The Implementing Rules clarify the levy of VAT for mixed sales and the definition of "small taxpayer".
February 09, 2009
Tax
“Sale” and “for consideration” defined for consumption tax purposes.
February 09, 2009As China faces up to the challenges of a global recession, lawyers are calling for changes to the country's regulatory regime for mergers and acquisitions. Proper support for acquisition financing and foreign currency conversion will boost the market and encourage investors. More clarification of joint-venture funding and anti-monopoly rules will also help.
February 09, 2009As China faces up to the challenges of a global recession, lawyers are calling for changes to the country's regulatory regime for mergers and acquisitions. Proper support for acquisition financing and foreign currency conversion will boost the market and encourage investors. More clarification of joint-venture funding and anti-monopoly rules will also help.
February 09, 2009Report suggests provinces bear responsibilities for their own emissions
December 18, 2008More high-end products subject to consumption tax.
December 18, 2008VAT system changed from production-based to consumption-based.
December 18, 2008Calculation of business turnover for business tax purposes revised.
December 18, 2008VAT system changed from production-based to consumption-based.
December 18, 2008