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· Time for China to tax property
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
Water usage should be taxed, and the tax structure for oil, natural gas and coal be reformed to favor conservation, lawmakers said.
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In the Limelight

Equal protection and 'survival of the fittest'
Wang Shengming, deputy director of the NPC Law Committee:

  

Full Text: Explanation on China's draft enterprise income tax law
Full text of the Explanation on the Draft Enterprise Income Tax Law of the People's Republic of China, delivered by Finance Minister Jin Renqing at the Fifth Session of the Tenth National People's Congress on Thursday.

  

Time for China to tax property
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.

 
   
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