Statistics

China's 2010 tax revenue up 22%

(Xinhua)
Updated: 2011-01-10 09:08
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BEIJING - China's tax revenues rose 22.6 percent to 7.74 trillion yuan ($1.17 trillion) in 2010 compared to one year earlier, the State Administration of Taxation announced on Sunday.

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This total included 732.8 billion yuan of tax refunds, but excluded tariffs, tonnage taxes, farmland occupation taxes and deed taxes.

Value-added taxes reported a 14.8 percent increase, as well as increases of 27.5 percent for consumption taxes, 23.8 percent for sales taxes, and 20.4 percent for income taxes.

Also, imported tariffs rose 35.9 percent year-on-year to 1.05 trillion yuan.