TITLE

Mainland Misery, Cont

AUTHOR(S)
Ferguson, Tim W.
PUB. DATE
June 2007
SOURCE
Forbes Asia;6/18/2007, Vol. 3 Issue 11, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that China had dropped eight points in tax comparison released by "Forbes" magazine. Chinas was still the third-stiffest burden of the 50 places shown in this magazine, better only than France and Belgium. It was noted that China's macro tax burden was 18% of gross domestic product (GDP). According to the author, the defenders of China's tax policies stressed that consumption taxes do not apply to all products and emphasized that China does not have a wealth tax.
ACCESSION #
25524664

 

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