China mulls local surtax law to deepen tax system reform

NAMPA / Xinhua

2026-08-28

BEIJING, Aug. 28 (Xinhua) -- China's Ministry of Finance on Friday released a draft law on local surtaxes to solicit public opinion, marking a new step in the country's efforts to improve its local tax system. Under the draft law, the existing urban maintenance and construction tax, education surcharges and local education surcharges will be rolled into one single local surtax. The reform will simplify the tax and surcharge system, improve......

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