Start delivery of value-added tax reform, construction and other modern service industries take the lead in reducing the burden

Premier Wen Jiabao chaired a State Council on the 26th executive meeting, decided to launch value-added tax system, deepen the reform. The meeting decided that the first part of the Shanghai modern transport and services such as pilot. Meanwhile, the current standard rate of VAT of 17% and 13% lower tax rate based on the new 11% and 6% two ...Start delivery of value-added tax reform, construction and other modern service industries take the lead in reducing the burden