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China to cancel tax exemptions for foreign investors

By , on February 7th, 2013

<!– google_ad_section_start –> Under new taxation changes, foreigners in China will no longer enjoy exemptions from various investment taxes. The State Council unveiled sweeping tax reform plans on Tuesday, in which three ministries, including the State Development and Reform Commission, proposed 35 measures to make the rich pay more and to narrow the income gap between the urban elites and the rural poor. <!– google_ad_section_end –>

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China to cancel tax exemptions for foreign investors

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