Clear The Air News Tobacco Blog Rotating Header Image

Great wall of loopholes keeps China’s last gasp at bay

Jun 30th, 2011
by Editor.

http://www.smh.com.au/world/great-wall-of-loopholes-keeps-chinas-last-gasp-a
t-bay-20110629-1gr2i.html

Last year, China’s tobacco industry generated $A89 billion in revenue and
contributed $A74 billion in taxes, almost 7 per cent of total tax revenue.
The number of cigarettes it produces still grows, up 40 per cent in a decade

Read more:
http://www.smh.com.au/world/great-wall-of-loopholes-keeps-chinas-last-gasp-a
t-bay-20110629-1gr2i.html#ixzz1Qg8toxee

Posted in: Tobacco Tax.

← →

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>