Tax plan 'puts wisdom of policymakers to test'

Before an expected resource taxation plan is implemented, related concerns about its impact must be cleared up, analysts have said.

Their comments were made following news that a detailed plan for tax reforms may be revealed this year, according to a senior official with the State Administration of Taxation (SAT), on Thursday.

Yang Suizhou, deputy director of the SAT's local tax department, said the administration was preparing the plan and will exchange views with the relevant government departments.