Tax of Guangxi’s small and micro enterprises reduced by over RMB40 million


According to the requirements of State Administration of Taxation, Guangxi Local Taxation Bureau has continuously promoted the structural reform of supply side and actively implemented relevant policies of streamline administration and taxation reduction, providing a favorable taxation environment, reducing the tax burden of small and micro enterprises, encouraging the public to start business and make innovations, and activating new energy of the market.

According to statistics, the accumulated reduction and exemption of corporate income tax of Guangxi small low-profit enterprises reached RMB45.4811 million in the first half of this year (tax period from January 1 to June 30), rising RMB14,975,100, with an increase of 49.09%.

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