Chinese taxes: Xi Jinping vowed to “adjust excessive incomes” as part of his “common prosperity” agenda. Exactly what that means is unclear. It could presage higher corporate tax for high-tech companies (currently 15%), direct gifts such as the one announced by Tencent
Monday morning links
Monday morning links
Monday morning links
Chinese taxes: Xi Jinping vowed to “adjust excessive incomes” as part of his “common prosperity” agenda. Exactly what that means is unclear. It could presage higher corporate tax for high-tech companies (currently 15%), direct gifts such as the one announced by Tencent