Acorn International has acquired Yiyang Yukang Communication Equipment, giving Acorn access to new mobile phone products and strengthening its distribution…
February 09, 2009
Retail Trade and Distribution
“Sale” and “for consideration” defined for consumption tax purposes.
February 09, 2009Levy of VAT clarified for mixed sales.
February 09, 2009The Implementing Rules clarify the levy of VAT for mixed sales and the definition of "small taxpayer".
February 09, 2009“Sale” and “for consideration” defined for consumption tax purposes.
February 09, 2009More high-end products subject to consumption tax.
December 18, 2008VAT system changed from production-based to consumption-based.
December 18, 2008Grosvenor has set up a joint venture with Vega Property Group to establish the US$250 million Grosvenor Vega-China Retail Fund.The fund will focus on investments…
December 18, 2008VAT system changed from production-based to consumption-based.
December 18, 2008According to the revised Regulations, the amount of consumption tax payable may be calculated ad valorem, at a flat rate or by a combination of the two.
December 18, 2008