BIZCHINA> Tax/Tariff
![]() |
Nearly 30% annual growth in individual income tax
(Xinhua)
Updated: 2008-01-10 22:17 BEIJING -- China's individual income tax revenue rose to 318.5 billion yuan (US$43.6 billion) last year, up 73.3 billion yuan or 29.9 percent over 2006, the State Administration of Taxation said on Thursday. The administration required individuals with an annual income of more than 120,000 yuan (US$16,438) last year to fill in forms and pay income tax by themselves. They are also required to list their gains from stocks and property transactions. "The country has not planned to levy tax on gains from the stock market, and the requirement is just meant to help collect information and data for the country's macro-control policies," said Miao Huipin, an official in charge of income tax with the administration, at a regular press conference. China's mainland stock market experienced the most active year in 2007, with the stock trading stamp duty rising to 200.5 billion yuan (US$27.5 billion), 10 times the 2006 figure, according to SAT statistics. Miao told reporters that many people with an annual salary above 120,000 yuan had gone to local taxation departments to report their incomes and "the registration work is going smoothly". Many Chinese have become rich by working in private companies or being self-employed during the country's reform and opening-up drive, but their incomes are relatively untraceable. The administration is trying to strengthen its monitoring of people that fall into this category and said those who didn't report their annual incomes as required would be fined. Aside from tighter supervision of comparatively rich people, China has also lowered the income tax on low- and middle-income groups to shorten the gap between the wealthy and poor. China's top legislature adopted an amendment last December to raise the individual income tax threshold from 1,600 yuan (US$220) a month to 2,000 yuan, and the amendment will go into effect on March 1, 2008. Shu Qiming, another official with the administration, said at the conference that the value-added tax and income tax from heavy-polluting gasoline, chemical, steel, construction material, non-ferrous metal and power industries rose 27.2 percent and 45.3 percent respectively in 2007. "The pace of growth is slower and will be further reined in under the influence of the government's energy-saving and emission-cutting measures," Shu said. Li Linjun, the administration's spokesman, said at the conference that the SAT would work with police departments to further crack down on fake receipts this year to prevent tax evasion and fraud. China's total tax revenues surpassed 4.9 trillion yuan (US$668.8 billion) in 2007, up 30 percent year on year. (For more biz stories, please visit Industries)
|
主站蜘蛛池模板: 欧美一区二区三区免费高 | 日韩理论在线 | 毛片久久| 国产成人综合洲欧美在线 | 久久手机视频 | 免费大片黄手机在线观看 | 九九久久国产精品 | 国产一区二区三区四区波多野结衣 | 精品亚洲福利一区二区 | 99精品在线观看视频 | 欧美极品在线播放 | 免费看一级欧美毛片 | 久久这里有精品视频 | 久久亚洲国产欧洲精品一 | 精品视频在线播放 | www.91免费视频 | 免费一级片网站 | 国产精品国产三级国产在线观看 | 国产精品高清在线观看地址 | 日韩精品视频在线 | 美女作爱网站 | 中文无码日韩欧免费视频 | 成人国产亚洲欧美成人综合网 | 网站免费满18成年在线观看 | 中日韩一区二区三区 | 欧美亚洲视频一区 | 国产精品色午夜视频免费看 | 免费国内精品久久久久影院 | 久久精品国产国产 | 日韩欧美在线精品 | 99成人国产精品视频 | 久久成人精品视频 | 精品国产一二三区在线影院 | 成年人在线免费观看视频网站 | 国产成人免费永久播放视频平台 | 亚洲天堂区 | 亚洲 欧美 精品 | 久久精品国产99国产精品 | 偷偷操不一样的久久 | 欧美日韩一区二区三区久久 | 免费一级毛片免费播放 |