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January 7, 2009



Weiqiao gets tax relief on equipment investment

HONG KONG, Jan 6 (Reuters) - China's largest cotton textile producer, Weiqiao Textile Co. Ltd. , said on Friday that it had been granted a tax relief of 273.2 million yuan ($33.85 million) from its investment in domestic equipment used in 2003 and 2004.

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Kansas' July tax revenues exceed expectations

July general fund tax receipts for the state of Kansas totaled $376 million, almost $9 million above projections, according to figures released Thursday by Gov. Kathleen Sebelius' office.

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Lib Dems pledge income tax cut

Sir Menzies Campbell today promised to lower the tax burden, not just for the poor but also for "Middle Britain", in a speech ditching the party's manifesto pledge to increase income tax on high earners and boost public investment.

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