Telecom services subject to VAT
China will impose a value-added tax on telecommunications services, which may cut profits for the country's three major wireless carriers. The NPC announced at its
In the news: TMT gets VAT, Company law affects accountants, bond defaults begin and ZTE wins patent case
This week the NPC announced VAT for telecom services, CPA firms shifted their services, China faced its first domestic bond default and an infringement case left ZTE unscathed
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