综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

China mulls consumption tax on more luxury items

(Xinhua)
Updated: 2006-11-15 12:48

BEIJING -- The Chinese government is considering expanding the list of luxury items subject to a special "consumption tax", says Wang Li, deputy director of the State Administration of Taxation (SAT).

Wang told the first annual forum on China's fiscal reform here that tax reform should progress with personal income tax, property tax and consumption tax to be adjusted to strengthen the role of taxation in reducing poverty.

He did not disclose the exact timetable for the adjustment of consumption tax on more luxury items.

A recent survey by the Horizon Research Consultancy Group showed that 40 percent of Chinese believe consumption taxes should be imposed on more luxury items such as jewelry and VIP club memberships.

Professor Tang Gongliang, of China's elite Central University of Finance and Economics, said periodic adjustments of the list of luxury items subject to consumption tax were necessary to keep it up to date.

"With people's living standards increasing quickly, some items which were once luxuries have become common and are no longer regarded as luxury items," he said.

The government imposed a consumption tax on disposable wooden chopsticks, wooden floor panels, yachts, luxury watches and oil based products on April 1.

Tang said consumption tax played a big role in the regulation of income distribution and the adjustment of consumption trends.

"Luxury items are not easily defined. For instance, some luxury electronic products such as sound equipment are not taxed as luxury items because they are so quickly updated and may become common goods very quickly," said Tang.

Official statistics show consumption tax revenue amounted to 142.85 billion yuan (17.86 billion U.S. dollars), five percent of the total tax revenue.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
图木舒克市| 都江堰市| 古丈县| 天台县| 新密市| 宜兰县| 静乐县| 绥芬河市| 哈巴河县| 鸡西市| 正蓝旗| 崇州市| 齐齐哈尔市| 泰州市| 双江| 许昌县| 深州市| 呼玛县| 花垣县| 莲花县| 孟连| 慈溪市| 宣恩县| 确山县| 孝昌县| 琼结县| 夏邑县| 麻江县| 赞皇县| 万州区| 肇州县| 鄱阳县| 祁阳县| 惠东县| 吉安县| 库车县| 林甸县| 金山区| 平凉市| 勐海县| 日土县|