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The nation’s newly—adopted taxdistribution system has not exces-sively burdened either local governmentsor businesses,a senior official said.The tax revenue sharing system betweenthe central government and localitieswas implemented to remedy the previousarrangement,which gave the centralgovernment inadequate income and pro-
The nation’s newly-adopted tax distribution system has no excesses -ively-evolving tax distribution system has no exces- sively burdened either local governmentsor businesses, a senior official said. Tax revenue sharing system betweenthe central government and localitieswas implemented to remedy the previousarrangement, which gave the centralgovernment inadequate income and pro-