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Annual limit increased to 30,000 tax exemptions and upgrades for Hainan – Financial News




The annual limit is increased to 30,000 on the island of Hainan without tax and is restored

The next month, the Hainan Free Shipping Tax Policies will introduce new rules and the annual exemption from the island's limit will be increased from 16,000 yuan to 30,000 yuan and unlimited. On 28 November, the Ministry of Finance, Customs and the State Tax Administration jointly announced a statement …


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