Opinion: VAT goes nationwide

November 13, 2012 | BY

clpstaff &clp articles

The VAT Programme has expanded rapidly since it started in Shanghai this year. For the first time, it allows companies to offset taxes when using external service providers. Lawrence Hu considers how tax reform affects companies

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At the beginning of the year, in a widely publicised move by the PRC government, Shanghai was chosen to launch the Value Added Tax (VAT) Pilot Programme. Six months later,