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18-07-2007
Beijing
might raise its vehicle and shipping tax despite
complaints from residents that the proposed
taxes are too high. Under the new draft, only
buses used for public transport will enjoy tax
exemption.
The
Beijing municipal legislative affairs office
confirmed yesterday that it has adjusted the
draft rules of its vehicle and shipping tax
after public consultation.
"We
will submit it to the Beijing municipal government
for a final decision," a senior official
at the office, said.
The
implementation of the rules will be announced
in September or October pending approval by
the Beijing municipal government, the official
said.
This
new draft cuts registration taxes for motorcycles
and minibuses by 60 yuan ($7.94), taxes for
all other vehicles and ships will likely be
raised.
According
to the new rules issued on June 26, taxes for
private buses will be raised between 360 yuan
and 600 yuan a year, double the previous level
of between 200 yuan and 300 yuan. This immediately
raised concern.
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