Legal Basis: Announcement of the Ministry of Finance and State Taxation Administration of The People's Republic of China on Implementing Preferential Income Tax Policies for Small and Micro Enterprises and Individual Industrial and Commercial Households In order to further support the development of small and micro enterprises and individual industrial and commercial households, the relevant matters concerning the implementation of preferential income tax policies for small and micro enterprises and individual industrial and commercial households are hereby announced as follows:
1. On the basis of the preferential policies stipulated in Article 2 of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises (Cai Shui [2065.438+09] 13), the annual taxable income of small and micro enterprises does not exceed 6.5438+00,000 yuan.
Two, for the part of the annual taxable income of individual industrial and commercial households does not exceed 6.5438+0 million yuan, on the basis of the current preferential policies, personal income tax will be levied by half.