In recent years, tax incentives for small and micro enterprises have been frequent. According to the data of State Taxation Administration of The People's Republic of China, since the implementation of the camp reform in 20 12, the tax has been reduced by nearly 2 trillion yuan, which has opened up the deduction chain, expanded the tax base, lengthened the industrial chain and helped the supply-side structural reform. In 20 17, the preferential tax policies to support mass entrepreneurship and innovation only exceeded 500 billion yuan. It is noteworthy that the three measures decided by the meeting will reduce the tax burden of market players by more than 400 billion yuan throughout the year.
This year's government work report calls for tax cuts of more than 800 billion yuan for enterprises and individuals in 20 18 years, promoting the transformation and upgrading of the real economy and focusing on stimulating market vitality and social creativity. During the two sessions this year, Wang Jun, director of the State Taxation Administration of The People's Republic of China, said that the tax-related content of the government work report is clear, focusing on reducing the tax burden of the real economy such as manufacturing and transportation, and promoting economic transformation and upgrading; Efforts have also been made to reduce the tax burden of small and micro enterprises and wage earners, encourage entrepreneurship, promote consumption and improve people's livelihood.