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| Friday, September 05, 2008 23:43:58 |
Preferential tax rates to remain in unified tax scheme
The government has released preferential tax rates for some industries ahead of the introduction of a new corporate tax scheme which will unify tax rates at 25% for both domestic and foreign companies from January 1 2008, the Shanghai Financial News reported. Taxes for fishery and tea producers will be slashed in half to 12.5%; no taxes will be levied on vegetable, bean, ...
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