SME Promotion Law, the second trial to increase tax provisions _ News Channel Network _ _ China accounting perspective is required accountants - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

, Twelve times The Standing Committee held its twenty-eighth meeting to continue to consider the draft revision of the SME Promotion Law. Previously, the Twenty-fourth meeting of the Standing Committee of the 12th National People's Congress first considered the draft revision of the SME Promotion Law. Some members of the Standing Committee, Concessions are important means to promote the development of small and medium enterprises, it is recommended in the draft to further clear phase Preferential measures. The National People's Congress Law Committee, after research, proposed to increase the provisions of the state to meet the requirements of small micro-enterprises in accordance with the provisions of the reduction, , And other measures; colleges and universities graduates, veterans and other small and medium-sized enterprises to start, in accordance with state regulations to enjoy tax incentives and fees relief; Enterprises and individual investors to invest in start-up period of scientific and technological innovation enterprises, in accordance with state regulations to enjoy tax incentives; national improvement of small and medium enterprises research and development Plus deduction policy to support small and medium enterprises technological innovation. Among them, the revised draft of Article XI provides that the state is conducive to the development of small micro-enterprises tax policy, to meet the conditions of small micro-enterprises in accordance with the provisions of the reduction, exemption from corporate income tax, value-added tax and other measures to simplify the tax collection and management procedures, Reduce small microenterprises The Article 25, paragraph 1, provides that colleges and universities graduates, veterans, unemployed persons, disabled persons and other small micro-enterprises, in accordance with state regulations to enjoy tax incentives and fee waivers. Article 26 provides that the state encourages social funds to participate in the investment of small and medium enterprises. Enterprises and individual investors to invest in start-up period of scientific and technological innovation enterprises, in accordance with state regulations to enjoy tax incentives. Article 32, paragraph 3 provides that the state to improve the research and development costs of SMEs plus deductive policies to support small and medium enterprises technological innovation.