(EnergyAsia, May 23 2011, Monday) — As part of a tax reform programme, China is looking to introduce a new tax of 5%-10% on the domestic sales of crude oil and natural gas. The tax would be based on sales volume instead of value.For every tonne of crude oil sold, companies may have to pay…
CHINA: New taxes on domestic sales of crude oil, natural gas being considered
Posted on May 23, 2011 by EnergyAsia