Circular of the State Council on Matters Related to Tax and Other Preferential Policies  

GF [2015] No. 25  

People's governments of provinces, autonomous regions and municipalities directly under the Central Government, ministries and commissions of the State Council, and institutions directly under the State Council:  

The relevant matters involved in the Notice of the State Council on Sorting out and Regulating Tax and Other Preferential Policies (GF [2014] No. 62) are hereby notified as follows:  

1、 The tax and other preferential policies formulated by the state should be implemented item by item.  

2、 The preferential policies that have been issued by various regions and departments shall be implemented according to the specified time limit if there is a specified time limit; If there is no time limit and it is really necessary to adjust it, the local government and relevant departments shall establish a transition period in accordance with the principle of keeping pace and ensuring stability, and continue to implement it during the transition period.  

3、 The preferential policies in the contracts signed with enterprises in various regions shall continue to be effective; The cashed part shall not be retroactive.  

4、 All regions and departments shall formulate and introduce new preferential policies in the future. In addition to the existing provisions of laws and administrative regulations, those involving tax or non tax revenue approved by the central government shall be reported to the State Council for approval before implementation; Others shall be implemented after the approval of the local government and relevant departments, and the arrangement expenditure shall not be generally linked to the tax or non tax income paid by enterprises.  

5、 The special clean-up work specified in the Notice of the State Council on Cleaning up and Regulating Tax and Other Preferential Policies (GF [2014] No. 62) will be carried out after further deployment.  

the state council  

May 10, 2015