Like tax exemption, it is also a policy measure combined with the seriousness and flexibility of taxation, and it is a widely used tax preference method. Because tax laws often combine tax reduction and exemption into one, people are used to calling it tax reduction and exemption. Tax reduction is generally divided into statutory tax reduction, specific tax reduction and temporary tax reduction.
Extended data
"Tax reduction and fee reduction" includes "tax reduction and exemption" and "cancellation or suspension of administrative fees".
In the individual tax reform plan, some income items, such as wages and salaries, labor remuneration, manuscript remuneration, etc. , will be taxed annually. The Ministry of Finance will also consider appropriately increasing special expenses deduction items related to family livelihood, such as the education expenses of "two-child" families.
In terms of fee reduction, the fee reduction in 20 17 is about 200 billion yuan. The Ministry of Finance focuses on two tasks, including comprehensively cleaning up and standardizing government funds. After the reform is in place, there will be 2 1 government funds nationwide; Cancel or stop collecting 35 administrative fees related to enterprises, and reduce the central fees related to enterprises by more than half, and keep 33 items.
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