Tax reform to expand
Source: Xinhua |
May 12, 2016, Thursday
|
Print Edition
Print Edition
CHINA will expand reform of resource taxes across the board from July 1.
Resource tax will be levied on most mineral products based on price instead of quantity, said a statement jointly issued by the Ministry of Finance and the State Administration of Taxation.
Since 2010, China has experimented with taxes based on price instead of quantity in six mineral products — coal, gas, molybdenum, oil, rare earth and tungsten.
A pilot on water resource tax in Hebei Province is expected to expand to wood, pasture and tidal flat in the future.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
