In place of this system, the city plans to introduce a sales tax of three percent on all retail sales in the city.

为了取代这一制度，该市计划对全市所有零售额征收3%的销售税。

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The real estate tax system occupies an important place in the whole tax revenue system.

房地产税制在整个税制体系中占有极为重要的地位。

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Taxation was nothing new to the U.S. by the time the new tax system took place.

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In place of the old taxes, the reform calls for a new consumption-based tax system, largely via expanding and slightly increasing the state sales tax.

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If a formula apportionment system had been in place, the world would have been left with much higher tax rates, and thus less investment and economic growth.

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