- The National Taxation Bureau of Foshan City is seeking public opinions on the announcement of the standard deduction amount for land value-added tax in Foshan City in 2020.
- The purpose is to improve the management of land value-added tax settlement and promote the sustainable and healthy development of the real estate industry.
- The draft announcement is based on relevant laws and regulations, including the Tax Collection and Administration Law of the People’s Republic of China and its implementation rules.
- The announcement is open for public opinions.
Source: lexiscn.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
