Chinese tax authorities will announce on April 10 the final number of personal income statements filed by the country's high-income earners. ...full story at Xinhua
from Xinhua on Tue, Apr 03 2007
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More than 340,000 Beijing high-income earners declare annual income » People's Daily About 341,000 high income earners in Beijing have declared their annual income, according to sources with the Beijing Taxation Bureau Monday. The number has seen a rise of 86,000 people, or 34 percent, on that of the last year, in ... |
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Tax filings up 34% on last year » People's Daily The capital's tax authorities have reported a 34 percent year-on-year increase in the number of self-declarations made by high-income-earners by the April 1 income tax filing deadline. About 341,000 people who earn more than 120,000 yuan ... |
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China's low-income people relieved from tax burden under new law » Xinhua The revised personal income tax law has benefited up to 20 million medium- and low-income citizens, relieving them from tax burdens and helping promote social equality, according to the State Administration of Taxation (SAT). |
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Higher tax threshold proposed » People's Daily Legislators have proposed raising the threshold for personal income taxes to 3,000 yuan ($410) to benefit low- and medium-income earners struggling to deal with recent increases in the prices of daily necessities. A draft amendment to th ... |
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