A similar case is that of taxes. Some taxes here are so strange that you will be surprised to know about them. Here taxes are imposed on such things that people cannot even think about. So let us know how India's tax system is like China and what kind of taxes are collected from people here.
How many types of taxes are there in China?
Taxes are levied at three levels in China. Some taxes are levied by the central government, some by the provincial government and some by the local authority. Generally, a huge amount of taxes are levied in China from 14 types of taxes, which include VAT, income and trade tax. The tax system in China is quite similar to India. Because here also taxes are levied by the central government, state government and local authority.
Which taxes are levied by the central government?
– consumption tax
– value added Tax
– business tax
– corporate income tax
– personal income tax
– Resource tax
– Urban construction tax
– Deed Tax
-Land Value Tax
– stamp tax
Which taxes are levied by the provincial government
Just like there are different states in India, different provinces have been created in China too. The government of these provinces is called the provincial government. The head here is the governor. The provincial government collects education surcharge, water resource tax and land value increase tax from the people.
What is included in local government tax
At the same time, the local administration in different cities also collects taxes from the people. These include local education surcharge, local water resource tax, local land assessment tax, property tax, urban construction tax.
People have to pay these taxes too
The list of taxes does not end here. Apart from these, Chinese people also pay custom duty, excise duty, house property tax, farmland occupation tax, vehicle tax, land use tax.
China also collects taxes from foreigners
A country like China does not spare the locals as well as the foreigners in terms of taxes. This country also collects taxes from the foreigners visiting here. Let us tell you that only 2-3 percent of the total population of China pays taxes. In such a situation, the government here also collects taxes from the foreigners to compensate for itself. For example, if a foreigner stays here for more than 183 days for work or business, then he will have to pay tax. That is, his entire income will come under the purview of tax.
You will have to pay tax even for keeping a dog
The Chinese government also imposes many types of taxes in the name of environmental protection. Here, tax is imposed on furniture to reduce wood waste, while if someone wants to keep a dog, then its owner will have to pay tax to the government. Apart from this, the government also imposes tax on things like bicycle, TV, disco and salt.
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