Since last year, Suzhou Industrial Park Local Taxation Bureau has taken effective measures to fully implement the tax preferential policy on accelerated depreciation of fixed assets.

As of the third quarter of 2015, a total of 1,332 enterprises benefitted from this preferential policy, with normal amount of depreciation reaching 26, 287,200 yuan, the cumulative accelerated depreciation amounting to 63,071,900 yuan, and the discount amount of accelerated depreciation reaching 36,784,700 yuan. Next, SIP Local Taxation Bureau will continue to do a good job in the implementation of this preferential policy for the purpose of supporting business start-up and innovation.