Tax Honeymoon is Over in China
Aggregated Source: China Challenges
March 4, 2007|
Tax changes are coming for MNCs in China. AP reports:
BEIJING (AP) -- The tax honeymoon for foreign investors in China is ending.
For two decades, China has rewarded new investors with hefty tax breaks, helping to lure the nearly $700 billion in investment that has helped make this the world's fourth largest-economy, but fueling growing complaints by Chinese companies about unfair treatment.
To read more:
http://biz.yahoo.com/ap/070304/china_higher_taxes.html?.v=1
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