China plans to levy a resources tax on coal based on sales value instead of production volume, as well as scrapping arbitrary levies on coal miners starting from December 1, taxation and fiscal authorities said over the weekend. ...
Tags: Resources Tax, Coal
China's resource tax reform plan for the coal industry has already been submitted to the State Council and might possibly be carried out as early as January 1, 2014, a source was quoted by a financial information portal as saying Thursday. ...