| Journal Call no. | HF3836.5.C53 |
|---|---|
| Article Title | Progressive rates for land VAT. |
| Is Part Of | Economic reporter ; no.148, Oct 1994, p.36. |
| Abstract | According to Li Shangjie, director of the Department of the Management of Land for Construction under the State Land Administration, progressive rates will be introduced to the land VAT in 1994, and the tax paid by projects with its gross profit rate under 50 percent will not exceed the current amount of tax payment. |