Second, the law was introduced as a counterweight to trade-enhancing measures in Europe, such as the rebate of value-added tax on exported goods.
The Guangdong case suggests that after focusing on smuggling for the last year, the government is turning its attention to tax fraud, particularly fraud in rebates of value-added tax -- a kind of sales tax -- paid on goods made for export.
Beijing has tried to narrow the gap by repealing rebates of value-added taxes on hundreds of products and imposing new taxes to discourage exports of steel and other energy-intensive or polluting goods.
Biggest example: rebates on value-added taxes (VAT) for exports.
The Chinese government is imposing stricter labor laws and tighter environmental regulations while cracking down on corporate tax evasion and making it harder for companies to claim large rebates of the value added taxes that they pay.
After a visit to its offices by the governor of Bangkok, General Dynamics in 2011 offered a rebate of about 10 percent of the value of the deal.
The Transportation Department said Wednesday that 184,304 deals had been submitted, with a rebate value of $775.2 million.
The Transportation Department said Wednesday that more than 180,000 deals had been submitted, with a rebate value of $775.2 million.
Another potential approach is a border rebate for exports to level the playing field abroad, whereby the government rebates the value of emissions embodied in exports.
A1 Bush Digs In on His Tax Plan President Bush said a measure introduced by Senate Democrats for a one-time tax rebate of $300 should not substitute for his 10-year tax-cutting plan, which he values at $1.6 trillion, because the rebate would not do enough to revive the economy.
"That's a maximum rebate of $87,500".
