Time for China to tax property
2007-03-14 10:50:47
Property tax is a very important category of taxation, which does not yet exist in China. Without such a tax, it is difficult for the State to adjust social and economic relations and the local governments receive less financial resources.
Tax support for conservation urged
2007-03-14 10:03:05
Water usage should be taxed, and the tax structure for oil, natural gas and coal be reformed to favor conservation, lawmakers said.
Property, tax drafts revised
2007-03-13 08:58:52
Two draft laws under discussion at this year's session of the National People's Congress (NPC) have been revised according to deputies' suggestions.
New corporate tax offers level playing field
2007-03-09 09:24:51
China has fulfilled almost all its commitments to the World Trade Organization (WTO) since joining it more than five years ago. And it will meet one of its last pledges next year if the ongoing session of the National People's Congress (NPC) approves a draft.
Budget to back social programs
2007-03-06 07:03:21
China will adjust the way it distributes funds from the fiscal budget this year to help support people's livelihoods and a more balanced path to development.
Unifed tax rate to apply to domestic, foreign-funded enterprises
2007-03-02 17:49:21
When the National People's Congress kicks off its annual series of meetings on Monday, one law expected to be passed will unify corporate income tax rates at 25 percent, ending special privileges for foreigners.
Tax reforms set to continue in 2007
2007-01-25 18:53:16
Tax chief Xie Xuren yesterday said reforms will continue in 2007.
Market to gain from unified tax rule
2007-01-05 10:04:23
The unification of the corporate income tax rate for local and foreign-funded companies will be a positive for the A-share market in 2007.
Unified 25% corporate tax proposed
2006-12-25 06:52:40
After enjoying favourable tax policies for decades, overseas companies may have to pay the same as their Chinese counterparts -- corporate income tax of 25%.
Draft corporate tax law to be tabled soon
2006-10-18 10:12:06
A draft Corporate Tax Law that will unify taxes for domestic and foreign-invested enterprises will be tabled in China's legislature for first reading this month, an insider told Xinhua on Tuesday.