China Tax Administration to Tighten Collection of Land Tax-Shanghai Metals Market

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China Tax Administration to Tighten Collection of Land Tax

Data Analysis 02:42:34PM May 27, 2010 Source:SMM

BEIJING, May 27 -- China's State Administration of Taxation will tighten collection of a value-added land tax, according to a statement on its website.

Idle land fees cannot be deducted from taxes, the administration said.

China Tax Administration to Tighten Collection of Land Tax

Data Analysis 02:42:34PM May 27, 2010 Source:SMM

BEIJING, May 27 -- China's State Administration of Taxation will tighten collection of a value-added land tax, according to a statement on its website.

Idle land fees cannot be deducted from taxes, the administration said.