1. A positive answer

Life service industry will continue the policy of adding and deducting value-added tax for service industry this year. In 2122, the deductible input tax for taxpayers in production and life service industry will continue to be added and deducted by 11% and 15% respectively. This involves the value-added tax, the largest tax in China.

ii. Analysis details

Taxation means that one or more enterprises transfer all their assets and liabilities to another existing or newly established enterprise, and the merged enterprise is exchanged for equity or non-equity payment of the merged enterprise to realize the legal merger of two or more enterprises. Increase the pre-tax deduction of equipment and appliances in small and medium-sized enterprises, involving the second largest tax enterprise income tax. The continuation of the year-end bonus separate tax preferential policies, etc., involves the third largest tax category.

III. What industries are there in the life service industry

Life service industry mainly includes catering, accommodation, domestic service, washing and dyeing, hairdressing and beauty, bathing, portrait photography, maintenance service and recycling of renewable resources.