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Home >> Business
UPDATED: 13:09, June 26, 2007
Tax breaks to encourage Chinese vessels flying foreign flags to re-register domestically
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Chinese vessels, formerly registered overseas, will be exempted from tariffs and import value-added taxes for two years as of July 1, if they re-register domestically, Xu Zuyuan, Vice Minister of Communications, announced on Tuesday.

Source: Xinhua


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