China Financial Daily

November 29, 2008

Problem of Fuel Tax

Filed under: Financial News — Tags: — kinpoo @ 9:50 am -0800

Fuel Tax may be charged through raising the Consumption Tax
Director of Development and Reform Commission Zhangping said recently:”Make the past various types of fees for the road conservation, management, as well as the water conservation, management and other cost become the fuel consumption tax to charge, ie to regulate fees into taxes.”

Fuel Tax to stimulate a Rebound in Oil Prices
The wait-and-see gas stations in Chengdu will be disappointed — the oil price has not been declined yet, the wholesale price of the refined oil has rebounded forcefully though.

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