company was sentenced to jail for the first case of illegal sale of cough water in China Shenzhen News Network 14th morning, the Luohu District Court to Shenzhen Pharmaceutical Co., Ltd. (hereinafter referred to as "Xintiandi pharmaceutical") illegal sales of compound phosphoric acid can be codeine oral solution (hereinafter referred to as "cough water"), Falsely open VAT Special invoice case to make the first instance judgment: Xintiandi Medicine was sentenced to a fine of 9.2 million yuan, the company's legal representative, general manager Cai Yijian, deputy general manager Chen and other 7 people were sentenced to 12 years to 1 years 6 months ranged from imprisonment. It is reported that this is the first mainland China on the illegal sale of cough water ...

June stamp duty on securities transactions down 74.5%

The first half of the national revenue 3,397,614,000,000 to achieve fiscal surplus Beijing, July 13, according to China's Ministry of Finance website News that the first half, the national revenue 3,397,614,000,000 Yuan, compared with the same period last year, reduced 83.205 billion yuan, down 2.4%  , while the national fiscal expenditure of 2,890,256,000,000 yuan, the same period last year, increased by 602.054 billion yuan, an increase of 26.3%. The news pointed out that the first half of the year, the national revenue of 3,397,614,000,000 yuan, a decrease of 83.205 billion yuan, down 2.4%. Among them, the central level income ...

October national revenue increased 684.493 billion year-on-year 28.4%

BEIJING, November 13, according to the State Treasury website News, January-October cumulative, the national revenue of 5,836,380,000,000 yuan, compared with the same period last year, increased 408.799 billion yuan, an increase of 7.5%.  Among them, October national revenue 684.493 billion yuan, increase 151.598 billion yuan in the same month last year, increase 28.4%. October, the national revenue of 684.493 billion yuan, increased by 151.598 billion yuan in the same month last year, an increase of 28.4%. Among them, the central level income of 380.343 billion yuan, an increase of 37%; Local level ...

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