Commentary: VAT reform — a critical step in China's supply-side reform – Xinhua

Commentary: VAT reform — a critical step in China’s supply-side reform – Xinhua

Commentary: VAT reform — a critical step in China’s supply-side reform
Xinhua
A good example is a recent announcement by China’s Ministry of Finance to set a May 1 deadline for completely replacing business tax with value-added tax (VAT) , cutting an estimated 500 billion yuan (773 billion U.S. dollars) of tax for corporations
CHINA EXPANDS VAT REFORM TO NEW SECTORSJD Supra (press release)
Construction, Finance, Consumer Services to Pilot Taxation ReformCRIENGLISH.com

all 4 news articles »

Commentary: VAT reform — a critical step in China’s supply-side reform – Xinhua