Draft corporate tax law to be tabled

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clpstaff &clp articles

A draft corporate tax law to unify taxes for domestic and foreign-invested enterprises is expected to be tabled soon for a first reading by the Standing…

A draft corporate tax law to unify taxes for domestic and foreign-invested enterprises is expected to be tabled soon for a first reading by the Standing Committee of the National People's Congress, Xinhua reports.

An agreement on the draft law has been reached among local authorities and governmental departments, although a further technical revision of the draft cannot be ruled out.

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