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New six percent tax in China : Domains are now “intangible assets”

Posted by DomainGang on July 2, 2017, at 2:37 pm

On July 1st, China introduced a 6% tax levy on domain names, and this is good news. Some might wonder, how would an act of “Communist Capitalism” such as this be “good news” for the Chinese domain investors? Very simple. According to this chart sheet in Chinese, domain name sales are categorized as “Sales of […]

Filed under Domain News · Tagged with China, Chinese domain investors, Chinese domain market, Chinese domainers, Communist Capitalism, Domainers, Domains, George Hong, domaingang, intangible assets

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