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Home >> Life
UPDATED: 17:36, August 29, 2005
China defines high-income sectors, individuals
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China is building an information system to manage personal income taxation and strengthen supervision over high-income groups, as learned from taxation departments.

According to the definition of tax authority, high-income sectors include: telecommunication, banking, insurance, securities, oil, petrochemistry, tobacco, aviation, railway, real estate, football club, foreign-funded enterprise, high-tech industry, etc;

High-income individuals include: private enterprise owner, investor of personal-funded enterprise or joint venture, engineering contractor, entertainer, lawyer, accountant, auditor, tax agent, assessor, college teacher, etc.

By People's Daily Online


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