Guangdong leads China in personal income taxes
( 2003-08-15 14:21) (Agencies)
South China's Guangdong Province has maintained its position as the country's
leading collector of personal income taxes, by levying 11.54 billion yuan
(some 1.39 billion US dollars) from local wage-earners from January to
July this year.
In July alone, local personal income taxes amounted to
1.64 billion yuan (197 million US dollars), up 30 percent year-on-year,
the largest growth rate among all local taxes.
Some 80 percent of the taxes were collected from those working in
Guangzhou, capital of the province, and Shenzhen, an economically
prosperous city and a pioneer in China's ongoing reform and opening up
drive, as well as in cities in the Pearl River Delta known for its speedy
economic development.
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