How much tax does pagoda industry pay a year?
About 200 million. Baota Industrial Co., Ltd. was established on April 3rd, 1996, and its registered address is Beijing West Road, Xixia District, Yinchuan City, Ningxia Hui Autonomous Region. Its business scope includes industrial manufacturing, bearing processing and steel sales. The annual tax payment reaches about 200 million yuan. Taxation refers to a normative form in which the state participates in the distribution of social products in a compulsory and unpaid way in order to provide public goods to the society and meet social needs, and obtains fiscal revenue.