In the News: Consumption Tax Law; Mobile Apps Crackdown; and Constitutional Review Platform

December 08, 2019 | BY

Vincent Chow

New consumption tax draft law puts State Council center stage; major mobile apps caught for illegal data collection practices; and NPC launches online platform for submitting constitutional review requests

China's finance ministry publishes draft consumption tax law

China has released a draft consumption tax law that would give the State Council the power to adjust the tax rates applied to different goods as well as provide exemptions if necessary. The draft law, prepared by the Ministry of Finance and State Taxation Administration and released on Dec. 3, is designed to help build a modern fiscal system, the two agencies said. They are soliciting public comments until Jan. 2.

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