Record response to tax move
By Zhao Yinan and Wang Xing | China Daily | Updated: 2011-06-01 08:11
Proposed 3,000 yuan threshold 'still low' as wage earners bear burden
BEIJING - A draft amendment to raise the personal income tax threshold from 2,000 yuan ($306) to 3,000 yuan has drawn a record response after the top legislature published it online to solicit public opinion.
The Standing Committee of the National People's Congress (NPC) put the draft amendment to the Personal Income Tax Law on its website at www.npc.gov.cn on April 25, sparking nearly 240,000 responses.
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