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In Focus | Is China’s new local surtax a game-changer, or a bureaucratic tweak?

  • Posted on September 15, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
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In Focus | Is China’s new local surtax a game-changer, or a bureaucratic tweak?
In Focus | Is China’s new local surtax a game-changer, or a bureaucratic tweak?

Analysts say the proposed surtax – a reworking of three local revenue sources into one semi-autonomous levy – should help streamline finances.
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Author
South China Morning Post

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