On 20 December 2020, China’s State Taxation Administration (STA) issued Bulletin 22 announcing that newly registered Chinese VAT payers in 11 regions may issue electronic VAT special invoices as from 21 December 2020, and newly registered VAT payers in other domestic regions may do as from 21 January 2021.
Source: Deloitte
Latest Posts in "China"
- China Clarifies VAT Deduction Rules for Goods, Services, Asset Restructuring, and Mixed-Rate Transactions
- China Announces New VAT Preferential Policies and Thresholds Effective January 1, 2026
- China Customs Releases 9% Import VAT Rate Product Code Table, Effective 2026
- China Issues Interim VAT Deduction Rules for Long-Term Assets Over 5 Million Yuan
- China Updates VAT and Consumption Tax Policies for Exported Goods and Cross-Border Services
