Circular on Relevant Tax Policies to Support and Promote Employment
Circular on Relevant Tax Policies to Support and Promote Employment
Circular on Relevant Tax Policies to Support and Promote Employment
Cai Shui [2010] No. 84
October 22, 2010
The finance departments (bureaus), offices of the State Administration of Taxation, local taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the state plan and the finance bureau of Xinjiang Production and Construction Corps,
For the purposes of promoting job creation and encouraging entrepreneurship to create more employment opportunities, following approval of the State Council, relevant tax policies to support and promote job creation are hereby set out as follows.
I. Anyone who holds the Employment or Unemployment Registration Certificate that is marked with "tax policies for independent entrepreneurship" or is attached with a Certificate for Independent Entrepreneurship by University Graduates and engages in individual operation (except construction, entertainment, real estate marketing, transfer of land-use right, advertising, real estate agency, sauna, massage, internet bar and oxygen-bar) shall be entitled to deduction of payable business tax, urban maintenance tax, education surtax and individual income tax in turn for a maximum amount of RMB8,000 per year for three consecutive years.
Where a taxpayer's annual tax payable is less than the foresaid maximum deductible amount, the amount of the actually-paid tax shall be deducted; where a taxpayer's annual tax payable is more than the foresaid maximum deductible amount, the foresaid maximum amount shall be deducted.
For the purpose of this Article, "people who hold the Employment or Unemployment Registration Certificate that is marked with 'tax policies for independent entrepreneurship' or is attached with a Certificate for Independent Entrepreneurship by University Graduates" refer to: (1) people who have registered at the public employment service institutions under competent departments of human resources and social security and have been out of work for more than half a year; (2) registered unemployed people at labor age who come from zero-employment families and families which are entitled to the subsistence allowances for the urban poor; (3) university graduates in the year of graduation. University graduates mean people who have graduated from regular institutions of higher learning and institutions of higher learning for adults; the year of graduation means the civil year during which the graduation takes place, i.e.
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Cai Shui [2010] No. 84
October 22, 2010
The finance departments (bureaus), offices of the State Administration of Taxation, local taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the state plan and the finance bureau of Xinjiang Production and Construction Corps,
For the purposes of promoting job creation and encouraging entrepreneurship to create more employment opportunities, following approval of the State Council, relevant tax policies to support and promote job creation are hereby set out as follows.
I. Anyone who holds the Employment or Unemployment Registration Certificate that is marked with "tax policies for independent entrepreneurship" or is attached with a Certificate for Independent Entrepreneurship by University Graduates and engages in individual operation (except construction, entertainment, real estate marketing, transfer of land-use right, advertising, real estate agency, sauna, massage, internet bar and oxygen-bar) shall be entitled to deduction of payable business tax, urban maintenance tax, education surtax and individual income tax in turn for a maximum amount of RMB8,000 per year for three consecutive years.
Where a taxpayer's annual tax payable is less than the foresaid maximum deductible amount, the amount of the actually-paid tax shall be deducted; where a taxpayer's annual tax payable is more than the foresaid maximum deductible amount, the foresaid maximum amount shall be deducted.
For the purpose of this Article, "people who hold the Employment or Unemployment Registration Certificate that is marked with 'tax policies for independent entrepreneurship' or is attached with a Certificate for Independent Entrepreneurship by University Graduates" refer to: (1) people who have registered at the public employment service institutions under competent departments of human resources and social security and have been out of work for more than half a year; (2) registered unemployed people at labor age who come from zero-employment families and families which are entitled to the subsistence allowances for the urban poor; (3) university graduates in the year of graduation. University graduates mean people who have graduated from regular institutions of higher learning and institutions of higher learning for adults; the year of graduation means the civil year during which the graduation takes place, i.e.
......