Tag: Financial Advisory
May 12, 2022
China VAT Guide: Everything You Need To Know About China’s VAT System
China’s VAT system is widely considered to be quite a complex system. Over the past few years, it has undergone and...
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July 9, 2019
China’s Recent Tax Reforms and Implications for EU SMEs
China has recently implemented changes and reforms to the Individual Income Tax (IIT), the Value Added Tax (VAT) and Corporate Income...
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April 24, 2019
China VAT reform: the 2019 Value Added Tax reforms
China's VAT reform continued with new Value Added Tax policies, such as lowering of China's VAT rates in 2019, increased scope...
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March 6, 2019
China announces further reductions to the Value Added Tax (VAT): from 16% to 13% and from 10% to 9%
On March 5th, 2019, China announced reductions to the Value Added Tax (VAT). The VAT rates of 16% and 10% will...
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March 3, 2019
What is a Permanent Establishment and what are its Tax Implications?
The Permanent Establishment (PE) is frequently used in double taxation avoidance agreements (DTAs). When a PE is constituted, China levies taxes...
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