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Aluminum Soars as China Cancels Tax Incentive on Exports
Aluminum soared as China announced it was removing a tax rebate that covers over 5 million tons of exports of the metal.
Alcoa jumps with aluminum futures as China cancels tax incentive on exports
Alcoa (NYSE:AA) +7.8% and Century Aluminum (CENX) +4.2% pre-market Friday as prices for aluminum and other industrial metals jumped after China canceled a tax rebate on exports of certain commodities.
China to cut or cancel export tax rebates for products including aluminium, copper
China's finance ministry said on Friday it would reduce or cancel export tax rebates for a wide range of commodities and other products, effective Dec. 1.
China Says To Scrap Export Tax Rebate For Aluminium, Copper
China's finance ministry said Friday it was cancelling export tax rebates for metals like aluminium and copper, and certain other goods, beginning next month.
China Ends Export Tax Rebate for Aluminum, Copper From December
China is ending its export tax rebate policy for aluminum and copper, while lowering it for some refined oil and battery products as overcapacity concerns have grown among global trading partners.
4h
Rescinding US EV tax credit would cede ground to China, Granholm says
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
3d
on MSN
China Plans to Slash Homebuying Taxes in Fiscal Stimulus
China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing ...
China Briefing
6h
Italy, China New DTA Effective 2025: Key Changes and Implications
Italy recently ratified the upgraded Double Tax Agreement (DTA) with China, which will finally take effect in 2025.
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2d
China announces tax relief measures to stabilize real estate sector
Individuals either purchasing first residence or second home, as long as the property size does not exceed 140 square meters, ...
2d
China Announces Tax Policies To Boost Property Market
China on Wednesday announced a raft of tax policies aimed at boosting the country's ailing real estate market, state media said, including cuts to property deed taxes and VAT.
3d
on MSN
What could Trump's return, and his tariffs, actually mean for China?
Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.
LIVE
1h
China’s tax man is coming for live-streamers who evade taxes as local economies struggle
Huge fines are being imposed on high-profile internet celebrities and streaming hosts, as state authority says they must set ...
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