China News Service, July 22 (China-Singapore Finance and Economics reporter Li Jinlei) According to data from the State Administration of Taxation, as of July 20, a total of new tax cuts and fee reductions and tax rebates and tax deferrals have exceeded 3 trillion yuan.
First, since the beginning of this year, 2,000.5 billion yuan of value-added tax credits and refunds have been refunded to taxpayers' accounts, which is more than three times the scale of tax refunds last year.
Second, in the first half of the year, the country added 507.4 billion yuan in tax and fee reductions.
Among them, the newly added tax cut was 409.7 billion yuan, and the new fee reduction was 97.7 billion yuan.
The third is the accumulative tax deferred payment of 553.3 billion yuan since the beginning of this year.
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