Alibaba tells investors that years-long government tax breaks for the internet industry, sources say amounting to a preferential 10% rate, are coming to an end (Zheping Huang/Bloomberg)
Alibaba tells investors that years-long government tax breaks for the internet industry, sources say amounting to a preferential 10% rate, are coming to an end (Zheping Huang/Bloomberg) https://bit.ly/3lBK2gY
Zheping Huang / Bloomberg:
Alibaba tells investors that years-long government tax breaks for the internet industry, sources say amounting to a preferential 10% rate, are coming to an end — - Some of Alibaba's units lost their preferential tax status — China's campaign to rein in big tech extends to incentives
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