SIP Local Tax Hits 3.7 Billion RMB in 2006
Statistics of SIP Local Taxation Bureau show that a total of 37.6243 billion yuan RMB was calculated for local taxes revenue in the year 2006, with an increase of 23.2% over the previous year. Of the total taxes, 36.5764 RMB came from the municipal and county levels, with 21.9% increase over the previous year, and 104.79 million RMB from provincial level, with 80.64% increase. In addition, revenue from education added fees and local education added fees amounted to 137.6 million RMB, with 28.83% increase.
Jan. 10, 2007