China gives regions power to impose natural resources tax

Published 09:31 on August 27, 2019  /  Last updated at 09:31 on August 27, 2019  /  China  /  No Comments

China passed legislation this week allowing local governments to impose taxes on the mining and production of a wide range of natural resources, including fossil fuels.

China passed legislation this week allowing local governments to impose taxes on the mining and production of a wide range of natural resources, including fossil fuels.

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