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Post by bot on Dec 3, 2010 14:31:18 GMT -5
Threshold for individual income tax expects adjustment in 2011: report Under the rising pressure of commodity prices, the central government is considering cutting taxes in some fields as a main fiscal policy for the next year, and the threshold for individual income tax is expected to rise, according to China Business News (CBN). Current threshold for individual income tax in the country is 2,000 yuan ($300), amount that was implemented in 2008. Previously, during the National People's Congress (NPC), and ChinesePeople's Political Consultative Conferenc ... english.people.com.cn/90001/90778/90862/7219620.html
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