Caixin OnlineBusiness & IndustryTop Stories Industry Troubled Industry Takes Another Swing at Tax Rates
02.06.2013 15:26

Troubled Industry Takes Another Swing at Tax Rates

Domestic iron ore miners are again trying to have their tax burden lowered, but they appear to be making little headway
By staff reporter Zhang Boling

(Beijing) – Domestic iron ore miners may not have succeeded at first, but that is not stopping them from trying again.

After failing to convince the government in 2009 that it deserved a tax break, the industry is once again pleading its case.

Wang Qinghai, president of the China Iron and Steel Association (CISA), said in early January that his government-linked industry organization sent a report to the Ministry of Finance (MOF) calling for a tax break on domestic iron ore miners.

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