Data map: Cinema. China News Service reporter Hou Yushe
China News Service, May 14th, according to the Ministry of Finance website, on May 14, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Tax and Fee Support Policies for Movies and Other Industries" from January 1 to December 2020 On the 31st, income from taxpayers providing movie screening services is exempt from VAT. For the loss incurred by the film industry enterprises in 2020, the maximum carry-over period will be extended from 5 years to 8 years. From January 1, 2020 to December 31, 2020, cultural construction fees will be exempted.
In addition, the Ministry of Finance and the National Film Administration issued an announcement that Hubei Province will be exempted from special funds for the development of the national film industry from January 1, 2020 to December 31, 2020; On August 31, 2020, special funds for the development of the national film industry will be exempted.