At last: Lawmakers approve business tax bill
Detroit Free Press - of this year, and the business community says it needs at least six months to prepare for the new tax. The agreement will replace about $1.9 billion currently generated by the SBT. The revenue neutrality of the plan is considered important to help
Source: www.freep.com
Smokers smoldering over cigarette tax hike
Daily News Journal - Anti-tobacco activists hope this tax hike, along with the statewide ban on smoking in most workplaces that goes into effect in October, will help change that. “I’m not happy,” smoker Chris Cook said. The tax hike will not apply to the dipping tobacco
Source: www.dnj.com
China gives green light to cut bank interest tax
China Post - Suspending or reducing the tax, introduced in 1999, would help make bank deposits more attractive given the current one-year bank deposit rate of 3.06 percent after an inflation rate that hit 3.4 percent in May. The move is widely seen as an
Source: www.chinapost.com.tw
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