July 30 2021

State Council Proposes to Give IIT Special Additional Deduction to Parents for Their Expenditure for Taking Care of Children Below Three

Announcement by The Communist Party of China Central Committee and the State Council

The Communist Party of China Central Committee and the State Council released on July 20, 2021 the Decision about Optimizing Birth Policies and Promoting Long-term and Balanced Population Development, introducing three-child policy and supporting measures.

The decision proposed to offer IIT special additional deduction to parents for their nursing expenses for children below three years old.

We suppose in near future official announcement and detailed implementation will be given by the State Taxation Administration.