| http://www.w3.org/ns/prov#value | - value-added tax (VAT) and property tax.With the aim to reduce the tax burden on Chinese companies, VAT will replace business tax nationwide by the end of 2015.At the moment financial, property and some other sectors have been left unchanged due to complex conditions.The construction sector is complicated with multiple transaction links and it would be difficult to conduct the reform, said Ni Ho
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