Tax Administration: 2020 Will Implement Tax Reduction And Tax Reduction Policy To Optimize The Tax Business Environment.

In 2019, China's new tax reduction and reduction fee exceeded 2 trillion yuan, accounting for more than 2% of GDP, and the annual GDP growth was about 0.8 percentage points. Today (6), the State Administration of Taxation said that in 2020, it will make greater efforts to put the tax reduction and reduction policy in place, further optimize the tax business environment, and deal with the downward pressure on economic growth.

Wang Jun, director general of the State Administration of Taxation, has reduced the reduction to the right place and has collected the collection according to the law. We should actively foster the source of Taxation and take the initiative to help enterprises with potential but temporary difficulties to solve difficulties, so that taxpayers and payers will enhance the double sense of tax reduction and service in the process of reducing taxes and lowering fees.

In addition to implementing the 44 tax related tasks in the business environment Ordinance, which has been formally implemented this year, by the end of this year, all tax service offices, self service tax terminals, 12366 tax service hotlines and electronic tax bureaus will be fully integrated into the evaluation system of government services and will be evaluated by all taxpayers. At the same time, the national tax authorities will gradually promote the electronization of VAT invoices this year, upgrade the e-tax Bureau and personal income tax App, so as to facilitate the smooth and smooth settlement of personal income tax.

Experts say that further tax cuts and tax cuts will bring some pressure on fiscal revenue in the short term, but in the long run, it will help to enhance the vitality of market players and achieve high-quality development.