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Manufacturing small, medium and micro enterprises can defer tax payment from November

 Last Update: 2021-11-12
 Source: Internet
 Author: User

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1 octen 3

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The State Council executive meeting held on October 27 by Sinochem New Network announced the implementation of phased tax deferral measures for small, medium and micro enterprises in the manufacturing industry

The meeting decided to implement a phased tax deferment for the corporate income tax, domestic value-added tax, domestic consumption tax and accompanying urban construction and maintenance tax that small, medium and micro enterprises in the manufacturing industry realized in the fourth quarter of this year

The meeting clarified that all small and micro manufacturing enterprises with annual sales revenue of less than 20 million yuan will be deferred; and the taxes of manufacturing medium-sized enterprises with annual sales revenue of 20 million to 400 million yuan will be deferred by 50%

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