Announcement
25 Jun 2018
July 25th, 2018 - The Chinese government announced a change in VAT policy.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
25 Jun 2018
Revocation date:
No revocation date
On July 25th, 2018, the Chinese tax authorities released Announcement 42/2018 with several procedural updates to the nation's tax policy.
One such update was the exemption of VAT for income...
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