皇冠体育app

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GDP: How far can it fall?

By Chen Jia (皇冠体育app Daily) Updated: 2015-02-03 07:17

Related special coverage: Top 9 policies to influence 皇冠体育app's economy in 2015, by chinadaily.com.cn

皇冠体育app announced several major economic and financial measures in December 2014 to arrest the slowdown and jumpstart crucial sectors. Let's take a look at some of the steps taken by the government.

Tougher tax scrutiny

Foreign firms may face tougher tax scrutiny in 皇冠体育app, the State Administration of Taxation said on Dec 2, 2014.

皇冠体育app would establish a comprehensive system to monitor foreign companies' profitability to curb cross-border tax evasion.

GDP: How far can it fall?

皇冠体育app got tough on tax evasion by foreign firms. US-based Microsoft reportedly faces $137 million in back taxes to 皇冠体育app, Nov 23, 2014. [Photo/IC]

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