China Issues New Regulation Detailing Implementation of Value-Added Tax Law Effective 2026

• China has issued a regulation to implement its value-added tax (VAT) law, effective January 1, 2026.
• The regulation details the scope of taxable goods, services, intangible assets, and immovable property, and defines taxpayer categories.
• It clarifies VAT rates, including zero-rating for certain exports and cross-border sales.
• The rules refine VAT calculation methods, clarify tax incentives, and strengthen VAT administration.
• The VAT law was adopted by the National People’s Congress in December of the previous year.

Source: http:

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---