Home >

State Council: The Time Limit For Personal Housing Business Tax Exemption Will Be Restored From 2 Years To 5 Years.

2010/12/10 15:33:00 43

Business Tax Policy

   The State Council The executive meeting decided that the time limit for individual housing transfer business tax will be restored from 2 years to 5 years, and other housing consumption. policy Continue to implement.


Premier Wen Jiabao chaired a State Council executive meeting on 9 April to improve and promote consumption A number of policy measures were discussed and approved in principle on the budget for Trial Implementation of social insurance funds.


The meeting held that, since the fourth quarter of last year, in response to the impact of the international financial crisis, the central government has adopted policies and measures to improve people's livelihood and promote consumption, effectively stimulate the consumption potential of urban and rural residents, and promote the production and structural adjustment of industries such as household appliances, automobiles, housing, energy saving and environmental protection products, so that people, especially farmers and urban low-income families, get tangible benefits and play an important role in stabilizing and recovering China's economy.


The meeting pointed out that China's economic development will face many difficulties and challenges next year. In order to achieve steady and rapid economic development, we need to continue to expand domestic demand, especially to enhance consumption's role in stimulating economic growth.


The general principle is that policies to promote consumption must be further strengthened. Most of the existing policies should continue to be implemented. At the same time, in order to further strengthen consumption support for farmers and needy people, we must make some adjustments and improvements to some policies according to the requirements of economic restructuring and environmental protection.


(1) continue to implement the policy of home appliances to the countryside. We will substantially raise the ceiling price of home appliances in the countryside, and further improve the subsidy standards and methods for home appliances in the countryside. Each province (district or municipality) can add 1 varieties to the subsidy norm according to local conditions.


(two) the implementation of the policy of car going to the countryside extended to the end of next year, and the implementation of the policy of motorcycle going to the countryside, which has been included in the subsidy channel for motor vehicles to the countryside, to January 31, 2013.


(three) after the end of May of the end of next year, the household appliances will continue to implement this policy and implement it in areas with dismantling capacity and other conditions.


(four) continue to implement the subsidy policy for the purchase of agricultural machinery and equipment, and appropriately increase the scale of subsidy funds.


(five) continue to implement the project of saving energy for energy-saving products, increase the promotion of high-efficiency lighting products, expand the pilot cities of energy saving and new energy vehicle demonstration from 13 to 20, and select 5 cities to subsidize private purchase of energy saving and new energy vehicles.


(six) the policy of reducing the purchase tax for small passenger cars with a reduction of 1.6 liters and below is extended until the end of 2010, with a reduction of 7.5%. The standard of allowance for bicycles is increased to 5000 yuan to 18 thousand yuan.


(seven) the time limit for the exemption of personal housing transfer business tax has been restored from 2 years to 5 years, and other housing consumption policies continue to be implemented.


(eight) it will extend the implementation period of supporting social insurance premiums, reducing part of the premium rates, providing related subsidies and reemployment tax incentives for reemployment of unemployed persons and the social insurance subsidy policy for flexible employees for 1 years.


The meeting pointed out that in recent years, with the establishment and improvement of various social insurance systems, the scale of income and expenditure of China's social insurance fund has increased rapidly. It is necessary to set up a budget system and incorporate the collection and use of social insurance funds into government budget management, so as to enhance the planning and binding force of fund management. This is of great significance for promoting the transparency and transparency of fund management, improving the ability and level of fund guarantee, accelerating the development of social insurance, safeguarding the vital interests of the people and social stability.


The meeting decided that five basic social insurance funds, such as basic old-age pension, unemployment, basic medical care for urban workers, industrial injury and childbirth, should be included in the budgeting of the 2010 budget. Other social insurance funds established according to law should also be incorporated into the fund budget management as soon as the conditions are ripe. Other matters were also discussed.

  • Related reading

Levy &Nbsp; National People'S Congress "Network Hearing"

Industrial and commercial tax
|
2010/12/10 15:30:00
50

Taiwan'S Housing Policy Is &Nbsp; Public Housing Sales Will Pay More Taxes Next Year.

Industrial and commercial tax
|
2010/12/9 15:26:00
52

Yinchuan Handwritten Invoice Will Be Delisted Next Year.

Industrial and commercial tax
|
2010/12/9 15:23:00
40

Green Buildings Or Property Tax Reductions.

Industrial and commercial tax
|
2010/12/9 15:20:00
47

Individual Tax Reform Will Launch &Nbsp Next Year, And Tax Cuts Will Be Substantially Reduced.

Industrial and commercial tax
|
2010/12/8 16:28:00
44
Read the next article

The Four Categories Of Environmental Taxes Are &Nbsp, And The Tax Rate Is Controversial.

The environmental tax plan drawn up by the three ministries of the Ministry of finance, the State Administration of Taxation and the Ministry of environmental protection has been formed. Four tax categories have been initially set up, and each year the levy is 100 billion yuan.