Chinese lawmakers deliberate draft laws on tax cuts
Share - WeChat


BEIJING -- Chinese lawmakers held group discussions on Saturday to deliberate draft laws on urban construction and maintenance tax and deed tax, respectively.
The draft laws were submitted to the 21st session of the National People's Congress Standing Committee for a second reading on Saturday.
Lawmakers said the two drafts were relatively mature and suggested their approval by voting at the session.
The draft law on urban construction and maintenance tax aimed to further clarify the scope of relevant tax reductions and exemptions, while that on deed tax aimed at exempting legal heirs from deed tax on the ownership of land and houses they inherited.
- China activates emergency response as Typhoon Matmo approaches
- Over 230 anticancer drugs feature in national medical insurance catalog
- South China provinces activate Level-IV emergency typhoon response
- Xi congratulates Luxembourg's Grand Duke Guillaume on enthronement
- Prison terms issued over deadly 2023 Shanxi coal company fire
- PLA Navy ships depart HKSAR after open ship events