Since 1978, China's reform of real estate tax has made great strides with important milestones marked by the resumption of real estate tax collection on Chinese- funded enterprises and Chinese nationals. In the llth ...Since 1978, China's reform of real estate tax has made great strides with important milestones marked by the resumption of real estate tax collection on Chinese- funded enterprises and Chinese nationals. In the llth Five-Year Plan period (2006-2010), the state administration completed the unification of tax rates for domestic and foreign- funded companies. However, the reform of real estate tax still requires many modifications during the 12th Five-Year Plan period (2011-2015). The new plan should strive to streamline the tax system, adjust the tax base and tax rates, and delegate taxing authority.展开更多
Folowing the establishment of free trade zones(FTZs),China has selected 12 cities and areas to try out a new open-economy system which is more open to foreign collaboration,Shen Danyang,spokesman of the Ministry of ...Folowing the establishment of free trade zones(FTZs),China has selected 12 cities and areas to try out a new open-economy system which is more open to foreign collaboration,Shen Danyang,spokesman of the Ministry of Commerce,announced on May 17 at a press briefing.展开更多
文摘Since 1978, China's reform of real estate tax has made great strides with important milestones marked by the resumption of real estate tax collection on Chinese- funded enterprises and Chinese nationals. In the llth Five-Year Plan period (2006-2010), the state administration completed the unification of tax rates for domestic and foreign- funded companies. However, the reform of real estate tax still requires many modifications during the 12th Five-Year Plan period (2011-2015). The new plan should strive to streamline the tax system, adjust the tax base and tax rates, and delegate taxing authority.
文摘Folowing the establishment of free trade zones(FTZs),China has selected 12 cities and areas to try out a new open-economy system which is more open to foreign collaboration,Shen Danyang,spokesman of the Ministry of Commerce,announced on May 17 at a press briefing.