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Thread: China imposes the highest stamp tax on securities transfer!!!
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[quote=KEVIN0518,240760]Well, the stock market in China is not as mature as others in foreign courtries. Dozens of days ago, China raised the stamp tax to cool down the stock market. However, it failed. As some experts said, it is time to do reform in levying stamp tax because it is the demand of the market. Maybe, the government will do so. What the government have done is to ensure the market can develop healthily. But the result is alway unexpected.[/quote]
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