男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

   

Consumption tax may be put on more luxury items

(Xinhua)
Updated: 2006-11-15 13:31

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 tp strengthen the role of taxation in reducing poverty.

Related readings:
40% of Chinese want more luxury tax 
China revises consumption tax

Tax slapped on wooden chopsticks

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.



Related Stories  
Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 岳阳县| 泽库县| 阿克苏市| 正蓝旗| 江达县| 涟源市| 绵竹市| 兴安盟| 双辽市| 桃园市| 石林| 启东市| 沭阳县| 临洮县| 玉山县| 龙口市| 盐池县| 淅川县| 伊吾县| 成都市| 五大连池市| 荥阳市| 花垣县| 莱阳市| 阿拉善盟| 石城县| 汉阴县| 德令哈市| 巨鹿县| 三亚市| 凤凰县| 长沙县| 甘孜县| 巴林左旗| 武乡县| 南投县| 靖边县| 密云县| 西贡区| 正镶白旗| 拜城县|