Big­ger tax ben­e­fits pro­posed for donors

China Daily (Canada) - - NEWS CAPSULE -

China’s law­mak­ers are propos­ing that in­creased tax re­duc­tions be given for char­i­ta­ble do­na­tions to en­cour­age more con­tri­bu­tions.

Su Xiaoyun, a mem­ber of the Stand­ing Com­mit­tee of the Na­tional Peo­ple’s Congress who also worked for civil af­fairs au­thor­i­ties for more than 10 years, said that tax ben­e­fits are key to im­prov­ing a coun­try’s char­i­ta­ble sec­tor.

“If some­one or some or­ga­ni­za­tion can­not be given a tax de­duc­tion, the mo­ti­va­tion to do­nate will be re­duced,” Sun said.

Law­mak­ers agreed to push for­ward the char­ity law as soon as pos­si­ble.

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