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home > automobile sites (AFX UK Focus) 2008-07-03 07:13 China may raise consumption tax on large-engined automobiles - report (Interactive Investor)

(AFX UK Focus) 2008-07-03 07:13 China may raise consumption tax on large-engined automobiles - report (Interactive Investor)




BEIJING (XFN-ASIA) - China may raise the consumption tax on large-engine automobiles in order to promote fuel efficiency and energy conservation, the Shanghai-based National Business Daily reported, citing an unidentified official with the State Administration of Taxation (SAT).






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