The Ministry of Finance, the State Administration of Taxation Circular of the Ministry of Finance and the State Administration of Taxation on Reducing the Sales Tax Rate of Finance and Insurance CaiShui [2001] No.21 March 7, 2001 The state and local taxation bureaus of various provinces, autonomous regions, municipalities directly under the Central Government Ratified by the State Council, the issue on adjusting the sales tax rate of finance and insurance is notified as follows: The sales tax rate of finance and insurance will be reduced 1 per cent each year and it takes three years to reduce the rate from |
The Ministry of Finance, the State Administration of Taxation
2001-03-07