China Tax
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China To Cut Taxes On New Cars
China currently levies a 'car purchase tax' on new cars at 10 per cent, which after the tax cut will be reduced to 5 per cent. This will make cars more affordable although will only be applicable on cars whose engines are smaller than 1.6-litres. Interestingly, almost 70 per cent of all cars sold in China fall under this category. Amidst the on-goi...
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China Superstar Apologises For Tax Evasion After Order To Pay $129 Million
Chinese superstar Fan Bingbing took to social media for the first time in months Wednesday to apologise to fans and the Communist Party for tax evasion, shortly after news broke that authorities had ordered her to pay nearly $130 million in back taxes and fines.
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Donald Trump Says He Would Tax Chinese Goods To Stop Currency Devaluation
US Republican presidential hopeful Donald Trump called for higher tariffs on Chinese goods if China does not stop allowing its yuan currency to devalue.
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China To Cut Taxes On New Cars
China currently levies a 'car purchase tax' on new cars at 10 per cent, which after the tax cut will be reduced to 5 per cent. This will make cars more affordable although will only be applicable on cars whose engines are smaller than 1.6-litres. Interestingly, almost 70 per cent of all cars sold in China fall under this category. Amidst the on-goi...
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China Superstar Apologises For Tax Evasion After Order To Pay $129 Million
Chinese superstar Fan Bingbing took to social media for the first time in months Wednesday to apologise to fans and the Communist Party for tax evasion, shortly after news broke that authorities had ordered her to pay nearly $130 million in back taxes and fines.
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Donald Trump Says He Would Tax Chinese Goods To Stop Currency Devaluation
US Republican presidential hopeful Donald Trump called for higher tariffs on Chinese goods if China does not stop allowing its yuan currency to devalue.
