- China aims to implement electronic special VAT invoice nationwide by the end of 2020.
- As pilot programs are designed to test reforms before being rolled out more widely, companies are advised to prepare themselves for a digital transformation of the fapiao system.
Source: china-briefing.com
Latest Posts in "China"
- China Lowers Luxury Car Tax Threshold to CNY 900,000, Expanding Tax Scope from July 2025
- China Revises VAT Rebate Policy 2025: Full Refunds for Key Industries, Partial for Others
- China Clarifies Tax Reporting Rules for Digital Platforms, Effective October 1, 2023
- France Cracks Down on Chinese E-Commerce Giants with Fines and Regulations
- China Releases Draft VAT Implementation Regulations for 2026 Law