Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China to push forward law-based taxation: NPC spokesperson

March 04, 2016


Abstract : China will continue to push forward the implementation of law-based taxation, a spokesperson for the nation's top legislature said Friday.

BEIJING, March 4 (Xinhua) -- China will continue to push forward the implementation of law-based taxation, a spokesperson for the nation's top legislature said Friday.

Fu Ying, spokeswoman for the Fourth Session of the 12th National People's Congress (NPC), made the remarks at a press conference prior to the opening of the session slated for Saturday.

"We have seen marked progress in law-based taxation," Fu said.

The Legislation Law revision approved last year mandates that all taxes be imposed through legislation, and the legislature has included law-based taxation into its work agenda, Fu said, citing taxes of environmental protection, resources and tariff, as well as value-added tax.

China has formed its time frame and blueprint for the implementation of law-based taxation, Fu said, noting that she hopes the lawmaking of environmental protection tax will be passed this year.

In addition, draft laws on tobacco leaf and vessel tonnage taxes are likely to be submitted to the NPC Standing Committee this year, Fu said.  Enditem

Scan the QR code and push it to your mobile phone

Keyword: China-Taxation-Law

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial