Taxes on goods and services as a share of revenue reached 34.4% in 2020 in China, according to the National Statistical Office. This is 7.72% more than in the previous year.
Historically, taxes on goods and services as a share of revenue in China reached an all time high of 77.7% in 2005 and an all time low of 31.9% in 2019.
China has been ranked 53rd within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.
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