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Monday   8 /26 /2002


Tax man targets new rich

 HIGH earners in 13 categories have been put on a watch list by Shenzhen taxation authorities as the city steps up its crackdown on rampant tax evasion by the new rich.

 The revelation came as officials in Beijing vowed to carry on a national crackdown on tax evaders launched last month through the end of the year. Authorities will exact a “heavy price” from those found guilty, Xinhua News Agency said yesterday.

 Senior corporate executives and board members, private businessmen, sports stars and college professors are among the 13 categories Shenzhen taxation officials will keep an eye on, local media reports said.

 Special files will be established to monitor tax payments by high-earners, who will have taxation numbers for the first time in the city.

 The code system will enable tax officials to keep track of the taxpayers more easily wherever they move.

 Meanwhile, measures will also be taken to tackle problems such as multiple-income and gray income, media reports said.(Hu Zheye)

  

  

  

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