China's stamp tax revenue rose 2.3% year on year to ¥388.9 bln (about $54.7 bln) in the first 10 months of this year, official data showed. This was reported by The Xinhua News Agency.
According to the Ministry of Finance, stock trading stamp tax revenue went down 3.7% from a year ago to ¥235.5 bln during the period.
Data also showed that China's fiscal revenue amounted to approximately ¥17.34 trln.
The figure represents a drop of 4.5% from the same period last year. Excluding the impact of value-added tax credit refunds, fiscal revenue grew 5.1% from a year earlier.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.