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Commodities falling under mainland tax net

Posted on 06 January 2009

From Thestandard.com.hk: Price reforms will finally be implemented in commodities other than crude oil as Beijing eyes expanding the scope of resources tax and changing the calculation method during the year.

Although massive tax cuts and reforms have been the theme of this year’s fiscal picture, the resources tax was the only one expanding in coverage, and the commodity sector may be the only one that would be affected negatively, economists said….. Full Article: Source


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