China

Details

  • Service: Tax, Indirect Tax
  • Type: Survey report
  • Date: 12/5/2011

Asia Pacific Indirect Tax Country Guide 

The 2011 story of the world's corporate and indirect tax rates continues that of the one told in previous years. According to KPMG International's annual Corporate and Indirect Tax Survey, corporate tax rates have been steadily falling for a decade, while value added tax and goods and services tax (VAT/GST) systems have been introduced across the globe, rising to higher rates and applying to more items as indirect tax systems mature. Rates information will continue to be published through the annual rates survey but now will be regularly assessed for additional communications and delivered online. Online rates means that we need to keep the rates up-to-date on an ongoing basis. Internal processes have been established to help keep the rates up-to-date. The new online rate tool allows users to view and compare the latest corporate and indirect tax rates from across the globe.

Asia Pacific Indirect Tax Country Guide
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