The State Administration of Taxation has issued a set of
regulations on implementing the new consumption taxes, a source
with the administration said Saturday.
According to the regulations, taxpayers should go to local
taxation organs to get registered again if their tax items have
been changed.
The regulations help standardize tax collection of taxation
organs, and on the other hand offer guidance for people to perform
their taxation duties well, the source said.
On March 21, the Ministry of Finance and State Administration of
Taxation issued a decree to readjust the taxation of some items of
consumption goods.
Beginning April 1, different tax rates will be imposed on
disposable wooden chopsticks, wooden floor panels, yachts, luxury
watches and more oil-based products.
(Xinhua News Agency April 2, 2006)