Recent reform in Chinese VAT policies
International Tax Journal
Value-added tax, Indirect taxation, Business tax, Consumption tax, Pilot projects
The article presents information on the policies regarding value added tax in China that is based on the value of the sales of goods and services. The country depends on three types of indirect taxes that include business tax, value-added tax and consumption tax. Information on the pilot projects conducted on the value added tax and its importance to the country is also presented.
Copyright © 2012 CCH Group
Lin, K. Z., & Wong, P. W. Y. (2012). Recent reform in Chinese VAT policies. International Tax Journal, 38(4), 39-46.