Article: China has yet to decide on new tax rates of auto consumption: report

China has yet to decide on new tax rates of auto consumption: report

BEIJING, Sept. 14 (Xinhua) -- China has not yet decided on new tax rates of automobile consumption, the Beijing News Daily reported Wednesday.

The paper quoted an official with the Ministry of Finance as saying that China would raise the tax rate to a maximum of 27 are inaccurate. The official with the Tax Administration Department of the ministry, who declined to give his name, said the ministry is still in the process of consulting other government departments on the readjustment of the ...

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