Legislation roundup: VAT reform and foreign e-commerce tax

April 07, 2016 | BY

Katherine Jo &clp articles

The VAT regime has been fully expanded nationwide across all industries and goods bought on foreign e-commerce sites have been subject to VAT and consumption tax

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VAT Reform

Ministry of Finance and State Administration of Taxation, Circular on Comprehensively Launching a Pilot Project for the Levy of Value-added Tax in Place of Business Tax