Ministry of Finance: National general public budget revenue from January to August was 14.7776 trillion yuan, a year-on-year decrease of 2.6%.

On September 20, the Ministry of Finance released the financial situation for August 2024. From January to August, the national general public budget revenue was 14.7776 trillion yuan, a decrease of 2.6% year-on-year. After excluding special factors such as the deferred tax payment for small and micro enterprises compared to the same period last year and the tail-off decrease in tax revenue caused by tax reduction policies introduced last year, the comparable growth was around 1%. Specifically, domestic value-added tax was 4.5936 trillion yuan, a decrease of 4.9% year-on-year. Domestic consumption tax was 1.1302 trillion yuan, an increase of 4.2%. Corporate income tax was 3.1385 trillion yuan, a decrease of 5%. Personal income tax was 968.5 billion yuan, a decrease of 5.2%. The text provides a detailed breakdown of various tax revenues and expenditures for the period of January to August in 2024.