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Monday   9 /30 /2002


Beijing to draw up wealth data base

 BEIJING residents with an annual income exceeding 100,000 yuan (US$12,000) are being asked to regularly file tax reports with the tax authority for the establishment of an archive network, as part of the campaign against tax evasion.

  The Beijing Municipal Bureau of Local Taxes Thursday announced provisional measures to tighten tax controls including the launching of a new website www.tax861.gov.cn for on-line tax payment, which will operate from the beginning of next year.

  A large number of wealthy people live in the Chinese capital. Its income tax revenue last year totaled 8 billion yuan. The figure is expected to exceed 10 billion yuan this year.

  Statistics gathered by the tax authority show that nearly 100,000 Beijing residents earn more than 100,000 yuan a year.

  Wang Jiping, director of the bureau, said at Thursday’s news conference that some 100 million yuan had been recovered from tax dodgers so far this year.

  Several major cases of tax evasion had been discovered, he said.

  Liu Xiaoqing, China’s best-known actress, was arrested in June this year on charges of evading up to 10 million yuan in taxes. (Xinhua)

  

  

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