Inherently Taxing.docVIP

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  • 2016-10-18 发布于北京
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Inherently Taxing.doc

Inherently Taxing   How does Chinese society treat the rich? When it comes to passing down wealth through family, people can leave all their personal belongings to heirs and the recipients do not need to pay a penny of tax for their inheritance to the state, unlike what is required in many other countries.   However, pressure for change is emerging despite huge controversies.   On September 23, the 21st Century Business Herald, a business newspaper published in Guangzhou, Guangdong Province, said that the country’s top leadership was considering the introduction of inheritance tax. The repor

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