Chinese authorities have canceled tax payments and will give incentive bonuses to doctors and other participants in the nationwide program to combat pneumonia caused by the 2019-nCoV virus, TASS reported referring to the Chinese Finance Ministry.
According to him, such a decision has already been approved by the tax administration of the country.
Medical supplies and drugs purchased by bank transfer and issued by employees in Chinese institutions and public organizations amid an outbreak of coronavirus, will not be subject to individual income tax and will be taken into account when calculating wages.
VAT will be abolished for logistics and courier companies that ensure the delivery of vital goods to the population. Special tax incentives will apply to national enterprises of transport communications, restaurant and hotel facilities, and tourism, which, due to the coronavirus, recorded significant losses in 2020.
















