Application for Qianhai governmental tax subsidy starts

Source :Tan Yifan,Yin Ran

 

The Qianhai Authority announced recently that the application of individual income tax subsidy of overseas talents (high-level and urgently-needed talents) was started, which is the fourth time for talents to apply for such subsidies in Qianhai.

To create a low-tax-rate environment, Qianhai is testing the “double 15 percent tax deduction” policy on enterprises income tax and individual income tax. Each qualified enterprise can enjoy 15 percent discount in enterprise income tax. According to relevant policies, each qualified individual can enjoy a subsidy for the individual tax that was above 15 percent.

The third batch of such subsidy has benefited 156 people, and the total subsidy reached 61 million yuan. 

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2017-02-17 12:23:00

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