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, ...

Countries in the European Union were proponents, but VATs have been adopted elsewhere as well, notably in China. VAT relief for exporters has helped encourage companies in these countries to ...

familiarise with the specifics of the new law; provide training for finance and accounting teams to ensure they understand the new regulations and can implement it correctly; engage with tax ...

The National Immigration Agency and national security authorities have identified at least five companies that help Taiwanese apply for Chinese identification cards while traveling in China, a source ...

However, such adjustments should be filed with the STA in advance. The Value-Added Tax Law of the People's Republic of China (VAT Law) was passed at the 13th meeting of the Standing Committee of the ...

Britain could be hit harder than China by Donald Trump's latest trade ... The UK could suffer particularly badly as VAT stands at 20 per cent on most goods – higher than elsewhere.

Whether you pass the VAT threshold or register for VAT voluntarily, we explain everything you need to know about Value Added Tax Whether or not you need to pay Value Added Tax (VAT) as a sole trader ...

China’s foreign minister, in London to meet British counterpart David Lammy, says results of China-UK cooperation are emerging. China-Russia ties: Xi to visit Moscow to mark Soviet WWII victory ...

How a Valentine’s Day fad sparked a ‘gold rush’ in China Demand for gold jewellery spiked in China ahead of Valentine’s Day as consumers pivoted away from other luxury gifts. China central ...