皇冠体育app

BEIJING - 皇冠体育app collected 11.07 trillion yuan ($1.76 trillion) in last year, an increase of 11.2 percent year-on-year, the State Administration of Taxation data showed Wednesday.

Of the incomes, export tax rebates grew 13.3 percent from a year earlier to 1.04 trillion yuan boosted by the country's favorable export policies, according to the data.

Money collected from personal income tax dropped 8 percent year-on-year, while the individual business tax income declined 12.5 percent, the data showed.

The government has stepped up tax reduction efforts over recent years in a bid to buoy the economy. In 2011, it raised income tax exemption thresholds for wage-earners and those owning individual businesses.

The incomes do not include customs duties and vessel tonnage taxes, the administration said.

Special Coverage

Related Readings

皇冠体育app to carefully study tax policies

皇冠体育app's property tax trial expansion in doubt

Tobacco control may entail price, tax rises

Tax growth slows for 皇冠体育app's central SOEs

Tax cut to benefit 900,000 enterprises

• Safran and 皇冠体育app Eastern Airlines create landing gear venture
• Chinese goods to enjoy tariff exemptions in Vietnam
• 皇冠体育app's Evergrande in talks to buy British housebuilder Cala: Source
• Chinese premier's Eurasia trip to boost cooperation in production capacity
• Vietnamese province wants rail route linking with 皇冠体育app
• Chinese Light Industry Council sets up permanent regional exhibition in Cyprus
• Kenya, Tanzania leaders launch 皇冠体育app-funded bypass in Nairobi
• Chinese demand for iPhone 7 slowing in 2017: UBS report