Related News
Smoking gets more expensive
China has increased taxes on tobacco products, the government said over the weekend.
The taxes rose to 56 percent from 45 percent on cigarette cartons costing 70 yuan (US$10.24) or more, the Ministry of Finance and the State Administration of Taxation said in a statement.
The taxes for cigarette cartons costing less than 70 yuan rose from 30 percent to 36 percent.
"The move aims to 'moderately' increase financial revenue, and 'perfect' the taxation mechanism," said the document released on the SAT Website.
The taxes on cigars rose to 36 percent from 25 percent.
China has the world's largest number of smokers at about 350 million in 2008.
The taxes rose to 56 percent from 45 percent on cigarette cartons costing 70 yuan (US$10.24) or more, the Ministry of Finance and the State Administration of Taxation said in a statement.
The taxes for cigarette cartons costing less than 70 yuan rose from 30 percent to 36 percent.
"The move aims to 'moderately' increase financial revenue, and 'perfect' the taxation mechanism," said the document released on the SAT Website.
The taxes on cigars rose to 36 percent from 25 percent.
China has the world's largest number of smokers at about 350 million in 2008.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.