Buyers of big cars have to pay more tax
2006-03-23 05:54:02
Buyers of big cars will fork out more tax while those who opt to buy smaller models will pay less from April 1.
'Luxury tax' to benefit HK watches
2006-03-30 10:28:22
Hong Kong sees China's planned 20 percent sales tax on luxury watches as an opportunity, as Chinese consumers switch from buying expensive foreign timepieces to similar cheaper Hong Kong brands.
China's comsuption tax to see big adjustment
2006-03-30 17:20:52
Starting April 1, consumption tax will be levied on more commodities in China, aiming to improve energy efficiency, guide consumption and adjust the allocation of income.
China revises consumption tax
2006-03-22 10:15:31
China on Tuesday, March 21, 2006 announced its plan to impose a consumption tax on disposable wooden chopsticks, wooden floor panels, yachts, luxury watches and more oil based products as of April 1 of this year. [newsphoto]