China has proposed an update to its Value Added Tax Law. This has now gone out to public consultation by the Ministry of Finance and State Taxation Administration. This aim is to implement the proposed measures sometime during 2020.
Source Avalara
Latest Posts in "China"
- China Reinstates VAT on Contraceptives to Address Declining Birth Rates and Economic Slowdown
- Contraceptives to Be Subject to VAT in China Starting January 1, 2026
- China Uncovers Widespread VAT Evasion Schemes Involving Multiple Companies and Millions in Losses
- Tax Evasion Scandal: 49 Shell Companies and Fake Invoices Orchestrated by Tianjin Changze Finance
- Unveiling a Five-Layer Fake Invoice Network: Tax Evasion and Punishment in Lianyuan City














