Tax reform in China: it reduces the current corporate income tax rate from 33% to 25%. Besides, the new Corporate Income Tax Law ("CIT Law") reflects four tax reform themes that China seeks to develop:
1. a less complicated tax system;
2. a broader tax base;
3. a lower tax rate; and
4. a stronger tax administration.
There is an interesting article about these tax reforms on IndustryWeek.... |
| said by: Luciano date and time: 2007-07-13 10:14:34 GMT -5 tags: China, economy, tax link: http://www.nadaimportante.org/en/765/ |
