As a company clerk, 32-year-old Ren Jun doesn’t make alot of money. Of his meager paycheck, he needs to pay about 250 yuan ($39)in taxes each month. From September, Ren will catch a break―histaxes will be sig-nifcantlyreducedto about 30 yuan($4.69). As of September 1, amendmentsto China’s individual income tax law, highlighted by an increased monthlytax exemptionthreshold, will be implemented.
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