Total tax revenue in China increased by 9.8% in 2013; VAT revenue rose by 9% to nearly RMB2.9 trillion, while corporate income tax revenue grew by 14% to RMB2.2 trillion. Total tax revenue was just over USD1.8 trillion; however rate pf increase slowed down compared to 2012. On-going reforms from the present business tax to a VAT for the service sector will continue to reduce tax burdens, as small-scale taxpayers (those with turnover below RMB 5 million from services) are subject to a lower VAT rate.
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