- Zhejiang Provincial Tax Service issued a 2026 notice on VAT ordinary invoices for export business.
- It aims to align tax administration with the implementation of the PRC VAT Law and its implementing regulations.
- The notice applies to Zhejiang Province excluding Ningbo, covering export goods and cross-border sales of services and intangible assets.
- “Export business” is defined as business that falls under the relevant 2026 Ministry of Finance/State Taxation Administration rules for VAT and consumption tax refund, exemption, or taxation policies.
Source: lexiscn.com
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.
Latest Posts in "China"
- China Simplifies VAT Refund Checks to Boost Tourism and Retail Spending
- Boosting Market Access: China Renews VAT and CIT Exemptions for Foreign Bond Investors
- China Expands Instant VAT Refunds to Boost Tourist Spending
- China Urges Targeted, Risk-Based Measures in Invoicing Crackdown to Protect Legitimate Business
- Fujian Tax Bureau Seeks Public Input on Land Value-added Tax Collection Draft Announcement
