Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting the Deduction Standards for Individual Income Tax Expenses for Self-Employed Industrial and Commercial Household Owners, Sole Proprietorship Enterprises, and Partnership Enterprise Natural Person Investors
This document adjusts the individual income tax expense deduction standards for self-employed business owners, sole proprietorship enterprises, and natural person investors in partnership enterprises. It provides updated tax deduction rules for these categories of taxpayers.