City Guide
Answers
Login
Home
/
Community
/
Forums
/ Post a Reply
Post a Reply
Thread: China gains 200.5 billion yuan from stamp tax in 2007
Title:
(100 characters at most)
Content: ( 3,000 characters at most, please )
You can add emoticons below to your post by clicking them.
[quote=FRANKENSTEIN,273836]According the data released yesterday, China has collected 200.5 billion yuan from the stamp tax on share trading last year since China raised the stamp tax from 0.1 percent to 0.3 percent in May. Compared with 17.9 billion yuan in 2006, it has increased 1000 percent. According to the Ministry of Finance, the individual tax receipts took 6.2 percent of the tax revenue of 2007. However, the revenue from the stamp tax made up 4.4 percent, mostly gained from share trading. No wonder more and more investors require the government to cancel the stamp tax. [/quote]
characters left
Name:
Get a new code