China

Details

  • Service: Tax, Indirect Tax
  • Type: Publication series, Regulatory update
  • Date: 1/4/2012

VAT concessions for exported services announced 

China alert - Issue 1, January 2012

 

On 29 December 2011, the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) jointly issued Cai Shui [2011] No.131 (Circular 131) setting out Value Added Tax (VAT) concessions for exported services provided to overseas entities under the VAT pilot program in Shanghai.

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