On January 1, 2026, the Announcement of the Ministry of Finance and the State Administration of Taxation on the Connection of Value added Tax Preferential Policies after the Implementation of the Value added Tax Law (Announcement No.
10 of 2026, hereinafter referred to as “Announcement No.
10″) was officially implemented.
The implementation of this policy marks the official end of the simple taxation model that the concrete industry has continued for nearly 17 years, from 3% simple taxation to 13% general taxation.
The concrete industry is facing new challenges in tax compliance and cost control.
How can concrete companies respond quickly and effectively to policy changes, maintain their operating bottom line, and reduce tax costs? Today, Lawyer Wanfang brings you the following plan:.