Friday, December 05, 2008
China releases plans to raise fuel tax rates in exchange for eliminating feesChina's
Cabinet on Friday released details of a fuel tax reform that would
raise taxes for gasoline and diesel while eliminating other fees for
drivers.The plan, scheduled to take effect Jan. 1, would raise
the tax on gasoline to 1 yuan (14 cents) per liter (0.26 gallon) from
the current 0.2 yuan (3 cents). The tax on... [read more]
posted by fxgentrader,
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@ 11:43 PM,
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