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Ningbo SAT alleviated burdens for enterprises

It has been learned from Ningbo State Administration of Taxation recently that last year, Ningbo SAT actively implemented the structural tax-reduction policies. Through all kinds of tax relief of 4.172 billion yuan and a reduction of tax on fixed assets income of 3.945 billion yuan, it greatly reduced the tax burdens for enterprises.

In 2012, on the basis of strengthening auditing against tax cheating or rebating, Ningbo adopted such policies as accelerating its frequency of external information taking-in, promoting network declaration of export tax rebate data, implementing non-stop declaration of export tax rebate for foreign trade enterprises and optimizing the material transferring of export tax rebate, thus greatly facilitates the tax rebate procedure for foreign trade enterprises.

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