State Council meeting: Deliberated and approved the "Implementation Measures of the Value-Added Tax Law of the People's Republic of China" and the "Regulations on Commercial Mediation"

Li Qiang presided over the State Council executive meeting. The meeting deliberated and passed the "Implementation Regulations of the Value-added Tax Law of the People's Republic of China", pointing out the need to effectively ensure the smooth implementation of the value-added tax law, solidify the popularization of laws, and provide operational guidance to ensure that taxpayers have legal basis and tax authorities have enforcement basis, effectively protect the rights and interests of taxpayers, and create a fair competition environment. The meeting also deliberated and passed the "Commercial Mediation Regulations", emphasizing that the promulgation of the Regulations should be used as an opportunity to standardize commercial mediation activities in accordance with the law, establish a professional and high-level team of mediators, and enhance the credibility of commercial mediation. It is necessary to promote the harmonization of China's commercial mediation rules with international norms, enhance the capacity for international legal services, and provide strong guarantees for foreign economic and trade cooperation.