Will corporate income tax be reduced or reduced for travel invoices at the end of the year?

Yes. According to Sohu News Network’s query, among the value-added tax reduction and exemption policies that tourism companies enjoy, tourism companies can enjoy corporate income tax reduction and exemption policies. Specifically, tourism companies can enjoy corporate income tax reductions and exemptions in accordance with relevant national policies when filing corporate income tax returns. Therefore, Corporate income tax on travel invoices will be reduced at the end of the year. A travel invoice is a voucher issued by a travel agency or travel service provider. It is a proof of purchase of travel services. The invoice includes detailed information such as travel service content, fees, time and location.