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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: vehicle and vessel

A truck unloads animal feed made from soybeans imported from Brazil at a port in Nantong in China's eastern Jiangsu province in August. Photo: AFP
Posted inChina

Shanghai to cut vehicle and vessel tax

by Asia Times staff February 8, 2019February 18, 2020

The Shanghai municipal government has reduced the city’s vehicle and vessel tax standard to the lowest level of the statutory tax rate, which is expected to affect more than five million taxpayers and cut a total 500 million yuan in tax annually, The Paper reported. The tax rate of vehicles used in production activities has dropped […]

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