|
Guangdong builds harmonious tax environment
By Xiao Zhan (China Daily)
Updated: 2006-04-19 09:05
Official statistics indicate that Guangdong has occupied a
top position in the nation's local taxation sector for 12 years consecutively
and the province has outstanding advantages in taxation, management systems,
information technology development, taxation administration and supervision, and
taxation service.
The tax revenues collected by the provincial local
taxation bureau stood at 135.13 billion yuan (US$16.66 billion) in 2005, an
increase of 17 per cent from 2004.
The Pearl River Delta cities
contributed a handsome share of the total taxes levied last year.
Social
pensions collected in the province (excluding Shenzhen) were worth 47.8 billion
yuan (US$5.89 billion) in 2005, up 18.8 per cent from a year
ago.
Statistics from the State Administration of Taxation show that
Guangdong's local taxation had surpassed 400 billion yuan (US$49.32 billion) by
late 2005, followed by Shanghai, Jiangsu, Beijing, Zhejiang, Shandong, Liaoning
and Tianjin.
Director Wu said, "We are confident in making new headway in the
11th Five-Year Programme."
In another development, Guangdong Local
Taxation Academy recently joined hands with the finance and taxation research
institute of Jinan University to set up a local taxation research centre in
Guangzhou.
The centre aims to become an important channel for innovative
taxation theory for the academy as well as a research platform for the
university.
About the bureau
Founded in 1994, the Guangdong Local
Taxation Bureau is under the dual leadership of both the provincial government
of Guangdong and the State Administration of Taxation.
Being a functional
department of the provincial government, the bureau is primarily responsible for
the administration and collection of 15 taxes including business tax, enterprise
income tax, foreign-invested enterprise income tax in the cities of Shenzhen,
Zhuhai and Dongguan, land appreciation tax and stamp taxes, as well as social
pension, education surcharge, and construction fee for cultural facilities.
(For more biz stories, please visit Industry Updates) |
| |
|
| |
|
|
|
| Most Popular Stories in 48 Hours |
|
|
|
|
