Tax Reform

Companies want Beijing to ease tax burden

1 Mar 2013

As the annual session of the National People's Congress and a government reshuffle draw nigh, millions of business executives and wealthy individuals are hoping the new cabinet equates tax reform...

5:08AM

Range of exemptions from investment taxes to end for expats in mainland

7 Feb 2013

The State Council unveiled sweeping tax reform plans on Tuesday under which three ministries, including the National Development and Reform Commission, proposed 35 measures to make the wealthy pay...

5:02AM

Beijing to expand tax reform trial

27 Jul 2012

The mainland will expand a value-added tax (VAT) reform trial next month despite complaints about incomplete preparatory work that has caused businesses to end up paying more taxes in Shanghai....

10:21PM

VAT pilot programme to roll out to other cities

25 Jun 2012

Beijing is likely to expand a trial reform of value-added tax (VAT) to more cities this year as it seeks to increase tax revenues from the service sector.

6:34PM

Tax overhaul a headache for some in cargo

18 Jun 2012

A programme to overhaul the mainland tax system for logistics, shipping and other cargo firms by replacing business taxes with a value-added tax has generated mixed views.

5:54PM

New deal boosts firms

19 Apr 2012

With the launch of a value-added-tax (VAT) reform pilot programme in Shanghai since the start of this year, multinational corporations with operations in the city can claim input VAT credits for...

12:56PM

Opinion

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

'Tax relief' measure leaves some firms paying more

Mainland authorities have been left red-faced after a reform that was designed to ease tax burdens on service firms ended up levying increased payments.

11:17AM

Call for 3pc levy on luxury goods in HK

Luxury goods such as Louis Vuitton handbags, Gucci couture or Harry Winston jewellery watches could be taxed as a viable option to widen Hong Kong's narrow tax base.

6:24AM

Nation's small traders squeezed dry

Zhang Zhenfeng, who owns a street-side photo-print shop in Beijing, says he has never been happier with business conditions than in the past couple of months.

5:48AM

Paying the price

Some people tied cash to a pear and threw it into the yard of Ai Weiwei's home. Some made planes out of the renminbi notes and 'flew' them into the yard; eight of these planes landed on his lawn...

1:20AM

VAT changes seen as easing burden on firms

The central government is set to launch a trial value-added tax for businesses next year, which is seen as a clear signal the leadership wants to support growth by easing the tax burden on...

11:15PM

Letters

Tax sales to beat offshore profit havens

8:28PM