In the first half of the year, the Yili, Mengniu, and New Dairy industries made up taxes one after another. According to several dairy company executives confirming to the 21st Century Economic Report reporter, the implementation standards of tax regulations are being updated. The main point is that the scope of corporate income tax concessions for initial processing of agricultural products has changed. For dairy companies, the change is that some products have been re-identified as deep-processed products, and the tax base may increase.

In the first half of the year, the Yili, Mengniu, and New Dairy industries all made up taxes. According to several dairy company executives confirming to the 21st Century Economic Report reporter, the implementation standards of tax regulations are being updated. The main point is that the scope of corporate income tax concessions for initial processing of agricultural products has changed. For dairy companies, the change is that some products have been re-identified as deep-processed products, and the tax base may increase.