Chinese Tax Revenues Up: Should We Be Worried? | taxgirl
WWW.TAXGIRL.COM - If the news that US tax revenues have fallen was disturbing, then this may be even worse: China’s tax revenues are expected to grow by 10% in 2009. The increase comes on the heels of a successful 2008 year in China, where tax revenues climbed 18.8% to 5.42 trillion yuan ($792.68 billion).The “global crisis” is not affecting all nations the same. While it’s true that...
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