Chinese lawmakers deliberate draft laws on tax cuts
Share - WeChat


BEIJING -- Chinese lawmakers held group discussions on Saturday to deliberate draft laws on urban construction and maintenance tax and deed tax, respectively.
The draft laws were submitted to the 21st session of the National People's Congress Standing Committee for a second reading on Saturday.
Lawmakers said the two drafts were relatively mature and suggested their approval by voting at the session.
The draft law on urban construction and maintenance tax aimed to further clarify the scope of relevant tax reductions and exemptions, while that on deed tax aimed at exempting legal heirs from deed tax on the ownership of land and houses they inherited.
- Chongqing motorcycle expo attracts 86,000 on opening day
- China leads Asia with 16 spots in list of top 100 global education cities
- China's first UNESCO Category 1 Center established in Shanghai
- Two South China cities to suspend school, production in response to approaching typhoon
- Dongying advances ecological protection at Yellow River estuary
- Xi extends greetings ahead of farmers' harvest festival