Clarifying corporate income tax under the VAT regime

April 22, 2013 | BY

clpstaff &clp articles

An Announcement from the SAT finally clarifies whether VAT should be included in the tax base for withholding tax levied on non-resident enterprises

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The value added tax (VAT) pilot programme was launched at the beginning of 2012 in Shanghai. Although the programme establishes a basic framework of VAT administration, problems still exist and