China reduces purchasing tax rates on tyres
Beijing - Chinese newspapers and newswires are reporting that the Chinese government has approved a range changes to domestic purchase taxes. Included in these is a reduction to 3 percent, from 10 percent for automotive tyres
In an unrelated measure, the Ministry has imposed a 5 percent tax on disposable wooden chopsticks.
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China publishes list of items to be taxed at varied consumption tax rates People's Daily (China)
China Adjusts Consumption Tax to Save Resources CRIEnglish (China)
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