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China Raises Income Tax Threshold to 3,000 Yuan

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The personal income tax reform project will be submitted during the executive meeting of NPC on April 22, according to China National Radio. It has been reported that the income tax threshold will be lifted from 2,000 yuan to 3,000 yuan. Over 90% of tax-payers are expected to benefit from the reforms.


Source
China Securities Journal


Google Translation

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