août 20, 2021

More Taxpayers to Benefit from Uncredited VAT

On April 28, 2021, China’s Ministry of Finance (MOF) and State Taxation Administration (STA) released the Announcement on Clarifying Policies on the Refund of Period-End Uncredited Value-Added Tax in Advanced Manufacturing Industries (MOF STA
août 3, 2021

China’s E-Fapiao System at a Glance

  Over the last few months, China has been quickly expanding the pilot program on electronic special value-added tax (VAT) fapiao (hereafter referred to as special VAT e-fapiao). First trialed in Ningbo, Hangzhou, and