中国为小微企业减税

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　　Chinese tax authorities have announced companies with annual incomes of less than 200-thousand yuan are going to see their rates cut down to 10-percent.

　　The tax assessments² will be based on the value of the company's assets and the number of employees they have.

　　Liu Lijian is with the State Administration of Taxation³.

　　中国为小微企业减税

　　"The government has adjusted the tax standards four times in five years since 2010. This has cut the taxes for around half of all small and micro-sized companies. This eases the tax burden on companies whose annual income is less than 30-thousand yuan to 200-thousand yuan. This shows our government is increasing support for small and micro-sized companies."

　　The reduction of the tax burden for small and micro-sized companies will run until the end of 2017.

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