China Implements VAT Reverse Charge for Scrap Dealers to Combat Tax Evasion

• China is introducing VAT reverse charge on scrap dealers
• The Chinese Government plans to implement reverse charge accounting requirements
• This will apply to those trading in scrap metal and facilitating trade-in of old consumer goods

Source: vitallaw.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.

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