A brief analysis on the influence of preferential tax cut and fee reduction measures on the development of small and micro enterprises
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DOI: 10.25236/ermbfe.2019.027
Corresponding Author
Liu Shirui
Abstract
Small and micro enterprises are the pillars of our national economy and the solid foundation for stable and continuous economic growth. However, the problems of difficulty in financing and pressure on taxes and fees facing the small and micro enterprises are severe. Measures taken for small and micro enterprises in tax reduction and fee reduction have multiple effects. As a result, the measures are taken with the purpose not only to relief the burden of the enterprises, but also play an important role in expanding employment, promoting economic restructuring and fostering new growth driver and cultivating consumption demands.
Keywords
Tax cuts and fee reduction; Small and micro enterprises; burden relief for enterprises; stable employment