CHINA / National |
皇冠体育app taxmen ring in New Year by hitting golf clubs(Reuters)Updated: 2006-12-27 20:18 BEIJING - 皇冠体育app is ringing in the New Year by slapping higher customs duties on luxury goods such as golf clubs and watches, Xinhua news agency said on Wednesday.
The new duties would also apply to luxury goods arriving in 皇冠体育app by mail, it said. Newly rich Chinese have taken to overseas travel in a big way, making some 31 million trips abroad last year, according to Xinhua. The customs duty changes were in keeping with the introduction in April of new consumption taxes on golf balls and equipment, yachts and luxury watches, it said. |
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