China’s value-added tax (VAT) reform is the largest tax overhaul in the country since 1994. The reform began as a Shanghai-based pilot program – a popular method for incubating reforms in the country ...
On December 3, 2016, China’s Ministry of Finance (MOF) issued regulations on accounting treatment of Value-added tax (VAT), which immediately came into force from the date of issuance. The latest ...
Reforms to China’s value-added tax raise issues that landlords should consider when designing leasing structures and negotiating rental terms. This LawFlash analyzes the effect that VAT reform has had ...
The launch of VAT Calculators marks a significant advancement in the realm of VAT calculations. Designed for businesses, and financial professionals. LONDON, UNITED ...