Beijing: Further reduce the operating costs of enterprises and fully implement a series of preferential tax policies

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The General Office of the Beijing Municipal Government issued a notice on “Several Measures of Beijing to Actively Respond to the Impact of the Epidemic and Help Enterprises Rescue”. It proposes to fully implement a series of preferential tax policies. From September 1, 2022, for medium-sized manufacturing enterprises that have enjoyed a 50% deferred payment of taxes and fees and for small and micro enterprises in the manufacturing industry that have deferred payment of 100% of taxes and fees, they have been deferred. After the expiry of the deferment period for tax payment, it will be extended for another 4 months. For pure electric vehicles and plug-in hybrids (including range-extenders) whose purchase date is between January 1, 2023 and December 31, 2023 and included in the “Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax” Automobiles and fuel cell vehicles are exempt from vehicle purchase tax. (Securities Times)
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