The State Council has decided to expand the range of trials for the conversion of business tax into VAT

December 01, 2019

On the 25th, Premier Wen Jiabao of the State Council presided over the State Council's executive meeting and decided to expand the range of business tax levy VAT pilots. The meeting decided to change the business tax for transportation and some modern service industries to the scope of value-added tax pilots from August 1, 2012 to the end of the year, and expand it from Shanghai to Beijing, Tianjin, Jiangsu, Zhejiang, Anhui, Fujian, and Hubei in batches. , Guangdong and Xiamen, Shenzhen, 10 provinces (municipalities, separate cities). Next year, we will continue to expand pilot areas and select some industries to pilot nationwide. In addition, the meeting also discussed and adopted the "Several Opinions on Implementing the Strategy for Promoting the Rise of Central China".

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