China’s New Value-Added Tax (VAT) Law marks a major milestone in the country’s tax legislation. Set to take effect on January 1, 2026, the law refines VAT regulations, clarifies taxable transactions, ...
The new VAT law introduces several key changes including the scope of taxable transactions, clarification of "deemed sales", non-taxable items, ...
China's finance and tax authorities have announced the 2023 VAT incentives for a range of market entities, including small-scale taxpayers and taxpayers in production and lifestyle service industries.
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