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Home >> Business
UPDATED: 16:51, January 01, 2006
China's tax revenue hits record 3 trillion yuan in 2005
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China's total tax revenues reached a record high of 3.0866 trillion yuan (385.8 billion US dollars) in 2005, an increase of 20 percent, or 514.8 billion yuan, year-on-year.

The figure, excluding Customs duties and agricultural tax, was revealed by a report posted on the website of the State Administration of Taxation (SAT) on Sunday.

This is the first time that the nation's tax revenues exceeded 3 trillion yuan, the report said.

Source: Xinhua


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