Global Trade Alert
Global Trade Alert

China: VAT exemption for Sino-foreign schools' income

Announcement

25 Jun 2018

July 25th, 2018 - The Chinese government announced a change in VAT policy.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

25 Jun 2018

Revocation date:

No revocation date

Updated: 25 Jun 2018
FDI: Treatment and operations, nes In force

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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