What is the School Tax Deduction?
School tax deductions refer to the government's tax deductions to support the development of education. Including: (1) Tax reduction. The corresponding amount of tax is reduced. (2) Exempt. The corresponding tax amount is exempted. (3) Starting point. A higher threshold is imposed on the taxable objects, and no tax will be levied if the threshold is not exceeded. (4) Exemption. According to certain standards, the amount deducted from the taxable objects in advance is not taxable. Governments have different deductions for education or school taxes. [1]