SIP Local Tax Revenue of 10 Months Beats the Year 2014
By the end of October, Suzhou Industrial Park Local Taxation Bureau had collected 16.494 billion yuan tax for the year, with YoY growth of 16.98% and in excess of that in 2014, which signifies a new breakthrough in the new normal situation.
The growth of tax collection indicates the development vitality of SIP economy. The three leading sectors of real estate, finance, and manufacturing have contributed 11.681 billion yuan tax, making up 70.8% of the total. The real estate industry alone contributed 4.958 billion yuan or 30.1% of the total local tax. The finance industry alone contributed 3.16 billion yuan, with an increase of 1.122 billion yuan at the rate of 55.1%. The manufacturing industry fulfilled 3.563 billion tax, with an increase rate of 10.62%, which resulted from the stable and orderly operation of industrial economy.
December 15, 2015