Clarifying corporate income tax under the VAT regime
April 22, 2013 | BY
clpstaff &clp articlesAn Announcement from the SAT finally clarifies whether VAT should be included in the tax base for withholding tax levied on non-resident enterprises
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