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News from The Qingdao Public Revenue indicates that revenue collection and
administration will soon experience structural changes.
The new measure will further specify the administration standards of
revenue sources. Based on regional division, the revenue sources will be
cla
ssified into four categories of new enterprises, average revenue enterprises,
major revenue enterprises and fixed revenue enterprises according to the volume
of revenue, taxpayers' credit and the time period in business.
Adjusted measures also allow revenue officers new means to tackle tax
dodging
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