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Beijing KFC Paid Highest Tax
May 17, 2006 | By ChinaRetailNews.com Editor |
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The Beijing Local Taxation Bureau says that Kentucky Fried Chicken paid RMB63.8 million in taxes last year.
This amount of tax surpassed that of all Chinese-style fast food restaurants and KFC's main competitor, McDonald's.
Beijing Local Taxation Bureau keeps a record of 29170 restaurants, but only six of them paid more than RMB10 million tax last year.
The top ten tax payers paid a total of RMB194 million in tax, accounting for 13.56% of the total.
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