China

Details

  • Service: Tax, Indirect Tax
  • Type: Publication series, Regulatory update
  • Date: 9/19/2011

VAT reform pilot scheme will be rolled out in Shanghai 

China alert - Issue 34, September 2011

 

Indirect taxation in China is a significant issue. In 2010, revenues from indirect taxes (including customs duties) accounted for approximately 75 percent of China’s total tax revenue collection. As such, the reform of indirect taxes in China is likely to have a major impact on businesses and consumers. ‬

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