VATupdate

Share this post on

China’s Exemption for Small Business Taxpayers was set to expire on 31 December 2022

China previously announced from 1 April 2022 to 31 December 2022, small-scale VAT taxpayers would be exempt from VAT on taxable sales income subject to a 3% levy rate. The exemption was set to expire on 31 December 2022.

Source Sovos

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com