Can you elaborate on the tax policy?

Legal analysis: depending on whether individual industrial and commercial households are engaged in business within the scope of national tax or local tax, the national policy is that the monthly sales are below 30 thousand and the turnover is below 30 thousand, so long as it does not exceed 360 thousand a year, the value-added tax or business tax can be reduced or exempted, but the individual income tax of individual industrial and commercial households still has to be paid. Bonded process: This declaration process is applicable to taxpayers who have not paid personal income tax in full during the tax year, and taxpayers still need to collect and pay taxes after the end of the year.

Legal basis: People's Republic of China (PRC) Tax Collection and Management Law.

Article 1 This Law is formulated with a view to strengthening the administration of tax collection, standardizing tax collection, safeguarding national tax revenue, protecting the legitimate rights and interests of taxpayers and promoting economic and social development.

Article 2 This Law is applicable to the collection and management of various taxes collected by tax authorities according to law.

Article 3 The collection, suspension, reduction, exemption, refund and supplementary payment of taxes shall be carried out in accordance with the law. Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.

No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.

Article 4 Units and individuals that are obligated to pay taxes according to laws and administrative regulations are taxpayers.

Units and individuals that have the obligation to withhold and pay taxes according to laws and administrative regulations are withholding agents. Taxpayers and withholding agents must pay taxes, withhold and remit taxes and collect and remit taxes in accordance with the provisions of laws and administrative regulations.