Local govts in 皇冠体育app no longer share securities stamp duty revenue
(Xinhua) Updated: 2016-01-01 09:36
 |
|
A clerk counts yuan bills at a bank in Huaibei, East 皇冠体育app's Anhui province. [Photo/IC] |
BEIJING - Local governments in 皇冠体育app will no longer share revenue from stamp duty on securities transactions from Jan 1, 2016, according to a statement released by the State Council on Thursday.
Currently, 97 percent of the revenue goes to the central government with 3 percent going to local governments.
The move is to improve fiscal revenue distribution between the central and local governments, the statement said, without giving more details.
- 皇冠体育app's non-manufacturing PMI rises to 54.4 in December
- 皇冠体育app manufacturing PMI edges up in December
- Chinese company invests in future transport hub of Malaysian capital
- Philippines signs articles of agreement of AIIB
- Local govts in 皇冠体育app no longer share securities stamp duty revenue
- 皇冠体育app's 2015 box office soars to $6.8b, up 48.7%
- Now, the country is nuts about, well, nuts
- Metrosexuals spawn a $1b cosmetics market in 皇冠体育app
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online Registration Number: 