News Letter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 Search
Advanced
 About China
- China at a glance
- Constitution
- CPC & state organs
- Chinese leadership
- Selected Works of Deng Xiaoping

Home >> China
UPDATED: 08:24, October 25, 2004
Tax reforms help farmers
font size    

Tax officials say that from January the government will eliminate "middlemen" in the collection of land transaction taxes.

During a two-day conference in Beijing, officials announced the move is part of the central government's rural tax reforms to reduce the financial burden on farmers, China Radio International reported Sunday.

Transaction taxes on all land deals started in 1997, but they've been collected by different government departments which often take a percentage of the levy for their "services".

Officials say the state is expected to reap 50 billion yuan, or 6 billion US dollars from land transaction taxes this year.

Analysts believe the reform will not directly help farmers, but might enable local governments in rural areas to rely less on taxes and levies collected from farmers.

Source: CRI news


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- China Forum
- PD Newsletter
- People's Comment
- Most Popular
 Related News
- Vice Premier calls for further relief of farmers' burdens

- Farmers in China's "largest barn" to enjoy zero farming tax

- Farm tax to be axed in 3 years

- China starts to abolish agricultural taxes

- China to deepen rural tax reform: Premier 

- Agricultural tax to be phased out in 5 year in China

- Financial burden on farmers reduced by more than 30%


Copyright by People's Daily Online, all rights reserved