Law to prevent employment discrimination.
SAT revises enterprise income tax rates for small businesses in eight industries.
Individual income tax exemption formalities streamlined for winners for scientific and technological awards.
Tax rates on interest income of foreigners may follow bilateral tax agreements.
Land value-added tax levied to cool down the property market in Shanghai.
Insurance enterprises allowd to obtain pre-tax deductions of commission expenses for surrendered insurance policies.
Individual income tax on savings interest significantly reduced.
Stamp duty reduced to curb securities speculation.
Tax law revised to allow reduction and waiving of tax on savings interest.
Export tax rebate rate for garments dropped to 11%.