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Tax policies unveiled to support battle against virus Minist

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   AstaffmemberwearingafacemaskarrangesstacksofChineseyuanbanknotesatabankinNantong,EastChinasJiangsuprovince,onJan30,2020.[Photo/Agencies]Individualincometaxisexemptedfromtemporaryworksubsidiesandbonusesformedicalstaffandotherpersonnel,whofightforepidemicpreventionandcontrol,startingfromJan1,’sMinistryofFinanceandStateTaxationAdministrationjointlyannouncedthatexcludingcash,physicalobjects,suchasmedicine,medicalsuppliesandprotectivesuppliestopreventpneumoniafromnewcoronavirusinfections,arenualsdirectlyorthroughnonprofitorganizationsandgovernmentsabovethecoun,consumptiontax,urbanmaintenanceandconstructiontax,educationsurcharges,andlocaleducationsurchargesareexemptedfromgoodsproduced,,catering,accommodationandtourismsectorscanbecarriedovertoanextendedmaximumperiodofeightyears,China,lifeserviceanddailynecessitiesdeliveryservicesectorswillbeexemptedfromthevalue-addedtax,andairlinepaymenttothegovernmentscivilaviationdevelopmentfundisalsowaived,dlaterbasedontheepidemicsituation,accordingtothestatements.。

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