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Local Tax Revenue from SIP Financial Industry Grows Steadily


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In 2015, Suzhou Industrial Park's local tax revenue from financial industry continued to increase. Statistics of SIP Local Taxation Bureau in January show that the number of financial corporate taxpayers just took up 3.5 of the total taxpayers while paying 21.21% of the total local tax. In January, 511 million RMB (87.24%) of the local tax revenue collected from financial industry came from 17 financial enterprises, with each of them paying over 10 million RMB tax.

Financial industry plays a significant role in the process of SIP's transformation and upgrading. With Suzhou's financial CBD moving towards east, SIP has already become one of the regions in Suzhou and even in Jiangsu Province with the largest number of financial institutions and the most adequate types in the highest density.


March 13, 2015