'Luxury tax' to benefit HK watches
2006-03-30 10:28:22
Hong Kong sees China's planned 20 percent sales tax on luxury watches as an opportunity, as Chinese consumers switch from buying expensive foreign timepieces to similar cheaper Hong Kong brands.
Netizens positive about new tax
2006-03-27 08:46:55
In a survey by Chinese Website www.sina.com, 73 percent of the 25,000 respondents said they would avoid using disposable wooden chopsticks when a tax is imposed on them next month.
Buyers of big cars have to pay more tax
2006-03-23 05:54:02
Buyers of big cars will fork out more tax while those who opt to buy smaller models will pay less from April 1.
High-end consumers feel low
2006-03-23 08:57:06
Consumers of high-end products were predictably upset yesterday at news that a consumption tax would be slapped on luxury goods.