Home / Government / Local Governments News Tools: Save | Print | E-mail | Most Read | Comment
476 failed to file income tax declarations
Adjust font size:

The Beijing Local Taxation Bureau fined 476 people a total of 95,300 yuan (about 12,710 U.S. dollars) for failing to follow stipulated procedures to declare their individual income tax obligations, said an official of the bureau on Thursday.

Under China's new tax law, people with annual incomes exceeding 120,000 yuan must file tax declarations within the first three months after the end of a tax year, or within the period from Jan. 1 - March 31.

Those who fail to file within the stipulated period or try to conceal their real incomes will be fined in line with the law, said the official.

This year, a total of 255,000 people declared individual income tax obligations.

The Beijing Local Taxation Bureau has recorded the tax payments and incomes of 13 million residents in the municipality. It will set up an "integrity data base" on these individuals in reference to their personal integrity appraisal, the official said.

(Xinhua News Agency December 28, 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Foreigners required to declare tax
- Income tax threshold to be raised
- Higher tax threshold proposed
- China expects 30% growth in tax revenues
Most Viewed >>
Questions and Answers More
Q: What kind of law is there in place to protect pandas?
A: In order to put the protection of giant pandas and other wildlife under the law, the Chinese government put the protection of rare animals and plants into the Constitution.
Useful Info
- Who's Who in China's Leadership
- State Structure
- China's Political System
- China's Legislative System
- China's Judicial System
- Mapping out 11th Five-Year Guidelines
Links
- Chinese Embassies
- International Department, Central Committee of CPC
- State Organs Work Committee of CPC
- United Front Work Department, Central Committee of CPC