””””BEIJING, March 11 (Xinhuanet) -- Vice-Minister of Finance Liao Xiaojun said
here Tuesday that China will go all out to strengthen the collection of personal
tax among high-income earners so as to avoid tax evasion.
””””The relevant government departments have mapped out and submitted policies
to check the evasion of personal income tax by high-income earners, especially
individual investors, the official said at a meeting on proposals set forth by
members of the National Committee of the Chinese People's Political Consultative
Conference.
””””Wang Li, chief economist of the State Administration of Taxation, said the
taxation system was aimed to improve the taxation system for high-income trades
and high-income earners in a bid to beef up the collection of personal income
tax.
””””The work is being carried out assiduously and popularized across the
country, especially big cities, he said. Enditem